FINANCIAL_SERVICESONGOING

Chip Energy Revolving Loan Nears Payoff by 2028

The Town of Panola reported ongoing repayment activity on its revolving loan with Chip Energy, which is scheduled to be fully paid off by March 2028. Treasurer confirmed that payments remain current.

Status
ONGOING
Document date
May 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Chip Energy
Agency
Town of Panola · IL

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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
Contract term
through March of 2028
Renewal date
2028-03-31
Renewal
Loan scheduled to be paid off on or before March 2028. No renewal indicated.
Document type
Minutes
Source document
Town of Panola Minutes 2026-05-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Panola?

Chip Energy was awarded this financial services contract by Town of Panola, as recorded on May 13, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Panola Minutes 2026-05-13 (Minutes), dated May 13, 2026 from Town of Panola. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Chip Energy hold?

Chip Energy 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 Chip Energy's profile

What is Town of Panola currently buying?

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

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