NIFA Board of Directors Meeting Agenda January 2026
NIFA Approves Farm Real Estate Loan with First State Bank
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Description
NIFA approved an agricultural loan/bond of $225,000 at a 5.95% variable rate for borrower Jacob Schrock, with First State Bank - Holdrege, Nebraska serving as bondholder. The financing supports the $450,000 purchase of approximately 157 acres of farm real estate in Gosper County.
Contract Details
Contract Amount
$225,000
Vendor
FIRST STATE BANK - HOLDREGE, NEBRASKA
Agency
Nebraska Investment Finance Authority, NE
Contract Type
FINANCIAL_SERVICES
Document Date
January 16, 2026
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