Columbia Bank proposes $2.5M loan to Aspire Public Schools

Columbia Bank has issued a non-binding term sheet to Aspire Public Schools for a 10-year credit facility of up to approximately $2.5 million to finance acquisition of portables and construction of a new playground. The facility would feature monthly principal and interest payments, security via LCFF fund intercept and UCC-1 filing, and prepayment penalties in the first three years.

Scope & details

The full contract record, as filed.

Contract amount

Up to $2.5MM (Approximate)

Contract type

FINANCIAL_SERVICES

Contract term

10-Years

Renewal

Single 10-year term loan per proposed term sheet; no renewals described. Rate to be locked up to two weeks prior to closing; prepayment penalties step down over first three years and then cease.

Document type

Proposal

Source document

Aspire Centennial College Preparatory Academy District Proposal Term Sheet 2025-11-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Aspire Centennial College Preparatory Academy District?

Columbia Bank was awarded this financial services contract by Aspire Centennial College Preparatory 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 Centennial College Preparatory Academy District worth?

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

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

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