FINANCIAL_SERVICESONGOING

Low-Interest EDA Loan Supports KAATS PITC

The Pine Island EDA manages an $86,000 low-interest (1%) revolving loan to KAATS PITC, currently showing a $65,085.53 balance as of July 2026. The 10-year loan supports local business development through March 2033.

Status
ONGOING
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Kaats Pitc
Agency
Town of Pine Island · MN

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$86,000
Contract type
FINANCIAL_SERVICES
Contract term
10 years, 2/24/23 – 3/1/33
Renewal date
2033-03-01
Renewal
Ten-year revolving loan scheduled to mature March 1, 2033; no renewal terms stated.
Document type
AgendaPacket
Source document
Pine Island Economic Development Authority AgendaPacket Regular Meeting 2026-08-03

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Pine Island?

Kaats Pitc was awarded this financial services contract by Town of Pine Island, as recorded on August 3, 2026. The contract value is $86,000.

How much is the Kaats Pitc contract with Town of Pine Island worth?

The Kaats Pitc contract with Town of Pine Island is valued at $86,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Pine Island Economic Development Authority AgendaPacket Regular Meeting 2026-08-03 (AgendaPacket), dated August 3, 2026 from Town of Pine Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kaats Pitc hold?

Kaats Pitc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Kaats Pitc's profile

What is Town of Pine Island currently buying?

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

View Town of Pine Island's profile

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