CONTRACTAPPROVED

Town of Iron River Awards Loan Contract to First National Bank (December 2024)

Town of Iron River
Approved
Dec 23, 2024

The 30-second brief

What it covers

Township approves financing option with First National Bank for DPW building funds with a 60-month balloon at 5.5% amortized over 20 years.

Who holds it

First National Bank holds this loan contract with Town of Iron River. Its other public contracts on record include work for City of Keiser and Pender Public Schools.

What happens next

Term as filed: 60-month balloon at 5.5% amortized over 20 years.

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Contract details

Contract type
Loan
Document date
December 23, 2024
Term
60-month balloon at 5.5% amortized over 20 years
Source document
town-of-iron-rivermeeting-minutes2024-12-23_951.pdf (Meeting Minutes)

First National Bank's other public contracts

More Town of Iron River contracts

Questions about this contract

Who was awarded the loan contract by Town of Iron River?

First National Bank was awarded this loan contract by Town of Iron River, as recorded on December 23, 2024.

What type of contract is this?

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

Where was this contract approved?

This contract appears in town-of-iron-rivermeeting-minutes2024-12-23_951.pdf (Meeting Minutes), dated December 23, 2024 from Town of Iron River. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank hold?

First National 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.

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What is Town of Iron River currently buying?

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

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