CONTRACTAPPROVED

North Runnels Hospital Awards $671,325 Loan Payment Contract to First State Bank (July 2025)

North Runnels Hospital logoNorth Runnels Hospital
Disclosed value
$671,324.71
From minutes
Approved
Jul 21, 2025

The 30-second brief

What it covers

North Runnels Hospital District approves $671,324.71 payment to First State Bank of Abernathy, representing approximately half of the $1.3 million loan balance. This action establishes a dedicated account for monthly interest payments and is a critical condition for the bank to dismiss its legal case seeking to reverse the hospital's bankruptcy status.

Who holds it

First State Bank holds this loan payment contract with North Runnels Hospital. Its other public contracts on record include work for Graham County and Macomb County.

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Contract details

Contract type
Loan Payment
Amount
$671,324.71
Document date
July 21, 2025
Term
NA
Source document
north_runnels_hospital_board_minutes_7212025.pdf (Minutes)

First State Bank's other public contracts

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Questions about this contract

Who was awarded the loan payment contract by North Runnels Hospital?

First State Bank was awarded this loan payment contract by North Runnels Hospital, as recorded on July 21, 2025. The contract value is $671,324.71.

How much is the First State Bank contract with North Runnels Hospital worth?

The First State Bank contract with North Runnels Hospital is valued at $671,324.71, covering loan payment work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in north_runnels_hospital_board_minutes_7212025.pdf (Minutes), dated July 21, 2025 from North Runnels Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First State Bank hold?

First 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.

What is North Runnels Hospital currently buying?

Explore North Runnels Hospital's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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