FINANCIAL_SERVICESAMENDED

Catalyst Approves $1.25 Million Fifth Third Credit Line

Catalyst approved an amendment to its existing $1.25 million line of credit with Fifth Third Bank. The amendment restores the former commitment level, reduces the pricing margin to 2.00% plus SOFR, and extends maturity by one year.

Document date · December 15, 2025

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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
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Scope & details

The full contract record, as filed.

Contract amount
$1,250,000
Contract type
FINANCIAL_SERVICES
Contract term
One-year maturity extension; existing bank loan due October 2026, extended to approximately October 2027
Renewal
Amended with a one-year maturity extension. The commitment was restored from $750,000 to $1,250,000, and the margin was reduced from 2.25% to 2.00% plus SOFR.
Document type
Minutes
Source document
Catalyst Schools Board of Directors Meeting Minutes 2025-12-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Catalyst Charter - Maria Es?

Fifth Third Bank was awarded this financial services contract by Catalyst Charter - Maria Es, as recorded on December 15, 2025. The contract value is $1,250,000.

How much is the Fifth Third Bank contract with Catalyst Charter - Maria Es worth?

The Fifth Third Bank contract with Catalyst Charter - Maria Es is valued at $1,250,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Catalyst Schools Board of Directors Meeting Minutes 2025-12-15 (Minutes), dated December 15, 2025 from Catalyst Charter - Maria Es. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Fifth Third Bank hold?

Fifth Third 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.

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