Borrower: Victory Academy is Oregon’s only dedicated year-round private school serving Oregon’s children affected by autism. It serves students in grades K through 12, with a capacity of up to 100 students.
Amount of Loan: $2,650,000
Closed: December 18, 2015
Purchasing Bank: Pacific Continental Bank
Description of Loan: This Project was undertaken to refinance the construction line of credit used to acquire a new 18,000 sq. ft. school in Sherwood, Oregon. This was the borrower’s first SNAP Bond financing through OFA.
Type of Loan: SNAP Bond