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City of Loudon Awards Financial Services Contract to Peoples Bank of East Tennessee (June 2022)

City of Loudon logoCity of Loudon
Approved
Jun 25, 2022
Term
12 years
Renews
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The 30-second brief

What it covers

The City of Loudon approved awarding the Capital Outlay Note bid to Peoples Bank of East Tennessee, selecting a 12‑year paving bond at a 2.765% interest rate. This financing will support upcoming street paving and related capital improvements.

Who holds it

Peoples Bank of East Tennessee holds this financial services contract with City of Loudon. Its other public contracts on record include work for City of Copperhill.

What happens next

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Contract details

Contract type
Financial Services
Document date
June 25, 2022
Term
12 years
Renews
On record
Vendor
Peoples Bank of East Tennessee
Agency
City of Loudon
Source document
city-of-loudon-agenda-2022-06-25_37e.pdf (Agenda)

Peoples Bank of East Tennessee's other public contracts

City of Copperhill, TennesseeCity Opens Miners Statue Account at Peoples Bank · May 18, 2026UndisclosedCity of Loudon, TennesseeCapital Outlay Note Awarded To Peoples Bank · Jul 25, 2022$1.5MAll Peoples Bank of East Tennessee contractsVendor profile

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Questions about this contract

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

Peoples Bank of East Tennessee was awarded this financial services contract by City of Loudon, as recorded on June 25, 2022.

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-loudon-agenda-2022-06-25_37e.pdf (Agenda), dated June 25, 2022 from City of Loudon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Peoples Bank of East Tennessee hold?

Peoples Bank of East Tennessee 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 City of Loudon currently buying?

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

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