Refinanced Loan for Infrastructure with Truist Bank
Town of LovettsvilleCity · VA- Disclosed value
- $1,263,000 (original), $762,446 (current principal as of 6/30/2025)
- From budget
- Document date
- Jun 17, 2026
- Term
- Refinanced 2020; Maturity: February 2031
- Renews
- Free account
The 30-second brief
Truist Governmental Bank provides financing for Town-wide Infrastructure Improvements and Facilities, refinanced in 2020 for $1,263,000 at a 1.57% interest rate. The current principal balance is $762,446, maturing February 2031.
Truist Governmental Bank holds this financial services contract with Town of Lovettsville.
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Contract details
- Contract type
- Financial Services
- Amount
- $1,263,000 (original), $762,446 (current principal as of 6/30/2025)
- Document date
- June 17, 2026
- Term
- Refinanced 2020; Maturity: February 2031
- Renews
- On record
- Vendor
- Truist Governmental Bank
- Agency
- Town of Lovettsville
- Source document
- Town of Lovettsville Budget Fiscal Year 2027 Adopted Budget & Fiscal Year 2027-2031 Capital Improvement Plan 2026-07-01 (Budget)
Truist Governmental Bank's other public contracts
More Town of Lovettsville contracts
Questions about this contract
Who was awarded the financial services contract by Town of Lovettsville?
Truist Governmental Bank was awarded this financial services contract by Town of Lovettsville, as recorded on June 17, 2026. The contract value is $1,263,000 (original), $762,446 (current principal as of 6/30/2025).
How much is the Truist Governmental Bank contract with Town of Lovettsville worth?
The Truist Governmental Bank contract with Town of Lovettsville is valued at $1,263,000 (original), $762,446 (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.
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What other contracts does Truist Governmental Bank hold?
Truist Governmental 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.
What is Town of Lovettsville currently buying?
Explore Town of Lovettsville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.