Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Town Infrastructure Loan Continues With Truist
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Description
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%.
Contract Details
Contract Amount
$1,263,000 original; $762,446 principal balance (as of 6/30/25)
Vendor
TRUIST GOVERNMENTAL BANK
Agency
Town of Lovettsville, VA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Refinanced 2020; Maturity: February 2031
Renewal Date
2031-02-01
More from Town of Lovettsville
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01
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