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Connection Bank Extends Interest-Only Building Loan

Southeast Iowa Regional Economic And Port Authority
Document date
Dec 11, 2025
Renews
Free account

The 30-second brief

What it covers

Connection Bank continues to finance SIREPA’s 280th Street building through an interest-only loan, now extended for another 12 months in 2025–2026 at 1.85% interest. The current loan balance is about $1,001,534 with monthly interest payments of roughly $1,544.

Who holds it

Connection Bank holds this financial services contract with Southeast Iowa Regional Economic And Port Authority. Its other public contracts on record include work for City of Montrose and Des Moines County.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Southeast Iowa Regional Economic And Port Authority contract.

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Contract details

Contract type
Financial Services
Document date
December 11, 2025
Term
Interest-only 12-month loan extension 2025–2026 at 1.85%
Renews
Free account
Vendor
Connection Bank
Agency
Southeast Iowa Regional Economic And Port Authority
Source document
SIREPA Board of Directors Meeting Agenda December 2025 (Agenda)

Connection Bank's other public contracts

City of Montrose, IowaMontrose Approves Investment CDs Through Connection Bank · Sep 9, 2026UndisclosedDes Moines County, IowaConnection Bank proposed as new county depository · May 26, 2026$10MCity of Keokuk, IowaConnection Bank Approved as Keokuk Depository · Jan 5, 2026Southeast Iowa Regional Economic And Port Authority, IowaConnection Bank Mortgage Continues on Career Center · Nov 5, 2025$1MSoutheast Iowa Regional Economic And Port Authority, IowaSIREPA Renews Building Mortgage with Connection Bank · Aug 19, 2025UndisclosedAll Connection Bank contractsVendor profile

More Southeast Iowa Regional Economic And Port Authority contracts

SEIRPCBoard Considers $6,475 SEIRPC Admin Invoice · Dec 11, 2025$6.5KSEIRPCSEIRPC Seeks 2026 Admin Rate Increase · Dec 11, 2025SEIRPC2019 Strategic Plan Completed Under SEIRPC Contract · Dec 11, 2025SEIRPCSEIRPC Proposes $7,500 Strategic Plan Update · Dec 11, 2025$7.5KMid-america Port Commission2015 Plan Completed With Mid-America Port Commission · Dec 11, 2025UndisclosedAll Southeast Iowa Regional Economic And Port Authority activityAgency profile

Questions about this contract

Who was awarded the financial services contract by Southeast Iowa Regional Economic And Port Authority?

Connection Bank was awarded this financial services contract by Southeast Iowa Regional Economic And Port Authority, as recorded on December 11, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in SIREPA Board of Directors Meeting Agenda December 2025 (Agenda), dated December 11, 2025 from Southeast Iowa Regional Economic And Port Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Connection Bank hold?

Connection 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.

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What is Southeast Iowa Regional Economic And Port Authority currently buying?

Explore Southeast Iowa Regional Economic And Port Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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