Jackson County Board of Supervisors Meeting Minutes April 21 2026
RLF Loan Assists Preston Family Chiropractic Facility Purchase
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Description
The Board approved a $120,000 Revolving Loan Fund loan benefiting Preston Family Chiropractic LLC, in partnership with Hinerichsen Property Group LLC, at 6% interest with a 20-year amortization and five-year balloon to acquire real estate. The loan supports a local healthcare business’s facility needs.
Contract Details
Contract Amount
$120,000.00
Vendor
PRESTON FAMILY CHIROPRACTIC LLC
Agency
Jackson County, IA
Contract Type
FINANCIAL_SERVICES
Document Date
April 21, 2026
Contract Term
Amortized over 20 years with a 5-year balloon at 6% interest
Renewal Date
2031-04-21
Renewal Info
Loan amortized over 20 years with a balloon payment due after 5 years; future renewal or refinancing at balloon date is not detailed in the minutes.
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