AMGS Seeks $150K HEDA Bridge Loan
THE HRA OF HIBBING, MINNESOTALocal Housing Authority · Hibbing, MN- Disclosed value
- $150,000
- From agenda
- Document date
- Apr 16, 2026
The 30-second brief
Advanced Machine Guarding Solutions has applied to HEDA for a $150,000 bridge loan to provide working capital during a short-term recovery period after tariff-related revenue losses. The company expects to repay the loan within three to four months while it raises additional equity.
Advanced Machine Guarding Solutions holds this financial services contract with THE HRA OF HIBBING, MINNESOTA. Its other public contracts on record include work for City of Hibbing.
Term as filed: Bridge loan expected to be repaid within 3–4 months.
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Contract details
- Contract type
- Financial Services
- Amount
- $150,000
- Document date
- April 16, 2026
- Term
- Bridge loan expected to be repaid within 3–4 months
- Source document
- Hibbing Economic Development Authority Regular Meeting Agenda April 2026 (Agenda)
Advanced Machine Guarding Solutions's other public contracts
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Questions about this contract
Who was awarded the financial services contract by THE HRA OF HIBBING, MINNESOTA?
Advanced Machine Guarding Solutions was awarded this financial services contract by THE HRA OF HIBBING, MINNESOTA, as recorded on April 16, 2026. The contract value is $150,000.
How much is the Advanced Machine Guarding Solutions contract with THE HRA OF HIBBING, MINNESOTA worth?
The Advanced Machine Guarding Solutions contract with THE HRA OF HIBBING, MINNESOTA is valued at $150,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Hibbing Economic Development Authority Regular Meeting Agenda April 2026 (Agenda), dated April 16, 2026 from THE HRA OF HIBBING, MINNESOTA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Advanced Machine Guarding Solutions hold?
Advanced Machine Guarding Solutions 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 THE HRA OF HIBBING, MINNESOTA currently buying?
Explore THE HRA OF HIBBING, MINNESOTA's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.