Farmstead Manufacturing is a baked goods manufacturer based in rural Leeds, Utah.
The company needed capital to expand its manufacturing facility from 1,000 square feet to 5,000 square feet.
Our investment, made in connection with the Utah Rural Jobs Act, enabled it to expand its facility with plans to hire 25-30 new employees, making it a significant employer in a town of 877 people.
Investment Summary
Location
Utah
Investment
$1,750,000
Type
Debt
Impact
Jobs Retained
30