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Bank of Zumbrota finances TBWWB microloan

City of Grand Tower
Disclosed value
$253,000 original TBWWB microloan
From agenda
Document date
Feb 8, 2021

The 30-second brief

What it covers

Bank of Zumbrota provides a $253,000 microloan to support Tower‑Breitung Wastewater Board water utility improvements, with the City of Tower obligated on the debt. The loan serves as interim financing pending longer‑term funding.

Who holds it

Bank of Zumbrota holds this financial services contract with City of Grand Tower. Its other public contracts on record include work for City of Zumbrota and City of Wabasha.

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Contract details

Contract type
Financial Services
Amount
$253,000 original TBWWB microloan
Document date
February 8, 2021
Vendor
Bank of Zumbrota
Agency
City of Grand Tower
Source document
city-of-grand-tower-agenda-2021-02-08_ed1.pdf (Agenda)

Bank of Zumbrota's other public contracts

City of Zumbrota, MinnesotaSafe Deposit Box Rental Approved with Bank of Zumbrota · Feb 5, 2026$124City of Wabasha, MinnesotaDebt Service Payment Approved to Bank of Zumbrota · Jun 30, 2025$621Chatfield village, OhioBANK OF ZUMBROTA debt service payments approved · Jan 6, 2025$47KCity of Chatfield city, MinnesotaBANK OF ZUMBROTA 2016B GO WATER LOAN debt service payment · Jan 1, 2025$47KChatfield village, OhioBond Interest Paid to Bank of Zumbrota · Jul 2, 2024$2KAll Bank of Zumbrota contractsVendor profile

More City of Grand Tower contracts

Assured PartnersAssuredPartners provides Risk Management services to Jackson County · Jan 1, 2026UndisclosedEvaluation & Development Center SiuSIU EDC Requests Small Funding Increase for FY2026 · Jan 1, 2026$41.1KSUPPORTAnnual Support Services Funding Maintained for FY2026 · Jan 1, 2026$5KCENTERSTONECenterstone Seeks Continued Funding for FY2026 · Jan 1, 2026$215KTake Action TodayTake Action Today Requests First-Time Funding for FY2026 · Jan 1, 2026$70KAll City of Grand Tower activityAgency profile

Questions about this contract

Who was awarded the financial services contract by City of Grand Tower?

Bank of Zumbrota was awarded this financial services contract by City of Grand Tower, as recorded on February 8, 2021. The contract value is $253,000 original TBWWB microloan.

How much is the Bank of Zumbrota contract with City of Grand Tower worth?

The Bank of Zumbrota contract with City of Grand Tower is valued at $253,000 original TBWWB microloan, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-grand-tower-agenda-2021-02-08_ed1.pdf (Agenda), dated February 8, 2021 from City of Grand Tower. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Bank of Zumbrota hold?

Bank of Zumbrota 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 Grand Tower currently buying?

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

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