Town Hall and Fire Dept. Renovation Loans with USDA Continue
Town of China GroveCity · China Grove, NC- Disclosed value
- $2,134,725 (principal on two loans); $571,506 (interest over term)
- From agenda
- Document date
- Jan 6, 2026
- Renews
- Free account
The 30-second brief
The Town of China Grove continues its installment purchase contracts with the USDA for Town Hall and Fire Department renovations, financing over 30 years at a 3.5% interest rate. Principal remaining is $1,528,574 as of June 2025.
United States Department of Agriculture holds this financial services contract with Town of China Grove. Its other public contracts on record include work for City of Troy and Dane County.
The renewal date is on record. A free account shows it, with the renewals for every Town of China Grove contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $2,134,725 (principal on two loans); $571,506 (interest over term)
- Document date
- January 6, 2026
- Term
- December 2013 – 2043 (30 annual payments)
- Renews
- Free account
- Agency
- Town of China Grove
- Source document
- Town of China Grove Council Meeting Agenda January 2026 (Agenda)
United States Department of Agriculture's other public contracts
More Town of China Grove contracts
Questions about this contract
Who was awarded the financial services contract by Town of China Grove?
United States Department of Agriculture was awarded this financial services contract by Town of China Grove, as recorded on January 6, 2026. The contract value is $2,134,725 (principal on two loans); $571,506 (interest over term).
How much is the United States Department of Agriculture contract with Town of China Grove worth?
The United States Department of Agriculture contract with Town of China Grove is valued at $2,134,725 (principal on two loans); $571,506 (interest over term), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Town of China Grove Council Meeting Agenda January 2026 (Agenda), dated January 6, 2026 from Town of China Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does United States Department of Agriculture hold?
United States Department of Agriculture 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 Town of China Grove currently buying?
Explore Town of China Grove's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.