State school board OKs $1.4 M in loans to charter schools, writes off $45K loan balance

SALT LAKE CITY — The Utah State Board of Education on Monday authorized $1.4 million in start-up loans to charter schools and wrote off a near $45,000 loan balance from a now-shuttered charter school.Loans ranging from $255,000 to $300,000 were authorized for five charter schools, including Ascent Academies of Utah with campuses in Salt Lake, Utah and Davis counties; HighMark Charter School in South Weber; Lakeview Academy, Saratoga Springs; Maria Montessori Academy in Ogden; and Scholar A