CONTRACTAPPROVED

City of Sutton Awards $42,000 Financial Services Contract to PATCHMASTER (February 2021)

City of Sutton
Disclosed value
$42,000
From minutes
Approved
Feb 8, 2021
Term
10 years at 2% interest

The 30-second brief

What it covers

Sutton City Council approved the Patchmaster LB840 application for a $42,000 loan over 10 years at 2% interest, with forgiveness of interest paid up to payoff. The financing supports local business development under the LB840 program.

Who holds it

PATCHMASTER holds this financial services contract with City of Sutton. Its other public contracts on record include work for City of Geneva and Town of Macomb.

What happens next

Term as filed: 10 years at 2% interest.

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Contract details

Contract type
Financial Services
Amount
$42,000
Document date
February 8, 2021
Term
10 years at 2% interest
Source document
city-of-sutton-city-council-meeting-minutes-february-8-2021_05b.md (Minutes)

PATCHMASTER's other public contracts

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Questions about this contract

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

PATCHMASTER was awarded this financial services contract by City of Sutton, as recorded on February 8, 2021. The contract value is $42,000.

How much is the PATCHMASTER contract with City of Sutton worth?

The PATCHMASTER contract with City of Sutton is valued at $42,000, 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 city-of-sutton-city-council-meeting-minutes-february-8-2021_05b.md (Minutes), dated February 8, 2021 from City of Sutton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does PATCHMASTER hold?

PATCHMASTER 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 Sutton currently buying?

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

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