Village of Willowbrook Minutes Regular Meeting of the Mayor and Board of Trustees 2026-05-26
$15 Million Credit Line Approved for Economic Development
Trusted by teams at
Description
Willowbrook authorized a delay draw term loan with Hinsdale Bank & Trust Company, N.A., offering a $15 million line of credit for future economic development needs, available through June 2029.
Contract Details
Contract Amount
Not to exceed $15,000,000
Vendor
HINSDALE BANK & TRUST COMPANY N.A.
Agency
Willowbrook village, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Line of credit expires June 1, 2029 (3-year borrowing window)
Renewal Date
2029-06-01
Renewal Info
Line of credit agreement set to expire June 1, 2029; funds drawn only as needed; no immediate disbursement.
More from HINSDALE BANK & TRUST COMPANY N.A.
Related Contracts
Village of Willowbrook Agenda Packet 2026-06-08
APPROVEDVillage of Willowbrook Agenda Packet 2026-06-08
APPROVEDVillage of Willowbrook Agenda Packet 2026-05-26
APPROVEDVillage of Willowbrook Agenda Packet 2025-09-22
APPROVEDVillage of Willowbrook Minutes Regular Meeting 2025-09-22
APPROVEDMore from Willowbrook village
Village of Willowbrook Agenda Packet 2026-06-08
Village of Willowbrook Agenda Packet 2026-06-08
Village of Willowbrook Agenda Packet 2026-06-08
Village of Willowbrook Agenda Packet 2026-06-08
Village of Willowbrook Agenda Packet 2026-06-08
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.