CONTRACTAPPROVED

Anoka County Awards $1,000,000 Loan Repayment Contract to Graco Minnesota (June 2025)

Anoka County logoAnoka County
Disclosed value
$1,000,000
From agenda
Approved
Jun 10, 2025

The 30-second brief

What it covers

Anoka County Housing and Redevelopment Authority (ACHRA) approved the mutual termination agreement with Graco Minnesota, Inc. Graco will repay the $1,000,000 loan, effectively terminating the ACHRA Grant Agreement for Economic Development Project. Graco initially received the loan in March 2023 to support business expansion contingent upon a $42.75 million infrastructure investment and creation of 55 new jobs by December 31, 2028.

Who holds it

Graco Minnesota holds this loan repayment contract with Anoka County.

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Contract details

Contract type
Loan Repayment
Amount
$1,000,000
Document date
June 10, 2025
Term
NA
Source document
anoka-county-agenda-2025-06-10_d39.pdf (Agenda)

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Questions about this contract

Who was awarded the loan repayment contract by Anoka County?

Graco Minnesota was awarded this loan repayment contract by Anoka County, as recorded on June 10, 2025. The contract value is $1,000,000.

How much is the Graco Minnesota contract with Anoka County worth?

The Graco Minnesota contract with Anoka County is valued at $1,000,000, covering loan repayment work.

What type of contract is this?

This is a Loan Repayment contract, documented as a agenda record.

Where was this contract approved?

This contract appears in anoka-county-agenda-2025-06-10_d39.pdf (Agenda), dated June 10, 2025 from Anoka County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Graco Minnesota hold?

Graco Minnesota 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 Anoka County currently buying?

Explore Anoka County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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