FINANCIAL_SERVICESONGOING

Town Infrastructure Loan Continues With Truist

Truist Governmental Bank provides a refinanced loan for town-wide infrastructure and facilities, with $762,446 principal outstanding, maturing in February 2031. The interest rate is 1.57%.

Status
ONGOING
Document date
June 16, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Truist Governmental Bank
Agency
Town of Lovettsville · VA

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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
$1,263,000 original; $762,446 principal balance (as of 6/30/25)
Contract type
FINANCIAL_SERVICES
Contract term
Refinanced 2020; Maturity: February 2031
Renewal date
2031-02-01
Document type
Budget
Source document
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01

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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 Lovettsville?

Truist Governmental Bank was awarded this financial services contract by Town of Lovettsville, as recorded on June 16, 2026. The contract value is $1,263,000 original; $762,446 principal balance (as of 6/30/25).

How much is the Truist Governmental Bank contract with Town of Lovettsville worth?

The Truist Governmental Bank contract with Town of Lovettsville is valued at $1,263,000 original; $762,446 principal balance (as of 6/30/25), 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 Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01 (Budget), dated June 16, 2026 from Town of Lovettsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Truist Governmental Bank hold?

Truist Governmental 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.

View Truist Governmental Bank's profile

What is Town of Lovettsville currently buying?

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

View Town of Lovettsville's profile

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