Maple Grove Considers $4.25 Million Boston Scientific Loan
City of Maple GroveCity · Maple Grove, MN- Disclosed value
- $4,250,000 total loan; $3,250,000 forgivable portion and $1,000,000 repayable portion
- From agendapacket
- Document date
- Apr 20, 2026
- Renews
- Free account
The 30-second brief
Maple Grove is considering approving a $4.25 million Minnesota Investment Fund loan agreement with Boston Scientific Corporation. The financing includes a $3.25 million forgivable portion and a $1 million, seven-year repayment portion at zero percent interest.
Boston Scientific Corporation holds this financial services contract with City of Maple Grove. Its other public contracts on record include work for Cook County and Crawford County Memorial Hospital.
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Contract details
- Contract type
- Financial Services
- Amount
- $4,250,000 total loan; $3,250,000 forgivable portion and $1,000,000 repayable portion
- Document date
- April 20, 2026
- Term
- 7 years for the $1,000,000 repayable portion at 0.00% interest
- Renews
- On record
- Agency
- City of Maple Grove
- Source document
- City of Maple Grove AgendaPacket City Council regular meeting agenda April 20, 2026 (AgendaPacket)
Boston Scientific Corporation's other public contracts
More City of Maple Grove contracts
Questions about this contract
Who was awarded the financial services contract by City of Maple Grove?
Boston Scientific Corporation was awarded this financial services contract by City of Maple Grove, as recorded on April 20, 2026. The contract value is $4,250,000 total loan; $3,250,000 forgivable portion and $1,000,000 repayable portion.
How much is the Boston Scientific Corporation contract with City of Maple Grove worth?
The Boston Scientific Corporation contract with City of Maple Grove is valued at $4,250,000 total loan; $3,250,000 forgivable portion and $1,000,000 repayable portion, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in City of Maple Grove AgendaPacket City Council regular meeting agenda April 20, 2026 (AgendaPacket), dated April 20, 2026 from City of Maple Grove. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Boston Scientific Corporation hold?
Boston Scientific Corporation 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 Maple Grove currently buying?
Explore City of Maple Grove's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
