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town-of-tazewell-meeting-minutes-2024-12-10_665.pdf

Tazewell Cinemas secures $399k loan for expansion

$399,000Town of TazewellTAZEWELL CINEMAS & ENTERTAINMENTDecember 10, 2024

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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

Tazewell Cinemas & Entertainment, LLC secured an agreement with the Town of Tazewell, featuring a 20-year term loan of up to $399,000 with a 1.5% interest rate, structured with two-year interest-only payments.

Contract Details

Contract Amount

$399,000

Vendor

TAZEWELL CINEMAS & ENTERTAINMENT

Agency

Town of Tazewell, VA

Contract Type

Loan

Document Date

December 10, 2024

Contract Term

20-year

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