Loan Amendment and Financing with Charter Asset Management
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Description
The Board approved an amendment to the 2025 loan with Charter Asset Management Fund, L.P. for a $1,350,000, one-year term loan facility. This action provides additional financing to support near-term operational needs and authorizes school leadership to complete all related documentation.
Contract Details
Contract Amount
$1,350,000 one-year term loan facility
Vendor
CHARTER ASSET MANAGEMENT FUND LP
Agency
REACH Leadership STEAM Academy District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
February 24, 2026
Contract Term
1 year (2026)
Renewal Date
2027-02-24
Renewal Info
Amendment increases existing loan amount with new $1,350,000 facility for a one-year term; leadership authorized to finalize subject to lender signoff. Prior loans from 2025 are revised/expanded by this amendment.
More from CHARTER ASSET MANAGEMENT FUND LP
More from REACH Leadership STEAM Academy District
REACH Leadership STEAM Academy Board Meeting Agenda April 2026
REACH Leadership STEAM Academy Governing Board Meeting Agenda February 2026
REACH Leadership STEAM Academy Governing Board Meeting Minutes February 2026
REACH LSA Governing Board Meeting Minutes Jan 2026
REACH LSA Governing Board Meeting Minutes Jan 2026
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