La Fermiere Inc gets $500,000 deferred loan
- Disclosed value
- $500,000
- From agenda
- Document date
- Nov 1, 2022
- Term
- 5 year
The 30-second brief
GGLDC approved a deferred loan agreement with La Fermiere Inc for $500,000 to acquire 20 acres at the Ag Park. The loan has a five-year term and will be forgiven ratably at $100,000 per year if certain employment benchmarks are met.
La Fermiere holds this loan contract with Genesee County.
Term as filed: 5 year.
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Contract details
- Contract type
- Loan
- Amount
- $500,000
- Document date
- November 1, 2022
- Term
- 5 year
- Vendor
- La Fermiere
- Agency
- Genesee County
- Source document
- genesee-county-agenda-2022-11-01_6e5.pdf (Agenda)
La Fermiere's other public contracts
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Questions about this contract
Who was awarded the loan contract by Genesee County?
La Fermiere was awarded this loan contract by Genesee County, as recorded on November 1, 2022. The contract value is $500,000.
How much is the La Fermiere contract with Genesee County worth?
The La Fermiere contract with Genesee County is valued at $500,000, covering loan work.
What type of contract is this?
This is a Loan contract, documented as a agenda record.
Where was this contract approved?
This contract appears in genesee-county-agenda-2022-11-01_6e5.pdf (Agenda), dated November 1, 2022 from Genesee County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does La Fermiere hold?
La Fermiere 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 Genesee County currently buying?
Explore Genesee County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.