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LEDC Restaurant Expansion Loan - ZERO INTEREST loans for DC restaurant job creation!

February 27, 2023
LEDC is a CDFI (Community Development Finance Institution) which helps entrepreneurs and small business through lending and technical assistance.
Ideal for established DC-based restaurants in the process of opening an additional location. The expansion must result in significant job creation, intended for low-income individuals, with certain benefits expected.
  • Loan amounts up to $100,000
  • Terms up to 5 years
  • One-time closing fee of 3%
  • $50 application (plus $20 per co-owner)
  • Fixed-rate 0% interest
Made possible by a grant from the Community Economic Development program at the Administration for Children and Families within the US Department of Health and Human Services.
Contacts for information or to get your application started: 
J.B. Behrens
Senior Small Business Loan Officer and Underwriter, DC
301-500-0876 direct/text
Nicolas Arnaude
Senior Small Business Loan Officer and Underwriter, DC
202-670-4288 direct/text