FINANCIAL_SERVICESAPPROVED

Winnebago County Awards $70,000 Financial Services Contract to Luthe Llc Dba Foundations Center (August 2026)

Winnebago County authorized a $70,000 Revolving Loan Fund loan to Luthe LLC doing business as Foundations Center to purchase and improve a treatment facility at 5130 North Second Street in Loves Park. The 10-year loan at 7.5% interest is secured by a second mortgage, business asset lien, and personal guaranty.

Status
APPROVED
Document date
August 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Luthe Llc Dba Foundations Center
Agency
Winnebago County · IL

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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
$70,000
Contract type
FINANCIAL_SERVICES
Contract term
10 years at 7.5% interest, fully amortized over 10 years
Renewal date
2036-08-13
Renewal
Fixed 10-year term loan from the Revolving Loan Fund; fully amortized with no stated renewal options.
Document type
AgendaPacket
Source document
Winnebago County AgendaPacket 2026-08-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Winnebago County?

Luthe Llc Dba Foundations Center was awarded this financial services contract by Winnebago County, as recorded on August 13, 2026. The contract value is $70,000.

How much is the Luthe Llc Dba Foundations Center contract with Winnebago County worth?

The Luthe Llc Dba Foundations Center contract with Winnebago County is valued at $70,000, 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 Winnebago County AgendaPacket 2026-08-13 (AgendaPacket), dated August 13, 2026 from Winnebago County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Luthe Llc Dba Foundations Center hold?

Luthe Llc Dba Foundations Center 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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What is Winnebago County currently buying?

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