FINANCIAL_SERVICESAPPROVED

THE HRA OF HIBBING, MINNESOTA Awards $550,000 Financial Services Contract to Park State Bank (August 2026)

The Hibbing Economic Development Authority authorized subordination of its UCC filing to support Park State Bank’s $550,000 replacement working-capital line of credit for Advanced Machine Guarding Solutions. HEDA will subordinate its position on inventory and/or accounts receivable while retaining its equipment collateral position.

Document date · August 20, 2026

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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
$550,000
Contract type
FINANCIAL_SERVICES
Document type
Minutes
Source document
Hibbing Economic Development Authority Minutes Special Meeting August 20, 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by THE HRA OF HIBBING, MINNESOTA?

Park State Bank was awarded this financial services contract by THE HRA OF HIBBING, MINNESOTA, as recorded on August 20, 2026. The contract value is $550,000.

How much is the Park State Bank contract with THE HRA OF HIBBING, MINNESOTA worth?

The Park State Bank contract with THE HRA OF HIBBING, MINNESOTA is valued at $550,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Hibbing Economic Development Authority Minutes Special Meeting August 20, 2026 (Minutes), dated August 20, 2026 from THE HRA OF HIBBING, MINNESOTA. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Park State Bank hold?

Park State 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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What is THE HRA OF HIBBING, MINNESOTA currently buying?

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