Mission Academy Regular Board Meeting Agenda 2026-06-05
Board to Renew Revolving Line of Credit with Hanmi Bank
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Description
Mission Academy’s board will consider renewing its revolving line of credit with Hanmi Bank for the 2026-2027 school year to support cash flow needs under existing terms and interest rates. The renewal would continue providing short-term financing flexibility for the charter school.
Contract Details
Vendor
HANMI BANK
Agency
Mission Academy District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
June 3, 2026
Contract Term
2026-2027 school year
Renewal Date
2027-06-30
Renewal Info
Proposed renewal of existing Revolving Line of Credit with Hanmi Bank for the 2026-2027 school year under current RLOC terms and applicable interest rates.
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