FINANCIAL_SERVICESONGOING

Blue Ridge Bank Loan for Town Hall Building

The Town of Lovettsville is continuing a loan with Blue Ridge Bank for the Town Hall Building, originally issued in 2023 for $203,364 at a 2.95% interest rate. The current principal balance is $180,284 as of June 30, 2025, maturing in April 2040.

Status
ONGOING
Document date
June 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Blue Ridge Bank
Agency
Town of Lovettsville · VA

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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
$203,364 (original), $180,284 (current principal as of 6/30/2025)
Contract type
FINANCIAL_SERVICES
Contract term
Origination: 2023; Maturity: April 2040
Renewal date
2040-04-30
Renewal
Long-term loan; set maturity. No renewal but amortization schedule until 2040.
Document type
Budget
Source document
Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Lovettsville?

Blue Ridge Bank was awarded this financial services contract by Town of Lovettsville, as recorded on June 17, 2026. The contract value is $203,364 (original), $180,284 (current principal as of 6/30/2025).

How much is the Blue Ridge Bank contract with Town of Lovettsville worth?

The Blue Ridge Bank contract with Town of Lovettsville is valued at $203,364 (original), $180,284 (current principal as of 6/30/2025), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01 (Budget), dated June 17, 2026 from Town of Lovettsville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Blue Ridge Bank hold?

Blue Ridge 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.

View Blue Ridge Bank's profile

What is Town of Lovettsville currently buying?

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

View Town of Lovettsville's profile

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