Main Street Registry

The Lion & Scholar Tavern and Grill

Augusta, GA · Full-Service Restaurants · NAICS 722511

The Lion & Scholar Tavern and Grill is a full-service restaurant in Augusta, Georgia, classified under NAICS code 722511. The business was approved for an SBA 504 loan of $1,252,000, which financed real estate or equipment through an SBA 504 loan, with Queensborough National Bank and Trust Company as the bank lender and CSRA Local Development Corporation as the certified development company, with approval dated March 28, 2025.

SBA 504 loan, approved Mar 28, 2025

$1,252,000 SBA portionCDC: CSRA Local Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$1,252,000
Bank portion
$1,527,500
Estimated project size
$3,088,333 (estimated)
Estimated owner equity
$308,833 (estimated, about 10% of the project)
Bank lender
Queensborough National Bank and Trust Company, Louisville, GA
CDC
CSRA Local Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
March 28, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
16
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Richmond County, GA
SBA district office
Georgia District Office
Congressional district
GA-12
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 26% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • Average expansion loan in Georgia: $2,201,121.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Georgia