Assurance Learning Academy Board Meeting Minutes March 2026
Board Reviews Hanmi Bank Revolving Credit Facility
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Description
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.
Contract Details
Vendor
HANMI BANK
Agency
Assurance Learning Academy District, CA
Contract Type
FINANCIAL_SERVICES
Document Date
March 3, 2026
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Assurance Learning Academy Board Meeting Minutes March 2026
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