Financing public works equipment with loan agreement
Town of PendletonCity · Pendleton, SC- Disclosed value
- $1,000,000
- From agenda
- Document date
- Aug 5, 2025
- Term
- 4 years
The 30-second brief
Town of Pendleton is considering a $1,000,000 master lease agreement with The Peoples Bank to finance equipment for municipal purposes at an interest rate of 4.875% for a 4 year term. The board will present to council for approval on August 5th 2025
Peoples Bank holds this loan contract with Town of Pendleton. Its other public contracts on record include work for Frenship Independent School District and City of Hawarden.
Term as filed: 4 years.
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Contract details
- Contract type
- Loan
- Amount
- $1,000,000
- Document date
- August 5, 2025
- Term
- 4 years
- Vendor
- Peoples Bank
- Agency
- Town of Pendleton
- Source document
- town-of-pendleton-town-council-meeting-agenda-august-5-2025_265.pdf (Agenda)
Peoples Bank's other public contracts
More Town of Pendleton contracts
Questions about this contract
Who was awarded the loan contract by Town of Pendleton?
Peoples Bank was awarded this loan contract by Town of Pendleton, as recorded on August 5, 2025. The contract value is $1,000,000.
How much is the Peoples Bank contract with Town of Pendleton worth?
The Peoples Bank contract with Town of Pendleton is valued at $1,000,000, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town-of-pendleton-town-council-meeting-agenda-august-5-2025_265.pdf (Agenda), dated August 5, 2025 from Town of Pendleton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Peoples Bank hold?
Peoples 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 Town of Pendleton currently buying?
Explore Town of Pendleton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.