CONTRACTAPPROVED

Mount Carroll Fire Protection District Awards $376,000 Loan Contract to First State Bank of Shannon (May 2025)

Disclosed value: $376,000.00; From minutes
Approved: May 13, 2025
Term: 8 years

What it covers

The City of Mount Carroll approved a $376,000 loan at a 4.25% interest rate for 8 years with First State Bank of Shannon for the Shimer Square Daycare Center commitment with Economic Growth.

Who holds it

First State Bank of Shannon holds this loan contract with Mount Carroll Fire Protection District. Its other public contracts on record include work for Carroll County.

What happens next

Term as filed: 8 years.

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Contract details

Contract type: Loan
Amount: $376,000.00
Document date: May 13, 2025
Term: 8 years
Vendor: First State Bank of Shannon
Agency: Mount Carroll Fire Protection District
Source document: mount-carroll-city-council-meeting-minutes-may-13-2025_24d.pdf (Minutes)

First State Bank of Shannon's other public contracts

Carroll County, IllinoisFirst State Bank of Shannon provides deposit tickets · May 7, 2026$266.1 All First State Bank of Shannon contractsVendor profile

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Questions about this contract

Who was awarded the loan contract by Mount Carroll Fire Protection District?

First State Bank of Shannon was awarded this loan contract by Mount Carroll Fire Protection District, as recorded on May 13, 2025. The contract value is $376,000.00.

How much is the First State Bank of Shannon contract with Mount Carroll Fire Protection District worth?

The First State Bank of Shannon contract with Mount Carroll Fire Protection District is valued at $376,000.00, covering loan work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in mount-carroll-city-council-meeting-minutes-may-13-2025_24d.pdf (Minutes), dated May 13, 2025 from Mount Carroll Fire Protection District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does First State Bank of Shannon hold?

First State Bank of Shannon 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 Mount Carroll Fire Protection District currently buying?

Explore Mount Carroll Fire Protection District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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