Algona City Council Minutes 2026-06-01
Small Business RLF Loan Approved for The Meat Wagon
Trusted by teams at
Description
The Algona City Council approved a $20,000 Small Business RLF Loan at 2.50% interest for five years to Luke Arrowood d/b/a The Meat Wagon on State. The RLF Committee recommended the loan, and the resolution passed unanimously.
Contract Details
Contract Amount
$20,000 loan at 2.50% interest
Vendor
ARROWOOD, LUKE DBA THE MEAT WAGON ON STATE
Agency
City of Algona, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 1, 2026
Contract Term
5 years
Renewal Date
2031-06-01
Renewal Info
Standard RLF loan terms; no renewal or extension mentioned.
More from City of Algona
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.