FINANCIAL_SERVICESONGOING

Second Wellington State Bank Loan: $113K Outstanding

Paint Creek ISD maintains a debt obligation with Wellington State Bank, leaving $113,726 principal outstanding and a total of $418,398 in principal and interest due by February 5, 2027. The loan is not ad valorem tax backed.

Status
ONGOING
Document date
August 31, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Wellington State Bank
Agency
Paint Creek ISD · TX

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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

Scope & details

The full contract record, as filed.

Contract amount
$511,261 principal issued; $113,726 principal outstanding; $418,398 total principal and interest
Contract type
FINANCIAL_SERVICES
Contract term
Until 2/5/2027
Renewal date
2027-02-05
Renewal
Fixed debt with final maturity on 2/5/2027; not a revolving line.
Document type
Report
Source document
Paint Creek ISD Annual Local Debt Report 2025

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Paint Creek ISD?

Wellington State Bank was awarded this financial services contract by Paint Creek ISD, as recorded on August 31, 2025. The contract value is $511,261 principal issued; $113,726 principal outstanding; $418,398 total principal and interest.

How much is the Wellington State Bank contract with Paint Creek ISD worth?

The Wellington State Bank contract with Paint Creek ISD is valued at $511,261 principal issued; $113,726 principal outstanding; $418,398 total principal and interest, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Paint Creek ISD Annual Local Debt Report 2025 (Report), dated August 31, 2025 from Paint Creek ISD. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wellington State Bank hold?

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

View Wellington State Bank's profile

What is Paint Creek ISD currently buying?

Explore Paint Creek ISD's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Paint Creek ISD's profile

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