city-of-faribault-commercial-rehabilitation-loan-agreement_437.pdf
Faribo Downtown Central LLC Receives $500,000 Loan
Trusted by teams at
Description
Faribo Downtown Central LLC secures a $500,000 loan from the City of Faribault for downtown commercial rehabilitation, with a 5-year repayment term and a 7% interest rate. The loan aims to assist in the rehabilitation of downtown commercial buildings.
Contract Details
Contract Amount
$500,000
Vendor
FARIBO DOWNTOWN CENTRAL
Agency
City of Faribault, MN
Contract Type
Loan
Document Date
March 29, 2024
Contract Term
5 years
Renewal Date
NA
Renewal Info
NA
More from FARIBO DOWNTOWN CENTRAL
Related Contracts
City of Faribault Heritage Preservation Commission Agenda Packet May 2026
APPROVEDcity-of-faribault-city-council-work-session-agenda-september-2-2025_656.pdf
ongoingcity-of-faribault-city-council-work-session-agenda-august-18-2025_686.pdf
pendingcity-of-faribault-council-meeting-agenda-june-10-2025_2b7.pdf
pendingcity-of-faribault-resolution-2024-14-regarding-property-at-311-central-avenue_e85.pdf
approvedMore from City of Faribault
City of Faribault Heritage Preservation Commission Agenda Packet May 2026
City of Faribault Heritage Preservation Commission Agenda Packet May 2026
City of Faribault Charitable Gambling Advisory Board Agenda Packet May 2026
City of Faribault Charitable Gambling Advisory Board Agenda Packet May 2026
City of Faribault Charitable Gambling Advisory Board Agenda Packet May 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.