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City of Arcola Awards $100,000 Financial Services Contract to Shonkwiler Family Dental (November 2019)

City of Arcola
Disclosed value
$100,000
From minutes
Approved
Nov 18, 2019
Term
10 year term at 2% interest
Renews
Free account

The 30-second brief

What it covers

The Arcola City Council approved a $100,000 revolving fund loan to Shonkwiler Family Dental to purchase equipment for its dental facility, with a 10-year term at 2% interest and a lien on the equipment. The loan includes a personal guarantee from Dr. Ryan Shonkwiler and a 4% default interest rate.

Who holds it

Shonkwiler Family Dental holds this financial services contract with City of Arcola.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Arcola contract.

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Contract details

Contract type
Financial Services
Amount
$100,000
Document date
November 18, 2019
Term
10 year term at 2% interest
Renews
Free account
Vendor
Shonkwiler Family Dental
Agency
City of Arcola
Source document
arcola_city_council_meeting_minutes_november_18_20.pdf (Minutes)

Shonkwiler Family Dental's other public contracts

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Questions about this contract

Who was awarded the financial services contract by City of Arcola?

Shonkwiler Family Dental was awarded this financial services contract by City of Arcola, as recorded on November 18, 2019. The contract value is $100,000.

How much is the Shonkwiler Family Dental contract with City of Arcola worth?

The Shonkwiler Family Dental contract with City of Arcola is valued at $100,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in arcola_city_council_meeting_minutes_november_18_20.pdf (Minutes), dated November 18, 2019 from City of Arcola. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Shonkwiler Family Dental hold?

Shonkwiler Family Dental 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 Arcola currently buying?

Explore City of Arcola's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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