FINANCIAL_SERVICESONGOING

Utilities Infrastructure Loan with US Bank VRA Pool

US Bank, through the Virginia Resources Authority Pooled Financing Program, continues to hold a loan for $1,305,000 originated in 2015 for utilities infrastructure, with $710,000 remaining and maturing October 2027.

Status
ONGOING
Document date
June 17, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Us Bank (virginia Resources Authority Pooled Financing Program)
Agency
Town of Lovettsville · VA

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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
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
$1,305,000 (original), $710,000 (current principal as of 6/30/2025)
Contract type
FINANCIAL_SERVICES
Contract term
Origination: 2015; Maturity: October 2027
Renewal date
2027-10-31
Renewal
Loan matures October 2027; not subject to automatic renewal.
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?

Us Bank (virginia Resources Authority Pooled Financing Program) was awarded this financial services contract by Town of Lovettsville, as recorded on June 17, 2026. The contract value is $1,305,000 (original), $710,000 (current principal as of 6/30/2025).

How much is the Us Bank (virginia Resources Authority Pooled Financing Program) contract with Town of Lovettsville worth?

The Us Bank (virginia Resources Authority Pooled Financing Program) contract with Town of Lovettsville is valued at $1,305,000 (original), $710,000 (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 Us Bank (virginia Resources Authority Pooled Financing Program) hold?

Us Bank (virginia Resources Authority Pooled Financing Program) 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 Us Bank (virginia Resources Authority Pooled Financing Program)'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.

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