Seven Hills School
$8,300,000 bank-qualified loan for the construction, installation, rehabilitation, equipping, and furnishing of facilities.
The Seven Hills School, founded in 1962, is an independent, not-for-profit, day school educating 375 students in preschool through 8th grade. Accredited by the California Association of Independent Schools (CAIS) and the Western Association of Schools and Colleges (WASC), the Seven Hills mission is, “to develop the intellect, engage the spirit and foster respect for and responsibility to our world.”
The refinancing of Seven Hills’ current outstanding loan will reduce their interest costs. In addition, a portion of the proceeds will be used to enhance their existing facilities. Included in the project is the expansion of their multi-purpose room and language arts classrooms. The refinancing will result in a lower interest costs and facilitate the expansion. This may also lead to potentially higher net income and will allow the Seven Hills School to continue to expand its educational programs.