EagleBank
SBA 7(a) Lending Profile · FY 2022 analysis
Industry Focus
Top industries served by EagleBank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 624410 | Child Day Care Services | 32 | $32.1M | $1.0M | 10.5% |
| 722513 | Limited-Service Restaurants | 16 | $2.4M | $150K | 5.3% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 16 | $5.6M | $350K | 5.3% |
| 623312 | Homes for the Elderly | 16 | $18.4M | $1.2M | 5.3% |
| 722511 | Full-Service Restaurants | 16 | $3.9M | $245K | 5.3% |
| 523999 | Miscellaneous Financial Investment Activities | 16 | $15.6M | $975K | 5.3% |
| 812112 | Beauty Salons | 16 | $11.7M | $734K | 5.3% |
| 812199 | Other Personal Care Services | 8 | $6.8M | $855K | 2.6% |
| 624120 | Services for the Elderly and Persons with Disabilities | 8 | $1.6M | $200K | 2.6% |
| 488410 | Motor Vehicle Towing | 8 | $4.7M | $585K | 2.6% |
Geographic Distribution
SBA lending activity for EagleBank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maryland (MD) | 136 | $73.6M | 44.7% |
| Virginia (VA) | 80 | $67.1M | 26.3% |
| District of Columbia (DC) | 56 | $20.7M | 18.4% |
| Texas (TX) | 8 | $10.0M | 2.6% |
| New Jersey (NJ) | 8 | $5.6M | 2.6% |
| California (CA) | 16 | $2.4M | 5.3% |
Why Choose EagleBank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 304 SBA loans approved, totaling $179.4M in financing
- ✓Industry Expertise: Specialized focus on Child Day Care Services, Limited-Service Restaurants, Offices of All Other Miscellaneous Health Practitioners
- ✓Competitive Terms: Average interest rate of 7.72% with flexible term lengths averaging 157 months
- ✓Loan Range: Loan sizes from $72K to $1.8M, with an average of $590K
- ✓Nationwide Reach: Active lending in 6 states, with strong presence in MD, VA, DC
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about EagleBank SBA lending
What types of businesses does EagleBank typically finance?
EagleBank specializes in SBA 7(a) lending to specific industries including child day care services, limited-service restaurants, offices of all other miscellaneous health practitioners, homes for the elderly. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are EagleBank's typical SBA loan terms?
EagleBank's SBA 7(a) loans typically feature an average interest rate of 7.72% and average term length of 157 months (approximately 13 years). Loan sizes range from $72K to $1.8M, with an average loan size of $590K.
Do I need a business valuation for a EagleBank SBA loan?
Yes, EagleBank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does EagleBank compare to other SBA lenders?
EagleBank has originated 304 SBA loans totaling $179.4M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does EagleBank lend in?
EagleBank provides SBA 7(a) financing with particularly strong presence in MD, VA, DC, CA, TX. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.