Large 2025 IBank loan payment scheduled
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Description
The agenda schedules a $121,342.52 wire transfer to IBank for the 2025 loan, due February 1, 2026. This reflects major debt service on recently issued financing.
Contract Details
Contract Amount
$121,342.52
Vendor
IBANK
Agency
Merchantville Pennsauken Water Commission, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
January 8, 2026
Renewal Info
Repayments under the 2025 IBank loan appear to be in early stages; this agenda item notes a February 1, 2026 installment.
More from IBANK
Issuing Agency
Special District
Pennsauken, NJ
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Merchantville-Pennsauken Water Commission Meeting Agenda January 2026
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