County Retires PeoplesSouth Bank Loan Obligation
Town of SasserCity · GA- Disclosed value
- $102,247 original principal; $50,869 principal repaid in FY 2020
- From budget
- Document date
- Sep 30, 2020
The 30-second brief
Terrell County continued repayment of its 2018 note with PeoplesSouth Bank, paying $50,869 in principal during FY 2020. The 1.98% loan, originally $102,247 and used to satisfy an SGRITA-related guaranty, was fully matured by November 30, 2019.
Peoplessouth Bank holds this financial services contract with Town of Sasser. Its other public contracts on record include work for Miller County School District and Franklin County.
Term as filed: Note dated August 31, 2018; annual installments beginning November 30, 2018; matured November 30, 2019.
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Contract details
- Contract type
- Financial Services
- Amount
- $102,247 original principal; $50,869 principal repaid in FY 2020
- Document date
- September 30, 2020
- Term
- Note dated August 31, 2018; annual installments beginning November 30, 2018; matured November 30, 2019
- Vendor
- Peoplessouth Bank
- Agency
- Town of Sasser
- Source document
- terrell-county-georgia-annual-financial-report-2020_9f6.pdf (Budget)
Peoplessouth Bank's other public contracts
More Town of Sasser contracts
Questions about this contract
Who was awarded the financial services contract by Town of Sasser?
Peoplessouth Bank was awarded this financial services contract by Town of Sasser, as recorded on September 30, 2020. The contract value is $102,247 original principal; $50,869 principal repaid in FY 2020.
How much is the Peoplessouth Bank contract with Town of Sasser worth?
The Peoplessouth Bank contract with Town of Sasser is valued at $102,247 original principal; $50,869 principal repaid in FY 2020, 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 terrell-county-georgia-annual-financial-report-2020_9f6.pdf (Budget), dated September 30, 2020 from Town of Sasser. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Peoplessouth Bank hold?
Peoplessouth 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 Sasser currently buying?
Explore Town of Sasser's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.