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EDAP Loan for Nelsa Properties Under Consideration

Paynesville village
Disclosed value
$450,000.00
From agenda
Document date
Oct 28, 2024
Term
10-year balloon loan

The 30-second brief

What it covers

Nelsa Properties, LLC applies for $450,000 EDAP loan for business expansion, with a 10-year balloon, 6.5% interest, and 20-year amortization.

Who holds it

Nelsa Properties holds this edap loan contract with Paynesville village. Its other public contracts on record include work for Town of Paynesville and City of Paynesville.

What happens next

Term as filed: 10-year balloon loan.

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Contract details

Contract type
Edap Loan
Amount
$450,000.00
Document date
October 28, 2024
Term
10-year balloon loan
Vendor
Nelsa Properties
Agency
Paynesville village
Source document
paynesville-village-city-council-meeting-agenda-october-28-2024_fc0.pdf (Agenda)

Nelsa Properties's other public contracts

Town of Paynesville, MinnesotaCouncil Approves TIF Completion and Revenue Note · Aug 10, 2026Town of Paynesville, MinnesotaCity Issues TIF Revenue Note to Nelsa Properties · Aug 10, 2026Town of Paynesville, MinnesotaNelsa properties new construction · Sep 15, 2025UndisclosedPaynesville village, Missouri$450,000 EDAP loan approved for NelSa Properties, LLC · Nov 25, 2024$450KCity of Paynesville, MinnesotaNelSa Properties Receives $450,000 EDAP Business Subsidy · Nov 25, 2024$450KAll Nelsa Properties contractsVendor profile

More Paynesville village contracts

Preferred ControlsNew VFD from Preferred Controls · Aug 11, 2025$14.6KMeeker CoopMeeker Coop to install the transmitter. · Aug 11, 2025UndisclosedMeeker Cooperative Light & PowerMeeker Coop to install AMI antenna for Paynesville · Aug 11, 2025UndisclosedCore & Main Inc.Core & Main $62,700 for Flexnet Light 2025 · Aug 11, 2025$62.7KProject One Construction IncLiquor Store Construction Payment to Project One · Aug 11, 2025$133.7KAll Paynesville village activityAgency profile

Questions about this contract

Who was awarded the edap loan contract by Paynesville village?

Nelsa Properties was awarded this edap loan contract by Paynesville village, as recorded on October 28, 2024. The contract value is $450,000.00.

How much is the Nelsa Properties contract with Paynesville village worth?

The Nelsa Properties contract with Paynesville village is valued at $450,000.00, covering edap loan work.

What type of contract is this?

This is a Edap Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in paynesville-village-city-council-meeting-agenda-october-28-2024_fc0.pdf (Agenda), dated October 28, 2024 from Paynesville village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Nelsa Properties hold?

Nelsa Properties 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 Paynesville village currently buying?

Explore Paynesville village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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