CONTRACTAPPROVED

Town of Trappe Awards $100,000 Line Of Credit Contract to Shore United Bank N.A. (December 2023)

Town of Trappe logoTown of Trappe
Disclosed value
$100,000.00
From minutes
Approved
Dec 6, 2023

The 30-second brief

What it covers

Town of Trappe authorizes renewal of $100,000 line of credit with Shore United Bank, N.A. to cover town expenses, with an increased interest rate of 6%.

Who holds it

Shore United Bank N.A. holds this line of credit contract with Town of Trappe.

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Contract details

Contract type
Line Of Credit
Amount
$100,000.00
Document date
December 6, 2023
Term
NA
Source document
town-of-trappe-council-meeting-minutes-december-6-2023_cb2.pdf (Minutes)

Shore United Bank N.A.'s other public contracts

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Questions about this contract

Who was awarded the line of credit contract by Town of Trappe?

Shore United Bank N.A. was awarded this line of credit contract by Town of Trappe, as recorded on December 6, 2023. The contract value is $100,000.00.

How much is the Shore United Bank N.A. contract with Town of Trappe worth?

The Shore United Bank N.A. contract with Town of Trappe is valued at $100,000.00, covering line of credit work.

What type of contract is this?

This is a Line Of Credit contract, documented as a minutes record.

Where was this contract approved?

This contract appears in town-of-trappe-council-meeting-minutes-december-6-2023_cb2.pdf (Minutes), dated December 6, 2023 from Town of Trappe. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Shore United Bank N.A. hold?

Shore United Bank N.A. 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 Trappe currently buying?

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

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