FINANCIAL_SERVICESONGOING

Hospital to pursue expanded credit with Summit Bank

Sonoma Valley Hospital maintains financing with Summit Bank, including a term loan and line-of-credit, and plans to seek increased credit capacity and flexibility ahead of the fall IGT cash-flow period. Committee members emphasized developing a more proactive banking relationship and exploring options early.

Status
ONGOING
Document date
May 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Summit Bank
Agency
Sonoma Valley Hospital · CA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Existing term loan and HELP II principal repayments are included in FY27 budget; hospital may negotiate amendments or expanded line-of-credit terms with Summit Bank during upcoming discussions.
Document type
AgendaPacket
Source document
Sonoma Valley Health Care District AgendaPacket Finance Committee Meeting 2026-05-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sonoma Valley Hospital?

Summit Bank was awarded this financial services contract by Sonoma Valley Hospital, as recorded on May 26, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Sonoma Valley Health Care District AgendaPacket Finance Committee Meeting 2026-05-26 (AgendaPacket), dated May 26, 2026 from Sonoma Valley Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Summit Bank hold?

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

View Summit Bank's profile

What is Sonoma Valley Hospital currently buying?

Explore Sonoma Valley Hospital's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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