FINANCIAL_SERVICESPENDING

Bank Offers $2M Revolving Credit Commitment

Port Washington State Bank issued a $2,000,000 financing commitment to Cedarburg School District for a taxable revolving line of credit. The credit is for working capital and operating expenses, with no bank fees and a term tied to a 2027 maturity window.

Document date · September 14, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$2,000,000
Contract type
FINANCIAL_SERVICES
Contract term
12 month term; no draw after June 30, 2027; maturity date no later than October 31, 2027 but no later than November 1, 2027; expires November 30, 2026 unless accepted or terminated; if not completed/extended by December 31, 2026, commitment expires
Renewal date
2026-11-30
Renewal
Commitment expires November 30, 2026 unless accepted or terminated; if loan documentation is not completed and the line of credit is not extended by December 31, 2026, the commitment expires then. Loan allows draws and repayments during the term; no draw may be made after June 30, 2027.
Document type
Contract
Source document
Cedarburg School District Contract Credit Commitment for Taxable Revolving Line of Credit 2026-11-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Cedarburg School District?

Port Washington State Bank was awarded this financial services contract by Cedarburg School District, as recorded on September 14, 2026. The contract value is $2,000,000.

How much is the Port Washington State Bank contract with Cedarburg School District worth?

The Port Washington State Bank contract with Cedarburg School District is valued at $2,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a contract record.

Where was this contract approved?

This contract appears in Cedarburg School District Contract Credit Commitment for Taxable Revolving Line of Credit 2026-11-30 (Contract), dated September 14, 2026 from Cedarburg School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Port Washington State Bank hold?

Port Washington 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.

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What is Cedarburg School District currently buying?

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