Borrower: Cascades Academy is a pre-K-12 private school located in Bend, Oregon. Founded in 2003, it opened its doors with 61 students. Now in its 11th year, the school has an enrollment of over 170 students. Cascades Academy seeks to weave challenging academics with experiential learning to inspire socially responsible individuals who will be ready for a diverse and changing world.
Amount of Loan: $4,000,000
Closed: September 23, 2013
Purchasing Institution: Capital Pacific Bank
Description of Loan: The financing project allowed construction of the new campus on a 21-acre parcel adjacent to Tumalo State Park.
Type of Loan: SNAP Bond