CONTRACTAPPROVED

Town of Benton Awards $100,000 Loan Contract to LNB (January 2025)

Town of Benton
Disclosed value
$100,000
From agenda
Approved
Jan 8, 2025
Term
3 years

The 30-second brief

What it covers

LNB is approved to provide a $100,000 loan for the purchase of a 2025 Mack Truck, with a three-year fixed interest rate of 4.95%.

Who holds it

LNB holds this loan contract with Town of Benton. Its other public contracts on record include work for D'Arbonne Woods Charter School and Boggy Creek Improvement District.

What happens next

Term as filed: 3 years.

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Contract details

Contract type
Loan
Amount
$100,000
Document date
January 8, 2025
Term
3 years
Vendor
LNB
Source document
town-of-benton-agenda-2025-01-08_e41.pdf (Agenda)

LNB's other public contracts

More Town of Benton contracts

Questions about this contract

Who was awarded the loan contract by Town of Benton?

LNB was awarded this loan contract by Town of Benton, as recorded on January 8, 2025. The contract value is $100,000.

How much is the LNB contract with Town of Benton worth?

The LNB contract with Town of Benton is valued at $100,000, 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-benton-agenda-2025-01-08_e41.pdf (Agenda), dated January 8, 2025 from Town of Benton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does LNB hold?

LNB 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 Benton currently buying?

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

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