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City of Hibbing Awards $250,000 Business Subsidy Loan Contract to John Carpenter Properties (June 2025)

City of Hibbing
Disclosed value
$250,000
From agenda
Approved
Jun 9, 2025
Term
10 years

The 30-second brief

What it covers

Hibbing EDA considers business subsidy for John Carpenter Properties LLC, loan at 3% for 10 years. The loan amount was $250,000.00

Who holds it

John Carpenter Properties holds this business subsidy loan contract with City of Hibbing. Its other public contracts on record include work for Hibbing Community College and THE HRA OF HIBBING, MINNESOTA.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Business Subsidy Loan
Amount
$250,000
Document date
June 9, 2025
Term
10 years
Vendor
John Carpenter Properties
Agency
City of Hibbing
Source document
city-of-hibbing-economic-development-authority-meeting-agenda-june-9-2025_9df.pdf (Agenda)

John Carpenter Properties's other public contracts

Hibbing Community College, MinnesotaJohn Carpenter Properties LLC Loan Request Update · Jul 14, 2025UndisclosedTHE HRA OF HIBBING, MINNESOTA, MinnesotaSubsidy for John Carpenter Properties LLC · Jun 25, 2025UndisclosedCity of Hibbing, MinnesotaJohn Carpenter Properties LLC Business Subsidy Application · Jun 25, 2025UndisclosedHibbing Community College, MinnesotaJohn Carpenter Properties LLC to get business subsidy · Jun 25, 2025UndisclosedTown of Wirt, MinnesotaBusiness subsidy consideration for Carpenter Properties · Jun 25, 2025UndisclosedAll John Carpenter Properties contractsVendor profile

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HIBBINGNew Public Safety Facility Construction in Hibbing · Jan 1, 2027UndisclosedAscendance Truck CenterHibbing Approves Ascendance Plow Truck Purchase · Oct 7, 2026$156KCrysteel Truck EquipmentCouncil Approves Crysteel Protech Sno Pusher Purchase · Oct 7, 2026$12.6KL&t Tree Services LLCHibbing Considers L&T Tree Services Contract · Oct 7, 2026UndisclosedL&l RentalCouncil Approves L&L Rental Snow Blade Purchase · Oct 7, 2026$11.1KAll City of Hibbing activityAgency profile

Questions about this contract

Who was awarded the business subsidy loan contract by City of Hibbing?

John Carpenter Properties was awarded this business subsidy loan contract by City of Hibbing, as recorded on June 9, 2025. The contract value is $250,000.

How much is the John Carpenter Properties contract with City of Hibbing worth?

The John Carpenter Properties contract with City of Hibbing is valued at $250,000, covering business subsidy loan work.

What type of contract is this?

This is a Business Subsidy Loan contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-hibbing-economic-development-authority-meeting-agenda-june-9-2025_9df.pdf (Agenda), dated June 9, 2025 from City of Hibbing. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does John Carpenter Properties hold?

John Carpenter Properties 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 Hibbing currently buying?

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

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