Board Considers Bridge Loan for DCEO Grant Cash Flow
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Description
Pembroke CCSD 259 Board will consider approving a bridge loan of up to $400,000 from a local banking institution to cover timing of DCEO grant revenue. The agenda item does not specify the lender or loan term.
Contract Details
Contract Amount
up to $400,000
Vendor
LOCAL BANKING INSTITUTION
Agency
Pembroke CCSD 259, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
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