Promissory Note References Eastern Bank Line | Town of Needham | EASTERN BANK

Scope & details

The full contract record, as filed.

Contract amount

$450,001.00

Contract type

FINANCIAL_SERVICES

Contract term

24 monthly installments; first payment due 30 days after loan disbursement

Renewal date

2028-06-18

Renewal

Interest rate tied to the Eastern Bank line of credit account of Yiqiang Chen; no renewal provision stated.

Document type

Agenda

Source document

Town of Needham Agenda 2026-09-08

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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 Needham?

Eastern Bank was awarded this financial services contract by Town of Needham, as recorded on September 8, 2026. The contract value is $450,001.00.

How much is the Eastern Bank contract with Town of Needham worth?

The Eastern Bank contract with Town of Needham is valued at $450,001.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Needham Agenda 2026-09-08 (Agenda), dated September 8, 2026 from Town of Needham. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Eastern Bank hold?

Eastern 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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