FINANCIAL_SERVICESAPPROVED

Town of Southborough Awards $200,000 Financial Services Contract to Rockland Trust Company (July 2026)

Kabins LLC will finance its acquisition of Turnpike Wine & Liquor with a $200,000 commercial loan from Rockland Trust Company, secured by a pledge of the liquor license and inventory. The Select Board’s license transfer approval incorporates this financing structure.

Document date · July 7, 2026

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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
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Scope & details

The full contract record, as filed.

Contract amount
$200,000
Contract type
FINANCIAL_SERVICES
Renewal
Standard commercial loan; pledge of license and inventory continues until loan obligations are satisfied or refinanced. No specific maturity date stated in minutes.
Document type
Minutes
Source document
Town of Southborough Select Board Meeting Minutes 2026-07-07

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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 Southborough?

Rockland Trust Company was awarded this financial services contract by Town of Southborough, as recorded on July 7, 2026. The contract value is $200,000.

How much is the Rockland Trust Company contract with Town of Southborough worth?

The Rockland Trust Company contract with Town of Southborough is valued at $200,000, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Town of Southborough Select Board Meeting Minutes 2026-07-07 (Minutes), dated July 7, 2026 from Town of Southborough. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Rockland Trust Company hold?

Rockland Trust Company 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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