FINANCIAL_SERVICESAPPROVED

Ambassador Phillip V. Sanchez II Public Charter School Regular Board Meeting Agenda 2026-05-28

School Seeks LLAC Loan for 2026-2027 Cash Flow

Ambassador Phillip V. Sanchez II Public Charter DistrictLIFELONG LEARNING ADMINISTRATION CORPORATION LLACMay 22, 2026

Trusted by teams at

Description

The Board will vote on approving a loan from Lifelong Learning Administration Corporation (LLAC) for the 2026-2027 school year to ensure sufficient cash flow under specified promissory note terms and interest rates. This loan would supplement the school’s short-term financial resources.

Contract Details

Vendor

LIFELONG LEARNING ADMINISTRATION CORPORATION LLAC

Agency

Ambassador Phillip V. Sanchez II Public Charter District, CA

Contract Type

FINANCIAL_SERVICES

Document Date

May 22, 2026

Contract Term

2026-2027 school year

Renewal Date

2027-06-30

Renewal Info

New or continued loan arrangement for 2026-2027 school year governed by a promissory note and applicable interest rates; renewal or future extensions are not specified.

More from LIFELONG LEARNING ADMINISTRATION CORPORATION LLAC

Related Contracts

Mission Academy Regular Board Meeting Agenda 2026-06-05

PENDING

Mission Academy District (California)June 3, 2026

Ambassador Phillip V. Sanchez II Public Charter School Regular Board Meeting Agenda 2026-05-28

APPROVED

Ambassador Phillip V. Sanchez II Public Charter District (California)May 22, 2026

Kings Valley Academy II Regular Board Meeting Agenda 2026-05-28

PENDING

Kings Valley Academy II District (California)May 22, 2026

Issuing Agency

Ambassador Phillip V. Sanchez II Public Charter District

School

Fresno, CA

View agency profile

Vendor