Funding

Funding Needed
$1.5 (Mio)
EB5 Funding
$1.5 (Mio)
EB-5 Investors
3
Investment Amount
$500,000

Jobs

Job Creation per Investor
12.3
Job Creation (Total)
37
Category
Other Services
Sub-Category
Car Washes

Location

State
California
Location
Indio,CA

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K&R Car Wash


Project Description

K&R Car Wash, Inc. was formed in February 2013. Owner Rasim Hallum has over 15 years of experience in the car wash industry and currently owns 50% of another Car Wash which is also located in Indio, California.

US Employment Development Lending Center approved and funded this loan for K&R Wash in August of 2013. Construction began on August 1st, 2013 and was completed on January 31st, 2014. K&R Car Wash is now a fully operating business.


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