CONTRACTAPPROVED

City of Gothenburg Awards $500,000 Loan Guaranty Contract to Glg Concepts (November 2022)

Disclosed value: $500,000.00; From meeting minutes
Approved: Nov 1, 2022
Term: 20 years

What it covers

LB840 Fund approved for GLG Concepts LLC with $500,000 loan guaranty, secured by an occupation bond, to support a new restaurant venture.

Who holds it

Glg Concepts holds this loan guaranty contract with City of Gothenburg. Its other public contracts on record include work for Gothenburg Housing Authority.

What happens next

Term as filed: 20 years.

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Contract details

Contract type: Loan Guaranty
Amount: $500,000.00
Document date: November 1, 2022
Term: 20 years
Vendor: Glg Concepts
Agency: City of Gothenburg
Source document: city-of-gothenburg-meeting-minutes-2022-11-01_67f.pdf (Meeting Minutes)

Glg Concepts's other public contracts

City of Gothenburg, Nebraskacity-of-gothenburg-agenda-2023-05-16_fb3.pdf · May 16, 2023$290K City of Gothenburg, NebraskaGLG Concepts LLC Secures $290,000 Business Loans · May 16, 2023$290K City of Gothenburg, NebraskaGLG Concepts LLC Grant Agreement approval · Nov 1, 2022Undisclosed Gothenburg Housing Authority, Nebraska$500K Loan Guaranty Approved for Good Life · Nov 1, 2022$500K Gothenburg Housing Authority, NebraskaGLG Concepts LLC Grant Application · Nov 1, 2022$3K All Glg Concepts contractsVendor profile

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Questions about this contract

Who was awarded the loan guaranty contract by City of Gothenburg?

Glg Concepts was awarded this loan guaranty contract by City of Gothenburg, as recorded on November 1, 2022. The contract value is $500,000.00.

How much is the Glg Concepts contract with City of Gothenburg worth?

The Glg Concepts contract with City of Gothenburg is valued at $500,000.00, covering loan guaranty work.

What type of contract is this?

This is a Loan Guaranty contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-gothenburg-meeting-minutes-2022-11-01_67f.pdf (Meeting Minutes), dated November 1, 2022 from City of Gothenburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Glg Concepts hold?

Glg Concepts 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 Gothenburg currently buying?

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

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