Tazewell Cinemas secures $399k loan for expansion
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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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town-of-tazewell-meeting-minutes-2025-01-07_0d1.pdf
town-of-tazewell-meeting-minutes-2024-12-10_665.pdf
town-of-tazewell-meeting-minutes-2024-12-10_665.pdf
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