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City of Calumet Awards $1,200,000 Loan Extension Contract to Mb Financial Bank (January 2019)

City of Calumet
Disclosed value
$1,200,000
From meeting minutes
Approved
Jan 10, 2019
Term
6/30/2019

The 30-second brief

What it covers

The City of Calumet City obtains an extension of a $1,200,000 revolving loan made by MB Financial Bank, N.A. The extension spans from February 22, 2019, to June 30, 2019, with the funds used for working capital.

Who holds it

Mb Financial Bank holds this loan extension contract with City of Calumet. Its other public contracts on record include work for Lincolnwood SD 74 and Woodridge SD 68.

What happens next

Term as filed: 6/30/2019.

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Contract details

Contract type
Loan Extension
Amount
$1,200,000
Document date
January 10, 2019
Term
6/30/2019
Vendor
Mb Financial Bank
Agency
City of Calumet
Source document
city-of-calumet-meeting-minutes-2019-01-10_ae8.pdf (Meeting Minutes)

Mb Financial Bank's other public contracts

Lincolnwood SD 74, IllinoisMB FINANCIAL BANK awarded $135,741 financial services contract · Jan 1, 2025$135.7KWoodridge SD 68, IllinoisMB Financial Bank added to depository list · May 22, 2023UndisclosedTwp HSD 113, IllinoisMB Financial Bank approved as depository · May 24, 2022UndisclosedWoodridge SD 68, IllinoisMB Financial Bank Designated School Depository · May 23, 2022UndisclosedWoodridge SD 68, IllinoisMB Financial Bank Approved as Depository · May 23, 2022UndisclosedAll Mb Financial Bank contractsVendor profile

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Questions about this contract

Who was awarded the loan extension contract by City of Calumet?

Mb Financial Bank was awarded this loan extension contract by City of Calumet, as recorded on January 10, 2019. The contract value is $1,200,000.

How much is the Mb Financial Bank contract with City of Calumet worth?

The Mb Financial Bank contract with City of Calumet is valued at $1,200,000, covering loan extension work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-calumet-meeting-minutes-2019-01-10_ae8.pdf (Meeting Minutes), dated January 10, 2019 from City of Calumet. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Mb Financial Bank hold?

Mb Financial 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.

What is City of Calumet currently buying?

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

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