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Home Maryland Cecil Bank

Cecil Bank

Elkton, MD 21921

1
Loans Approved
$68K
Total Volume
$68K
Avg Loan Size
1
States Served

States Served

Top Industries Financed

  • Photography Studios, Portrait

Quick Summary

Cecil Bank is an SBA-approved lender headquartered in Elkton, Maryland. Since 2020, they have approved 1 SBA 7(a) loans totaling $68K, with an average loan size of $68K. They primarily serve Maryland businesses.

About Cecil Bank

Cecil Bank is an SBA-approved lender headquartered in Elkton, Maryland. Since 2020, they have approved 1 SBA 7(a) loans totaling $68K, with an average loan size of $68K. They primarily serve businesses in Maryland.

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Frequently Asked Questions

Is Cecil Bank an SBA Preferred Lender?

Cecil Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Cecil Bank approved?

According to SBA FOIA public records, Cecil Bank has approved 1 SBA 7(a) loans totaling $68K since 2020. Their average loan size is $68K.

What states does Cecil Bank serve?

Cecil Bank primarily serves businesses in Maryland.

How do I apply for an SBA loan with Cecil Bank?

To apply for an SBA 7(a) loan with Cecil Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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