Leader Bank, N.A. is excited to announce the addition of Jordan Richmond as Senior Vice President of Government Guaranteed Lending, a move that expands the Bank’s Small Business Administration (SBA) lending division.

Leader Bank was proud to recently help the Salem Waterfront Hotel and Pickering Wharf Complex in historic Salem, Massachusetts refinance existing loans to capitalize on Leader Bank’s low rates.

Leader Bank was proud to recently help Nashoba Valley Ski Area in Westford, Massachusetts find the perfect solution for their lending needs by financing a loan for the resort.

Leader Bank, N.A. received two awards for its work as a small business lender and community financial institution in 2021 from the Massachusetts office of the U.S. Small Business Administration (SBA) at their annual year end awards ceremony.

Leader Bank, N.A. was one of the top lenders in Massachusetts by volume to small businesses in 2021 according to the Massachusetts office of the U.S. Small Business Administration (SBA). The Bank was ranked fourth in the state with 53 7(a) small business loans financed totaling more than $6 million in 2021.

Leader Bank recently provided a Commercial Loan of $12 million for Oakley Country Club in Watertown, Massachusetts. The Country Club decided to refinance its current loan in order to take advantage of Leader Bank’s low rates.

Leader Bank, N.A. is pleased to announce that the Bank will continue to be a proud participant in the next round of the SBA 2019 Paycheck Protection Program, also known as the PPP.

Leader Bank, N.A. has been a proud participant in the Small Business Administration’s Paycheck Protection Program, also known as the PPP. Since the PPP was authorized by Congress, Leader Bank has aided over 1,775 small businesses by lending more than $137 Million with an average PPP loan size of $89,000.