EagleBank Provides Financing to Mamie D. Lee LLC to Support Improvements for Public Charter Schools
Eagle Bancorp, Inc. (EGBN)
Last eagle bancorp, inc. earnings: 4/22 04:15 pm
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Source: GlobeNewswire
BETHESDA, Md., May 23, 2024 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has provided a loan to Mamie D. Lee LLC to refinance the unwind of the New Markets Tax Credit (NMTC) structure used for renovating the former D.C. Public School building. Mamie D. Lee LLC is jointly owned by Briya Public Charter School (PCS) and Bridges Public Charter School (PCS), which financed improvements to the property through the NMTC program. “We are thrilled to be the chosen partner for Mamie D. Lee and other public charter schools in the region,” said Lindsey Rheaume, Executive Vice President and Chief Lending Officer for Commercial and Industrial (C&I). “EagleBank is proud to be an active lender in the charter school sector and we look forward to continuing to build upon our successes in this market segment.” The transaction was handled by EagleBank’s experienced C&I team, including Senior Vice President, C&I Lendi
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EGBN
Earnings
- 4/24/24 - Miss
EGBN
Sec Filings
- 6/17/24 - Form 4
- 6/12/24 - Form 4
- 6/12/24 - Form 4
- EGBN's page on the SEC website