# Leader Bank SBA loans in Massachusetts **Short answer:** SBA's loan file shows Leader Bank made 56 SBA loans in Massachusetts since October 2023. 55.4% were lines of credit, against 26.4% of its loans nationally. 12.5% went to startups, against 36.4% of its loans nationally. Canonical page: https://www.sbaexpress.loans/sba-express-lenders/leader-bank/massachusetts/ Data as of: 2026-06-30 This site is not Leader Bank sbaexpress.loans is not Leader Bank, and Leader Bank did not provide, review or pay for this page. Janover Capital LLC runs this site. Every figure on this page comes from SBA's public 7(a) loan file, not from Leader Bank. These are the 56 SBA 7(a) loans [Leader Bank](https://www.sbaexpress.loans/sba-express-lenders/leader-bank/) made in [Massachusetts](https://www.sbaexpress.loans/massachusetts-small-business-loans/) approved October 2023 to June 2026. Each figure is set against all of its loans in the U.S. over the same period. State is where the business is, not where the lender is based. The file lists loans SBA approved, so it shows what the lender has done and not what it will do for you. ## How Leader Bank differs in Massachusetts **What this means for you.** If you need working capital you can draw on and repay, revolving lines were more common here, so ask Leader Bank about one. ### Lines of credit 55.4% of the loans in Massachusetts were lines of credit, against 26.4% of its loans nationally. Lines of credit, share of loans, Oct 2023 to Jun 2026 - Massachusetts: 55.4% - All its U.S. loans: 26.4% ### Startups 12.5% of the loans in Massachusetts went to startups, where the loan opens the business, against 36.4% of its loans nationally. Startups (the loan opens the business), share of loans, Oct 2023 to Jun 2026 - Massachusetts: 12.5% - All its U.S. loans: 36.4% ### Share of the state's loans Leader Bank made 1.3% of the SBA loans approved in Massachusetts since October 2023, against 0.08% of loans nationwide. Its share here is 16 times its national share. Share of all SBA loans, Oct 2023 to Jun 2026 - Massachusetts: 1.3% - All its U.S. loans: 0.08% We compared 8 measures with the national figure for the same period, and these are the 3 that differ clearly. 2 more differences are in the table. ## Massachusetts next to the U.S. **Massachusetts compared with all of Leader Bank's U.S. loans, October 2023 to June 2026** | Measure | Massachusetts | All its U.S. loans | Reading | | --- | --- | --- | --- | | Lender's share of all SBA loans | 1.3% | 0.08% | Clearly higher | | Median loan | $200,000 | $350,000 | No clear gap | | Middle half of loans | $64,800 to $434,475 | $124,000 to $670,000 | – | | Startups (the loan opens the business) | 12.5% | 36.4% | Clearly lower | | In business 2 years or less | 12.5% | 12.4% | No clear gap | | In business more than 2 years | 66.1% | 41.9% | Clearly higher | | Change of ownership | 8.9% | 9.3% | No clear gap | | SBA Express | 53.6% | 25.6% | Clearly higher | | Lines of credit | 55.4% | 26.4% | Clearly higher | | Median term | 10 years | 10 years | – | | Median spread over Prime at approval | 2 points over Prime | 2.5 points over Prime | – | Clearly higher and clearly lower mark a gap large enough to matter and unlikely to be chance for this many loans. Spread over Prime is the rate at approval minus Prime that day, so it is not today's rate. Rows with a dash are shown for reference. ## What Leader Bank lends to in Massachusetts The 5 industries below account for 53 of the 149 loans approved October 2019 to June 2026, or 35.6%. An industry is listed when it has 5 or more of them, five at most. No industry reached 5 loans since October 2023, so this table uses October 2019 to June 2026. **Top industries in Massachusetts** | Industry | Loans | Share here | U.S. share | | --- | --- | --- | --- | | Fuel Dealers | 24 | 16.1% | 10.5% | | [Offices of Lawyers](https://www.sbaexpress.loans/industries/offices-of-lawyers/) | 11 | 7.4% | 4.8% | | [Full-Service Restaurants](https://www.sbaexpress.loans/industries/full-service-restaurants/) | 7 | 4.7% | 4.4% | | [All Other Professional, Scientific, and Technical Services](https://www.sbaexpress.loans/industries/all-other-professional-scientific-technical-services/) | 6 | 4.0% | 2.6% | | [Limited-Service Restaurants](https://www.sbaexpress.loans/industries/limited-service-restaurants/) | 5 | 3.4% | 3.9% | Share here is the industry's share of the lender's loans in this state. U.S. share is its share of all the lender's loans nationally. Not in top 5 means it is not one of the lender's five most common industries. ## Other lenders in Massachusetts Other lenders in Massachusetts with a clear difference from the national pattern, most loans first. **Other lenders in Massachusetts** | Lender | Loans since October 2019 | | --- | --- | | [Webster Bank](https://www.sbaexpress.loans/sba-express-lenders/webster-bank/massachusetts/) | 275 | | [Beacon Bank and Trust](https://www.sbaexpress.loans/sba-express-lenders/beacon-bank-and-trust/massachusetts/) | 222 | | [The Huntington National Bank](https://www.sbaexpress.loans/sba-express-lenders/the-huntington-national-bank/massachusetts/) | 190 | | [Bank of America](https://www.sbaexpress.loans/sba-express-lenders/bank-of-america/massachusetts/) | 122 | How to read this Counts come from SBA's 7(a) loan-level data release, as of June 30, 2026. The file lists loans SBA approved. It does not list declined applications, so it cannot show approval odds. We do not publish any figure built on fewer than 5 loans. A lender's past loans do not describe its current credit policy. Location is the borrower's address in the file. Loans are those approved October 1, 2023 to June 30, 2026. SBA's fiscal year runs October 1 to September 30. Each figure is set against the national figure for the same period. A gap is called clear when it is large enough to matter and unlikely to be chance for this many loans. A comparison with no clear gap in the loans is not published. Express counts SBA Express and Export Express loans. Lines of credit are loans SBA's file flags as revolving. [How we build these pages](https://www.sbaexpress.loans/method/). ## Sources - [SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026](https://data.sba.gov/dataset/7a-504-foia)