Civic IQ
CONTRACTAPPROVED
Get alerts

Town of West Branch Awards $1,750,000 Loan Contract to Mercantile Bank of Michigan (November 2023)

Town of West Branch logoTown of West Branch
Disclosed value
$1,750,000
From agenda
Approved
Nov 6, 2023
Term
20 years

The 30-second brief

What it covers

City of West Branch approves a $1,750,000 bond from Mercantile Bank of Michigan for infrastructure improvements with a 5.55% tax-exempt interest rate over 20 years.

Who holds it

Mercantile Bank of Michigan holds this loan contract with Town of West Branch. Its other public contracts on record include work for Town of Ovid and Town of Texas charter.

What happens next

Term as filed: 20 years.

See who signed off on this $1.8M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Loan
Amount
$1,750,000
Document date
November 6, 2023
Term
20 years
Vendor
Mercantile Bank of Michigan
Agency
Town of West Branch
Source document
town-of-west-branch-city-council-meeting-agenda-november-6-2023_e2a.pdf (Agenda)

Mercantile Bank of Michigan's other public contracts

Town of Ovid, MichiganVehicle Loan Payment to Mercantile Bank · Apr 13, 2026$9.3KTown of Texas charter, MichiganMercantile Bank paid under Longhorn Drive financing · Apr 13, 2026$4.3KTown of Swan Creek, MichiganMercantile Bank Named Township Depository for 2026/27 · Mar 30, 2026UndisclosedCity of Lowell, MichiganMercantile Bank of Michigan Approved as Depository · Jan 5, 2026UndisclosedVan Buren County, MichiganCounty Treasurer Approved for Custodial Agreements with Mercantile Bank · Sep 23, 2025UndisclosedAll Mercantile Bank of Michigan contractsVendor profile

More Town of West Branch contracts

SELECTIVESelective Submits Payroll Audit To Township · Jul 6, 2026UndisclosedTRAVELERSTownship To Execute Travelers Surety Bond Application · Jul 6, 2026UndisclosedHeidelberg Materials Curtain Gap PlantTownship Plans Anti-Skid Purchase From Heidelberg · Jul 6, 2026UndisclosedBERKHEIMERTownship To Authorize Liaison With Berkheimer · Jul 6, 2026UndisclosedGermania Fire CompanyTownship Annual Fire Contract with Germania Fire Company · Jun 1, 2026UndisclosedAll Town of West Branch activityAgency profile

Questions about this contract

Who was awarded the loan contract by Town of West Branch?

Mercantile Bank of Michigan was awarded this loan contract by Town of West Branch, as recorded on November 6, 2023. The contract value is $1,750,000.

How much is the Mercantile Bank of Michigan contract with Town of West Branch worth?

The Mercantile Bank of Michigan contract with Town of West Branch is valued at $1,750,000, 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 town-of-west-branch-city-council-meeting-agenda-november-6-2023_e2a.pdf (Agenda), dated November 6, 2023 from Town of West Branch. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Mercantile Bank of Michigan hold?

Mercantile Bank of Michigan 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 Town of West Branch currently buying?

Explore Town of West Branch's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More Town of West Branch contracts →Browse all agencies in Kansas →