Isana Octavia Academy Awards Financial Services Contract to East West Bank (September 2026)
Isana Octavia AcademySchool · Los Angeles, CA- Disclosed value
- $20 million line of credit, with an additional $10 million available through an accordion feature; commitment fee of 0.5% of the $20 million amount, totaling $100,000
- From minutes
- Approved
- Sep 22, 2026
- Term
- Three-year maturity period
- Renews
- Free account
The 30-second brief
ISANA approved updated terms for a $20 million line of credit with East West Bank, with an additional $10 million available through an accordion feature. The unsecured facility carries a three-year maturity, a variable SOFR-based rate, and a $100,000 commitment fee.
East West Bank holds this financial services contract with Isana Octavia Academy. Its other public contracts on record include work for Ypi Charter Schools and Aims K-12 College Prep Charter District.
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Contract details
- Contract type
- Financial Services
- Amount
- $20 million line of credit, with an additional $10 million available through an accordion feature; commitment fee of 0.5% of the $20 million amount, totaling $100,000
- Document date
- September 22, 2026
- Term
- Three-year maturity period
- Renews
- On record
- Vendor
- East West Bank
- Agency
- Isana Octavia Academy
- Source document
- ISANA Minutes Special Board Meeting / Board Retreat 2026-09-22 (Minutes)
East West Bank's other public contracts
More Isana Octavia Academy contracts
Questions about this contract
Who was awarded the financial services contract by Isana Octavia Academy?
East West Bank was awarded this financial services contract by Isana Octavia Academy, as recorded on September 22, 2026. The contract value is $20 million line of credit, with an additional $10 million available through an accordion feature; commitment fee of 0.5% of the $20 million amount, totaling $100,000.
How much is the East West Bank contract with Isana Octavia Academy worth?
The East West Bank contract with Isana Octavia Academy is valued at $20 million line of credit, with an additional $10 million available through an accordion feature; commitment fee of 0.5% of the $20 million amount, totaling $100,000, 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 ISANA Minutes Special Board Meeting / Board Retreat 2026-09-22 (Minutes), dated September 22, 2026 from Isana Octavia Academy. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does East West Bank hold?
East West 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.
What is Isana Octavia Academy currently buying?
Explore Isana Octavia Academy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
