FINANCIAL_SERVICESPENDING

Columbia Bank proposes $2.5M term loan to Aspire

Columbia Bank issued a nonbinding term sheet proposing up to a $2.5 million, 10‑year credit facility to Aspire Public Schools to finance acquisition of portable classrooms and a new playground. The loan would carry an interest rate based on the 10‑year CMT plus 2%, no loan fee, and be secured by LCFF fund intercept and a general UCC‑1 filing, subject to standard underwriting and closing conditions.

Status
PENDING
Document date
November 24, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Columbia Bank
Agency
Aspire Juanita Tate Academy Charter District · CA

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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
Up to $2.5MM (Approximate)
Contract type
FINANCIAL_SERVICES
Contract term
10-Years
Renewal
10‑year fully amortizing term loan with monthly principal and interest payments; no explicit renewal or extension options described. Prepayment allowed with declining penalty in first three years and no penalty thereafter.
Document type
Proposal
Source document
Aspire Juanita Tate Academy Charter District Proposal Term Sheet 2025-11-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Aspire Juanita Tate Academy Charter District?

Columbia Bank was awarded this financial services contract by Aspire Juanita Tate Academy Charter District, as recorded on November 24, 2025. The contract value is Up to $2.5MM (Approximate).

How much is the Columbia Bank contract with Aspire Juanita Tate Academy Charter District worth?

The Columbia Bank contract with Aspire Juanita Tate Academy Charter District is valued at Up to $2.5MM (Approximate), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Aspire Juanita Tate Academy Charter District Proposal Term Sheet 2025-11-24 (Proposal), dated November 24, 2025 from Aspire Juanita Tate Academy Charter District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Columbia Bank hold?

Columbia 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.

View Columbia Bank's profile

What is Aspire Juanita Tate Academy Charter District currently buying?

Explore Aspire Juanita Tate Academy Charter District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Aspire Juanita Tate Academy Charter District's profile

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