FINANCIAL_SERVICESRECOMMENDED

CCBC Recommends $2.5 Million FNB Interest-Only Loan

The Executive Committee recommended a $2.5 million, three-year interest-only loan through First National Bank. The facility would reserve matching funds for future PDE and RACP grants and would be subject to full Board approval on September 15, 2026.

Document date · September 8, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
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Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
$2.5 million
Contract type
FINANCIAL_SERVICES
Contract term
Three years, interest-only
Renewal
At the end of the three-year interest-only period, CCBC may convert the remaining balance to a traditional amortizing loan or refinance it.
Document type
Minutes
Source document
Community College of Beaver County Minutes Executive Committee Meeting 2026-09-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Community College Of Beaver County?

First National Bank (fnb) was awarded this financial services contract by Community College Of Beaver County, as recorded on September 8, 2026. The contract value is $2.5 million.

How much is the First National Bank (fnb) contract with Community College Of Beaver County worth?

The First National Bank (fnb) contract with Community College Of Beaver County is valued at $2.5 million, 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 Community College of Beaver County Minutes Executive Committee Meeting 2026-09-08 (Minutes), dated September 8, 2026 from Community College Of Beaver County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does First National Bank (fnb) hold?

First National Bank (fnb) 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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