Civic IQ
CONTRACTPENDING
Get alerts

East Grand Forks EDA Reviews $75k Loan Application

Town of Grand Forks logoTown of Grand Forks
Disclosed value
$75,000
From agenda
Document date
Jul 23, 2025
Term
5 years

The 30-second brief

What it covers

East Grand Forks EDA considers $75,000 gap loan for NP Hometown Properties, to support the real estate purchase and retain local businesses, with loan subordinating to Alerus Bank's loan.

Who holds it

Np Hometown Properties holds this loan contract with Town of Grand Forks. Its other public contracts on record include work for City of East Grand Forks.

What happens next

Term as filed: 5 years.

See who signed off on this $75K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Loan
Amount
$75,000
Document date
July 23, 2025
Term
5 years
Vendor
Np Hometown Properties
Agency
Town of Grand Forks
Source document
east-grand-forks-eda-agenda-gap-loan-budget-fy26-jul-23-2025_a80.pdf (Agenda)

Np Hometown Properties's other public contracts

City of East Grand Forks, MinnesotaNP Hometown Properties Loan Term Extended · Sep 17, 2025$75KCity of East Grand Forks, MinnesotaNP Hometown Properties seeks gap loan extension · Sep 3, 2025UndisclosedTown of Grand Forks, MinnesotaLoan term extension for Hometown Properties · Sep 3, 2025UndisclosedTown of Grand Forks, Minnesota$75K Loan Approved for Hometown Properties. · Jul 23, 2025$75KAll Np Hometown Properties contractsVendor profile

More Town of Grand Forks contracts

Minnesota Pump WorksMinnesota Pump Works awarded $49,924 pump contract · Oct 21, 2025$49.9KNp Hometown PropertiesLoan term extension for Hometown Properties · Sep 3, 2025UndisclosedDSCDSC to promote UND homecoming week. · Sep 3, 2025UndisclosedRed Iris LLCPreliminary Cannabis Retail Registration for Red Iris LLC · Sep 2, 2025UndisclosedSkol Mn LLCPreliminary Cannabis Retail Registration for Skol MN LLC · Sep 2, 2025UndisclosedAll Town of Grand Forks activityAgency profile

Questions about this contract

Who was awarded the loan contract by Town of Grand Forks?

Np Hometown Properties was awarded this loan contract by Town of Grand Forks, as recorded on July 23, 2025. The contract value is $75,000.

How much is the Np Hometown Properties contract with Town of Grand Forks worth?

The Np Hometown Properties contract with Town of Grand Forks is valued at $75,000, 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 east-grand-forks-eda-agenda-gap-loan-budget-fy26-jul-23-2025_a80.pdf (Agenda), dated July 23, 2025 from Town of Grand Forks. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Np Hometown Properties hold?

Np Hometown Properties 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 Grand Forks currently buying?

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

Work in government? Get Civic IQ free →
More Town of Grand Forks contracts →Browse all agencies in Minnesota →