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City of Gothenburg Awards $290,000 Loan Contract to Glg Concepts (May 2023)

City of Gothenburg logoCity of Gothenburg
Disclosed value
$290,000
From meeting minutes
Approved
May 16, 2023

The 30-second brief

What it covers

GLG Concepts LLC secures $290,000 in loans for business development. The financing includes two loans at 1% interest, with repayment through Tax Increment Financing and GLG Concepts LLC funds.

Who holds it

Glg Concepts holds this loan contract with City of Gothenburg. Its other public contracts on record include work for Gothenburg Housing Authority.

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Contract details

Contract type
Loan
Amount
$290,000
Document date
May 16, 2023
Term
NA
Vendor
Glg Concepts
Agency
City of Gothenburg
Source document
city-of-gothenburg-meeting-minutes-2023-05-16_e41.pdf (Meeting Minutes)

Glg Concepts's other public contracts

City of Gothenburg, Nebraskacity-of-gothenburg-agenda-2023-05-16_fb3.pdf · May 16, 2023$290KCity of Gothenburg, NebraskaGLG Concepts LLC Grant Agreement approval · Nov 1, 2022UndisclosedGothenburg Housing Authority, Nebraska$500K Loan Guaranty Approved for Good Life · Nov 1, 2022$500KGothenburg Housing Authority, NebraskaGLG Concepts LLC Grant Application · Nov 1, 2022$3KCity of Gothenburg, NebraskaGLG Concepts LLC Grant Agreement Approval Pending · Nov 1, 2022UndisclosedAll Glg Concepts contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by City of Gothenburg?

Glg Concepts was awarded this loan contract by City of Gothenburg, as recorded on May 16, 2023. The contract value is $290,000.

How much is the Glg Concepts contract with City of Gothenburg worth?

The Glg Concepts contract with City of Gothenburg is valued at $290,000, covering loan work.

What type of contract is this?

This is a Loan contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-gothenburg-meeting-minutes-2023-05-16_e41.pdf (Meeting Minutes), dated May 16, 2023 from City of Gothenburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Glg Concepts hold?

Glg Concepts 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 Gothenburg currently buying?

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

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