EagleBank Provides $50 Million Loan to EB5 USA Immigration LLC to Promote Foreign Investment in Real Estate [Yahoo! Finance]
Eagle Bancorp, Inc. (EGBN)
Last eagle bancorp, inc. earnings: 4/22 04:15 pm
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Source: Yahoo! Finance
announced it has provided a $50,000,000.00 Guidance Line of Credit to EB5 USA Immigration LLC, an affiliate of EB5 Capital. This loan, which highlights EagleBank's lending capacity in this specialized space, will supply pre-funding or bridging preferred equity in EB5 real estate projects. “At EagleBank, we take pride in our abilities in this unique sector of the market, quickly and efficiently processing foreign investor accounts that will better serve the economy and create new jobs,” said Lindsey Rheaume, Executive Vice President and Chief Lending Officer for Commercial and Industrial (C&I). “Through this new loan, we look forward to expanding EagleBank's reach on a national scale as we develop new opportunities for our customers by further expanding our C&I portfolio.” The transaction was handled by Executive Vice President, Senior Market Executive/C&I Lending, John Richardson, and other members from EagleBank's experienced C&I team. “This credit facility is a vital tool for
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EGBN
News
- Grand Opening of Crescent at Chevy Chase Brings Together Local Officials and Community Members to Celebrate Step Forward in Housing Solutions for Montgomery CountyPR Web
- Eagle Bancorp, Inc. (NASDAQ: EGBN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Eagle Bancorp, Inc. Announces Results of Operations for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- Eagle Bancorp, Inc. Announces Results of Operations for First Quarter 2024GlobeNewswire
- Eagle Bancorp: Exercising Caution In Light Of A Mixed Picture [Seeking Alpha]Seeking Alpha
EGBN
Earnings
- 4/24/24 - Miss
EGBN
Sec Filings
- 4/24/24 - Form 8-K
- 4/3/24 - Form ARS
- 4/3/24 - Form DEFA14A
- EGBN's page on the SEC website