Board Reviews Hanmi Bank Revolving Credit Facility

Assurance Learning Academy reviewed its existing revolving line of credit with Hanmi Bank, noting a current 7.5% interest rate and discussing the outstanding balance and covenant ratios. The update confirms ongoing use of the facility for school cash flow needs.

Document date · March 3, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Document type

Minutes

Source document

Assurance Learning Academy Board Meeting Minutes March 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Assurance Learning Academy District?

Hanmi Bank was awarded this financial services contract by Assurance Learning Academy District, as recorded on March 3, 2026.

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 Assurance Learning Academy Board Meeting Minutes March 2026 (Minutes), dated March 3, 2026 from Assurance Learning Academy District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Hanmi Bank hold?

Hanmi 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 Hanmi Bank's profile

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