FINANCIAL_SERVICESONGOING

Truist Finances Knuckleboom Truck For Town

Smithfield is repaying a $160,000, 5-year Truist loan at 3.92% interest for a knuckleboom truck, with final maturity December 23, 2027. Annual payments are budgeted in the FY 2026-2027 debt service.

Status
ONGOING
Document date
June 2, 2026
Contract type
FINANCIAL_SERVICES
Vendor
TRUIST
Agency
Town of Smithfield · NC

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$160,000
Contract type
FINANCIAL_SERVICES
Contract term
5 years; December 23, 2022 – December 23, 2027
Renewal date
2027-12-23
Renewal
Term loan scheduled to be fully repaid by December 23, 2027; no renewal terms identified.
Document type
Budget
Source document
Town of Smithfield Adopted Budget 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Smithfield?

TRUIST was awarded this financial services contract by Town of Smithfield, as recorded on June 2, 2026. The contract value is $160,000.

How much is the TRUIST contract with Town of Smithfield worth?

The TRUIST contract with Town of Smithfield is valued at $160,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Smithfield Adopted Budget 2026-06-02 (Budget), dated June 2, 2026 from Town of Smithfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does TRUIST hold?

TRUIST may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View TRUIST's profile

What is Town of Smithfield currently buying?

Explore Town of Smithfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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