FINANCIAL_SERVICESAPPROVED

Pacific Coast Academy Awards Financial Services Contract to Hanmi Bank (January 2026)

Pacific Coast Academy approved a revolving line of credit with Hanmi Bank for up to $5 million. The 12-month facility carries a floating rate of Wall Street Journal Prime minus 0.50% and will support operational working capital and related school needs.

Document date · January 22, 2026

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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
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $5,000,000.00
Contract type
FINANCIAL_SERVICES
Contract term
12 months; one year
Renewal date
2027-01-22
Renewal
One-year maturity; the document does not state an automatic renewal or extension option. The January 9, 2026 conditional letter of interest indicated that formal loan documentation and bank approval were required before funding.
Document type
AgendaPacket
Source document
Pacific Coast Academy AgendaPacket Regular Board Meeting 2026-01-22

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Pacific Coast Academy?

Hanmi Bank was awarded this financial services contract by Pacific Coast Academy, as recorded on January 22, 2026. The contract value is Up to $5,000,000.00.

How much is the Hanmi Bank contract with Pacific Coast Academy worth?

The Hanmi Bank contract with Pacific Coast Academy is valued at Up to $5,000,000.00, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Pacific Coast Academy AgendaPacket Regular Board Meeting 2026-01-22 (AgendaPacket), dated January 22, 2026 from Pacific Coast Academy. 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

What is Pacific Coast Academy currently buying?

Explore Pacific Coast Academy's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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