FINANCIAL_SERVICESPENDING

Columbia Bank Proposes $25M Working Capital Credit Line

Aspire Public Schools is considering a $25 million, 12‑month working capital revolving line of credit from Columbia Bank, secured by LCFF intercepts on eleven charter schools. The proposed facility features a floating WSJ Prime-based interest rate with a 3.50% floor, no loan fee, and interest-only monthly payments, pending full underwriting and credit approval.

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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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
$25,000,000
Contract type
FINANCIAL_SERVICES
Contract term
12 months
Renewal
This term sheet describes a 12‑month revolving line of credit renewal, with closing and funding contingent on Columbia Bank’s underwriting and credit approval processes. Future renewals or extensions are not specified and would require separate approvals.
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 $25,000,000.

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 $25,000,000, 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.

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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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