FINANCIAL_SERVICESPENDING

Columbia Bank Proposes $2.5M Loan to Aspire

Aspire Public Schools received a non-binding term sheet from Columbia Bank for a proposed credit facility of up to approximately $2.5 million over 10 years to fund portables and a new playground. The loan would be repaid monthly with an interest rate tied to the 10-year CMT plus 2.00% and secured by LCFF fund intercept and a general UCC-1 filing.

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

Trusted by teams at

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
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 loan term, 10-Years amortization, monthly principal and interest
Renewal
Single 10-year term loan; no renewals described. Prepayment penalties apply in years 1–3, with no penalty thereafter.
Document type
Proposal
Source document
Aspire Junior Collegiate Academy District Proposal Term Sheet 2025-11-24

Related contracts

Other contracts from Columbia Bank.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Aspire Junior Collegiate Academy District?

Columbia Bank was awarded this financial services contract by Aspire Junior Collegiate Academy 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 Junior Collegiate Academy District worth?

The Columbia Bank contract with Aspire Junior Collegiate Academy 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 Junior Collegiate Academy District Proposal Term Sheet 2025-11-24 (Proposal), dated November 24, 2025 from Aspire Junior Collegiate Academy 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 Junior Collegiate Academy District currently buying?

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

View Aspire Junior Collegiate Academy District's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free