Nebraska Investment Finance Authority Board of Directors Meeting Agenda May 2026
South Central State Bank Ag Loan Terms Amended
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Description
NIFA approved a loan modification for the agricultural bond held by South Central State Bank in Blue Hill for borrower Jaydn Grabill, resetting the interest rate to 5.85% on an outstanding balance of $423,142.36. The financing continues to support farmland purchased in Adams County.
Contract Details
Vendor
SOUTH CENTRAL STATE BANK – BLUE HILL, NEBRASKA
Agency
Nebraska Investment Finance Authority, NE
Contract Type
FINANCIAL_SERVICES
Document Date
May 3, 2026
Renewal Info
This action modifies the interest rate but does not state changes to maturity or renewal options.
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Related Contracts
Issuing Agency
Nebraska Investment Finance Authority
State Housing Authority
Lincoln, NE
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