FINANCIAL_SERVICESPENDING

Hebron Savings Bank Proposes Loan for Willow Street

Hebron Savings Bank prepared a non-binding proposal for a $400,000, 240‑month loan to Preston Reed to finance the purchase and redevelopment of 301 Willow Street in Snow Hill. The agreement outlines interest‑only construction financing followed by fully amortizing payments secured by a first lien on the property.

Document date · June 9, 2026

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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
$400,000
Contract type
FINANCIAL_SERVICES
Contract term
240 months (12-month interest-only construction period, then fully amortizing)
Renewal date
2046-02-25
Renewal
Loan is structured with an initial fixed interest period followed by adjustable-rate terms; no renewal or extension options are specified in the discussion sheet.
Document type
AgendaPacket
Source document
Town of Snow Hill Agenda Packet 2026-06-09

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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 Snow Hill?

Hebron Savings Bank was awarded this financial services contract by Town of Snow Hill, as recorded on June 9, 2026. The contract value is $400,000.

How much is the Hebron Savings Bank contract with Town of Snow Hill worth?

The Hebron Savings Bank contract with Town of Snow Hill is valued at $400,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Snow Hill Agenda Packet 2026-06-09 (AgendaPacket), dated June 9, 2026 from Town of Snow Hill. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hebron Savings Bank hold?

Hebron Savings 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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