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City Shifts MEP Equipment Loan From Local Bank

City of Danville
Disclosed value
$984,000
From minutes
Document date
Sep 5, 2023

The 30-second brief

What it covers

Danville previously partnered with American National Bank on an equipment loan facility for MEP that was never drawn. At the bank’s request, the city is transferring the financing arrangement to the Virginia Small Business Financing Authority.

Who holds it

American National Bank holds this financial services contract with City of Danville. Its other public contracts on record include work for City of West Tawakoni and Nebraska City Public Schools.

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Contract details

Contract type
Financial Services
Amount
$984,000
Document date
September 5, 2023
Vendor
American National Bank
Agency
City of Danville
Source document
Danville City Council Minutes 2023-09-05 (Minutes)

American National Bank's other public contracts

City of West Tawakoni, TexasBank Account Signer Change Planned at American National Bank · Oct 14, 2026UndisclosedNebraska City Public Schools, NebraskaSchool District Makes Loan Payment to American National Bank · Oct 12, 2026$3KJohnson County, NebraskaRoad Fund Tax Claim Approved Through American National Bank · Oct 6, 2026$1.9KJohnson County, NebraskaTax Payment Claim Approved Through American National Bank · Oct 6, 2026$5KCity of Falls, NebraskaClaims Approved for American National Bank HSA Payments · Oct 5, 2026All American National Bank contractsVendor profile

More City of Danville contracts

Boomershine Consulting GroupBoomershine to Assess Retirement COLA Impacts · Oct 20, 2026UndisclosedCrane SurveyCrane Survey Conducted Preliminary Property Survey · Oct 13, 2026UndisclosedVirginia Resources AuthorityVirginia Resources Authority Assists Berry Hill Pipeline Financing · Oct 4, 2026Wiseman, Paige C.Danville Recommends Wiseman Berry Hill Easement · Oct 4, 2026Appalachian PowerDanville Authorizes Appalachian Power Megasite Service · Oct 4, 2026UndisclosedAll City of Danville activityAgency profile

Questions about this contract

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

American National Bank was awarded this financial services contract by City of Danville, as recorded on September 5, 2023. The contract value is $984,000.

How much is the American National Bank contract with City of Danville worth?

The American National Bank contract with City of Danville is valued at $984,000, 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 Danville City Council Minutes 2023-09-05 (Minutes), dated September 5, 2023 from City of Danville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does American National Bank hold?

American National 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 City of Danville currently buying?

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

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