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Loanapproved

city-of-east-grand-forks-economic-development-authority-meeting-agenda_d8e.pdf

NP Hometown Properties Loan Term Extended

$75,000City of East Grand ForksNP HOMETOWN PROPERTIESSeptember 17, 2025

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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

Description

East Grand Forks Economic Development Authority approves extension of gap loan term for NP Hometown Properties from five to ten years, assisting in their building purchase with a $75,000 loan.

Contract Details

Contract Amount

$75,000

Vendor

NP HOMETOWN PROPERTIES

Agency

City of East Grand Forks, MN

Contract Type

Loan

Document Date

September 17, 2025

Contract Term

10 years

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