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City of Cocoa Awards $7,500 Forgivable Loan Contract to Ottomatic Threads (January 2025)

City of Cocoa logoCity of Cocoa
Disclosed value
$7,500.00
From contract
Approved
Jan 1, 2025
Term
3 years

The 30-second brief

What it covers

City of Cocoa awards Ottomatic Threads a forgivable loan of $7,500 for eligible expenses including rent, marketing, equipment, and relocation. Loan depreciates over three years, forgiven if terms are met. Grantee to offer community enrichment and adhere to Cocoa City Code.

Who holds it

Ottomatic Threads holds this forgivable loan contract with City of Cocoa.

What happens next

Term as filed: 3 years.

See who signed off on this $7.5K contract.

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Contract details

Contract type
Forgivable Loan
Amount
$7,500.00
Document date
January 1, 2025
Term
3 years
Vendor
Ottomatic Threads
Agency
City of Cocoa
Source document
city-of-cocoa-upstart-cocoa-minority-and-small-business-program-loan-agreement_1ae.pdf (Contract)

Ottomatic Threads's other public contracts

City of Cocoa, FloridaUpstart Program Considers $7,500 Loan for Ottomatic Threads · May 13, 2025$7.5KCity of Cocoa, FloridaUpStart Cocoa forgivable loan awarded to Ottomatic Threads · May 13, 2025UndisclosedCity of Cocoa, FloridaUpStart Forgivable Loan Proposed for Ottomatic Threads · May 13, 2025UndisclosedAll Ottomatic Threads contractsVendor profile

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Questions about this contract

Who was awarded the forgivable loan contract by City of Cocoa?

Ottomatic Threads was awarded this forgivable loan contract by City of Cocoa, as recorded on January 1, 2025. The contract value is $7,500.00.

How much is the Ottomatic Threads contract with City of Cocoa worth?

The Ottomatic Threads contract with City of Cocoa is valued at $7,500.00, covering forgivable loan work.

What type of contract is this?

This is a Forgivable Loan contract, documented as a contract record.

Where was this contract approved?

This contract appears in city-of-cocoa-upstart-cocoa-minority-and-small-business-program-loan-agreement_1ae.pdf (Contract), dated January 1, 2025 from City of Cocoa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ottomatic Threads hold?

Ottomatic Threads may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Cocoa currently buying?

Explore City of Cocoa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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