Town Hall Loan Ongoing With Blue Ridge Bank
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Description
The Town of Lovettsville continues to service a loan with Blue Ridge Bank, originally issued in 2023 for the Town Hall building, with $180,284 principal outstanding as of June 2025. The loan matures in April 2040 with a fixed interest rate of 2.95%.
Contract Details
Contract Amount
$203,364 original; $180,284 principal balance (as of 6/30/25)
Vendor
BLUE RIDGE BANK
Agency
Town of Lovettsville, VA
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Origination: 2023; Maturity: April 2040
Renewal Date
2040-04-01
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