FINANCIAL_SERVICESAMENDED

US Bank credit facility matured and refinanced

After acquiring Union Bank, US Bank maintained Sonoma Valley Hospital’s revolving credit facility until it matured in August 2024. The hospital refinanced the remaining $1.9 million balance into a Summit State Bank term loan, ending its direct borrowing relationship under this LOC.

Document date · August 25, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$7,000,000 line of credit (historical, remaining $1,900,000 refinanced)
Contract type
FINANCIAL_SERVICES
Contract term
June 2023 – August 2024
Renewal date
2024-08-31
Renewal
Line of credit matured August 2024 and was not renewed; obligations replaced by Summit State Bank term financing.
Document type
AgendaPacket
Source document
Sonoma Valley Health Care District AgendaPacket Finance Committee Meeting 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Sonoma Valley Hospital?

Us Bank was awarded this financial services contract by Sonoma Valley Hospital, as recorded on August 25, 2026. The contract value is $7,000,000 line of credit (historical, remaining $1,900,000 refinanced).

How much is the Us Bank contract with Sonoma Valley Hospital worth?

The Us Bank contract with Sonoma Valley Hospital is valued at $7,000,000 line of credit (historical, remaining $1,900,000 refinanced), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Sonoma Valley Health Care District AgendaPacket Finance Committee Meeting 2026-08-25 (AgendaPacket), dated August 25, 2026 from Sonoma Valley Hospital. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Us Bank hold?

Us Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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