FINANCIAL_SERVICESONGOING

Citizens National Bank Senior Loan For Coventry Place

Citizens National Bank is the senior lender providing a permanent mortgage loan of about $739,820 to Coventry Place Limited Partnership for the Coventry Place Apartments. The City’s subordination agreement confirms the bank’s first-lien position over the municipal HOME loan.

Document date · May 10, 2022

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$739,820 (original anticipated principal amount of Mortgage Loan)
Contract type
FINANCIAL_SERVICES
Contract term
Permanent mortgage loan secured by a first mortgage lien on Coventry Place Apartments property
Renewal
The mortgage loan may be renewed or extended per its note and loan documents; the subordination agreement recognizes that renewals or extensions remain senior to the City’s subordinate mortgage.
Document type
Agenda
Source document
City of Shreveport City Council Meeting Agenda May 2022

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Shreveport city?

Citizens National Bank was awarded this financial services contract by City of Shreveport city, as recorded on May 10, 2022. The contract value is $739,820 (original anticipated principal amount of Mortgage Loan).

How much is the Citizens National Bank contract with City of Shreveport city worth?

The Citizens National Bank contract with City of Shreveport city is valued at $739,820 (original anticipated principal amount of Mortgage Loan), 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 Shreveport City Council Meeting Agenda May 2022 (Agenda), dated May 10, 2022 from City of Shreveport city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Citizens National Bank hold?

Citizens 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.

View Citizens National Bank's profile

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