American Bank NA to finance $250,000 beginning farmer project
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Description
The Iowa Finance Authority approved Resolution AG 26-031B authorizing a $250,000 Agricultural Development Revenue Bond to be purchased by American Bank, N.A. to fund land, residence, and cattle facilities in Lyon County for beginning farmer Trevor A. Van Veldhuizen. The transaction will be governed by a financing agreement securing repayment from project revenues.
Contract Details
Contract Amount
$250,000
Vendor
AMERICAN BANK NA
Agency
Iowa Arts Council, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 6, 2026
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