Lenders › Leader Bank, National Association
7(a) lenderArlington, MassachusettsFDIC-insured bank155th of 2,184 by approvals
Leader Bank, National Association
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Leader Bank, National Association (Arlington, Massachusetts) is an FDIC-insured bank in the SBA 7(a) program, 155th of 2,184 by approvals in FY2021 to FY2025: 246 loans worth $130M.
In FY2025, the latest complete fiscal year, it had 87 approvals totalling $68.1M, up 74% on FY2024 (50). FY2026 to 30 Jun 2026 adds 19 more.
The median approval was $250K, against $190K for the 7(a) program as a whole; 43.1% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 27 states and territories and 65 counties, led by Massachusetts (65.4%), Texas (6.9%) and North Carolina (4.1%). The largest industry group was retail trade at 26.0% of approvals, and 11.0% of approvals were to franchise businesses.
Of 524 disbursed loans approved in FY2010 to FY2021, SBA records 7 as charged off (1.3%), 467 as paid in full and 50 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 19 | $15.8M | $476K | $830K | 254 |
| FY2025 | 87 | $68.1M | $400K | $783K | 921 |
| FY2024 | 50 | $33.3M | $275K | $667K | 646 |
| FY2023 | 31 | $11.4M | $150K | $369K | 643 |
| FY2022 | 21 | $10.7M | $250K | $510K | 329 |
| FY2021 | 57 | $6.5M | $50K | $115K | 860 |
| FY2020 | 18 | $2.0M | $100K | $112K | 98 |
| FY2019 | 57 | $9.2M | $125K | $161K | 337 |
| FY2018 | 78 | $9.8M | $65K | $125K | 427 |
| FY2017 | 73 | $7.8M | $50K | $107K | 333 |
| FY2016 | 69 | $6.9M | $50K | $100K | 333 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 295 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Massachusetts | 7(a) program |
|---|---|---|---|
| Approvals in these years | 580 | 21,862 | 639,905 |
| Cancelled or never disbursed | 56 | 2,699 | 79,313 |
| Disbursed loans | 524 | 19,163 | 560,592 |
| Paid in full | 467 | 16,336 | 435,813 |
| Charged off | 7 | 1,068 | 36,891 |
| Still outstanding (status exempt from disclosure) | 50 | 1,759 | 87,888 |
| Charged off, share of disbursed loans | 1.3% | 5.6% | 6.6% |
| Dollars charged off, share of disbursed dollars | 1.1% | 2.9% | 2.5% |
| Dollars charged off | $681K | $94.5M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 41 | 18 | 1 | 2.4% | 2.8% |
| FY2020 | 14 | 12 | 0 | — | 4.0% |
| FY2019 | 50 | 34 | 0 | 0.0% | 6.7% |
| FY2018 | 70 | 60 | 3 | 4.3% | 7.9% |
| FY2017 | 65 | 62 | 0 | 0.0% | 7.7% |
| FY2016 | 68 | 68 | 0 | 0.0% | 7.2% |
| FY2015 | 71 | 71 | 0 | 0.0% | 6.9% |
| FY2014 | 70 | 68 | 2 | 2.9% | 6.4% |
| FY2013 | 21 | 21 | 0 | — | 6.0% |
| FY2012 | 23 | 22 | 1 | — | 6.3% |
| FY2011 | 20 | 20 | 0 | — | 6.9% |
| FY2010 | 11 | 11 | 0 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $250K | $190K |
| Average approval | $529K | $518K |
| Approvals of $150,000 or less | 43.1% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 31.7% | 34.3% |
| Approvals to franchise businesses | 11.0% | 11.5% |
| Jobs supported per approval, as reported | 13.8 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 1.3% | 6.6% |
States served
| # | State of the business (27 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Massachusetts | 161 | $59.7M | 65.4% | |
| 2 | Texas | 17 | $15.4M | 6.9% | |
| 3 | North Carolina | 10 | $20.5M | 4.1% | |
| 4 | Florida | 7 | $3.0M | 2.8% | |
| 5 | New Hampshire | 7 | $2.4M | 2.8% | |
| 6 | California | 6 | $3.1M | 2.4% | |
| 7 | Arizona | 4 | $4.4M | 1.6% | |
| 8 | Connecticut | 4 | $2.1M | 1.6% | |
| 9 | Washington | 4 | $1.4M | 1.6% | |
| 10 | South Carolina | 3 | $2.4M | 1.2% | |
| 11 | New Jersey | 3 | $2.1M | 1.2% | |
| 12 | Ohio | 3 | $1.3M | 1.2% |
In Massachusetts the lender accounts for 2.1% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (65 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Middlesex County, MA | 91 | $27.0M | 37.0% | |
| 2 | Suffolk County, MA | 31 | $17.4M | 12.6% | |
| 3 | Norfolk County, MA | 10 | $4.6M | 4.1% | |
