Board to Renew Revolving Line of Credit with Hanmi Bank
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Description
Kings Valley Academy II Board will consider renewing its Revolving Line of Credit with Hanmi Bank for the 2026-2027 school year to provide cash flow support under existing terms and interest rates. The renewal would authorize continued access to credit as needed to manage the charter school's finances.
Contract Details
Vendor
HANMI BANK
Agency
Kings Valley Academy II District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 22, 2026
Contract Term
2026-2027 school year
Renewal Date
2027-06-30
Renewal Info
Planned renewal of existing Revolving Line of Credit for the 2026-2027 school year; terms and interest rates to remain in accordance with current RLOC agreement.
More from HANMI BANK
More from Kings Valley Academy II District
Kings Valley Academy II Regular Board Meeting Agenda 2026-05-28
Kings Valley Academy II Regular Board Meeting Agenda 2026-05-28
Kings Valley Academy II Regular Board Meeting Agenda 2026-05-28
Kings Valley Academy II Board Meeting Agenda February 2026
kings_valley_academy_ii_regular_board_meeting_agen.pdf
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