Decision pending on a $200k loan
City of Salt LakeCity · Salt Lake City, UT- Disclosed value
- $200,000
- From agenda
- Document date
- Jun 3, 2025
- Term
- 7 years
The 30-second brief
City council will be taking a decision on approval of $200,000 loan from City's Economic Development Loan Fund (EDLF) to a business called Hruskas, LLC for an existing takeout restaurant offering baked goods. The interest rate is 11% and it will help create two new jobs
HRUSKAS holds this loan contract with City of Salt Lake.
Term as filed: 7 years.
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Contract details
- Contract type
- Loan
- Amount
- $200,000
- Document date
- June 3, 2025
- Term
- 7 years
- Vendor
- HRUSKAS
- Agency
- City of Salt Lake
- Source document
- city-of-salt-lake-agenda-2025-06-03_22f.pdf (Agenda)
HRUSKAS's other public contracts
More City of Salt Lake contracts
Questions about this contract
Who was awarded the loan contract by City of Salt Lake?
HRUSKAS was awarded this loan contract by City of Salt Lake, as recorded on June 3, 2025. The contract value is $200,000.
How much is the HRUSKAS contract with City of Salt Lake worth?
The HRUSKAS contract with City of Salt Lake is valued at $200,000, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-salt-lake-agenda-2025-06-03_22f.pdf (Agenda), dated June 3, 2025 from City of Salt Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does HRUSKAS hold?
HRUSKAS 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 City of Salt Lake currently buying?
Explore City of Salt Lake's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.