| 4 | Worcester County, MA | 10 | $4.5M | 4.1% | |
| 5 | Essex County, MA | 7 | $2.5M | 2.8% | |
| 6 | Hillsborough County, NH | 7 | $2.4M | 2.8% | |
| 7 | Nash County, NC | 6 | $15.0M | 2.4% | |
| 8 | Plymouth County, MA | 6 | $1.7M | 2.4% | |
| 9 | Harris County, TX | 5 | $2.2M | 2.0% | |
| 10 | Maricopa County, AZ | 4 | $4.4M | 1.6% | |
| 11 | Travis County, TX | 3 | $4.8M | 1.2% | |
| 12 | Wake County, NC | 3 | $4.8M | 1.2% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 64 | 26.0% | |
| 2 | Professional, Scientific, and Technical Services | 45 | 18.3% | |
| 3 | Construction | 29 | 11.8% | |
| 4 | Accommodation and Food Services | 25 | 10.2% | |
| 5 | Health Care and Social Assistance | 22 | 8.9% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 12 | 4.9% | |
| 7 | Manufacturing | 10 | 4.1% | |
| 8 | Other Services (except Public Administration) | 10 | 4.1% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Direct Selling EstablishmentsNAICS 4543 | 30 | 12.2% | |
| 2 | Restaurants and Other Eating PlacesNAICS 7225 | 22 | 8.9% | |
| 3 | Legal ServicesNAICS 5411 | 13 | 5.3% | |
| 4 | Grocery StoresNAICS 4451 | 11 | 4.5% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 9 | 3.7% | |
| 6 | Computer Systems Design and Related ServicesNAICS 5415 | 9 | 3.7% | |
| 7 | Offices of PhysiciansNAICS 6211 | 8 | 3.3% | |
| 8 | Other Specialty Trade ContractorsNAICS 2389 | 8 | 3.3% | |
| 9 | Residential Building ConstructionNAICS 2361 | 7 | 2.8% | |
| 10 | Beer, Wine, and Liquor StoresNAICS 4453 | 7 | 2.8% |
Approval sizes
- $50,000 or less20.7%51
- $50,001 to $150,00022.4%55
- $150,001 to $350,00021.5%53
- $350,001 to $1 million21.1%52
- $1 million to $2 million5.7%14
- Over $2 million8.5%21
Loan terms
- 5 years or less0.4%1
- Over 5 to 10 years78.5%193
- Over 10 to 20 years13.8%34
- Over 20 years7.3%18
Age of the businesses
- Existing, more than 2 years old54.1%133
- New business, 2 years or less9.3%23
- Startup, loan funds will open the business22.4%55
- Change of ownership14.2%35
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 174 | 70.7% | |
| 2 | SBA Express Program | 65 | 26.4% | |
| 3 | Working Capital CAPLine | 5 | 2.0% | |
| 4 | Contract CAPLine | 2 | 0.8% |
Franchise share
27 of 246 approvals in FY2021–FY2025 (11.0%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Drybar | 2 | 0.8% | |
| 2 | PostalAnnex+ | 2 | 0.8% | |
| 3 | Soccer Shots | 2 | 0.8% | |
| 4 | Subway | 2 | 0.8% | |
| 5 | Econo Lodge | 1 | 0.4% | |
| 6 | Home Instead | 1 | 0.4% | |
| 7 | Black Sheep Coffee | 1 | 0.4% | |
| 8 | Mountain Mike's Pizza | 1 | 0.4% |
Questions and answers
How many SBA loans does Leader Bank, National Association make?
SBA approved 87 7(a) loans through Leader Bank, National Association in FY2025, worth $68.1M, and 246 over FY2021 to FY2025. That ranks 155th of 2,184 active 7(a) lenders by number of approvals.
How large are Leader Bank, National Association's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $250K and the average $529K. The program-wide median was $190K.
What is Leader Bank, National Association's charge-off rate?
Of 524 disbursed loans approved in FY2010 to FY2021, SBA records 7 as charged off (1.3%), 467 as paid in full and 50 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is below it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Leader Bank, National Association lend to most?
By number of approvals in FY2021 to FY2025: direct selling establishments (30); restaurants and other eating places (22); legal services (13); grocery stores (11).
Where does Leader Bank, National Association make SBA loans?
In 27 states and territories. Massachusetts 161, Texas 17, North Carolina 10, Florida 7, New Hampshire 7. In Massachusetts it accounts for 2.1% of all 7(a) approvals.
Is Leader Bank, National Association's SBA lending rising?
Approvals in the three latest complete fiscal years total 168, against 96 in the three before: rising (+75%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error