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Town of Grand Forks Awards $75,000 Loan Contract to Np Hometown Properties (July 2025)

Town of Grand Forks logoTown of Grand Forks
Disclosed value
$75,000
From minutes
Approved
Jul 23, 2025
Term
5 years

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THE 30-SECOND BRIEF

What it covers

East Grand Forks EDA approves $75,000 gap loan for NP Hometown Properties to assist with the purchase of real estate, complementing an Alerus Bank loan of $127,500. The loan aims to retain two existing small businesses in the area.

Who holds it

Np Hometown Properties holds this loan contract with Town of Grand Forks. Its other public contracts on record include work for City of East Grand Forks.

What happens next

Term as filed: 5 years.

Contract details

Contract type
Loan
Amount
$75,000
Document date
July 23, 2025
Term
5 years
Vendor
Np Hometown Properties
Agency
Town of Grand Forks
Source document
east-grand-forks-eda-meeting-minutes-july-23-2025_f97.pdf (Minutes)

Np Hometown Properties's other public contracts

City of East Grand Forks, MinnesotaNP Hometown Properties Loan Term Extended · Sep 17, 2025$75KCity of East Grand Forks, MinnesotaNP Hometown Properties seeks gap loan extension · Sep 3, 2025UndisclosedTown of Grand Forks, MinnesotaLoan term extension for Hometown Properties · Sep 3, 2025UndisclosedTown of Grand Forks, MinnesotaEast Grand Forks EDA Reviews $75k Loan Application · Jul 23, 2025$75KAll Np Hometown Properties contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Town of Grand Forks?

Np Hometown Properties was awarded this loan contract by Town of Grand Forks, as recorded on July 23, 2025. The contract value is $75,000.

How much is the Np Hometown Properties contract with Town of Grand Forks worth?

The Np Hometown Properties contract with Town of Grand Forks is valued at $75,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a minutes record.

Where was this contract approved?

This contract appears in east-grand-forks-eda-meeting-minutes-july-23-2025_f97.pdf (Minutes), dated July 23, 2025 from Town of Grand Forks. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Np Hometown Properties hold?

Np Hometown Properties may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Grand Forks currently buying?

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

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