Leader Bank, National Association: SBA Lending Record

Leader Bank: SBA record

518 loans for FY2017 to FY2026 stand against Leader Bank, National Association. At Leader Bank, gross dollars approved come to $208.0 million. The Leader Bank book of 518 is SBA 7(a) business, with Leader Bank at 0 SBA 504 loans. Leader Bank lists Massachusetts as its state. Leader Bank holds 518 loans now or at last record. For Leader Bank, SBA guarantees 518. Earlier holders of the 518 do not show. Who first financed a Leader Bank loan is not shown, nor how Leader Bank judges a request.

Leader Bank: class mix

The class view leaves 392 of 518 unplaced at Leader Bank. Leader Bank: full-service restaurant at 22, then limited-service restaurant at 18, next liquor store at 18. Next at Leader Bank: medical office at 10, next grocery store at 9; gas station and truck stop at 8. Further at Leader Bank: beauty salon at 8, then dental office at 7, next coffee shop and snack bar at 5. 392 unplaced loans lead the Leader Bank table, so Leader Bank covers under half of 518 in a class comparison.

Leader Bank by state

By state, Massachusetts leads Leader Bank with 370 loans, then Texas with 19 and New Hampshire with 17. The Leader Bank table continues through Florida at 12, North Carolina at 10, Rhode Island at 10, California at 9, Connecticut at 9, Washington at 9 and Arizona at 6, then smaller counts. Use the Leader Bank spread to see how far 518 holdings extend past Massachusetts.

Leader Bank: cancellations

Leader Bank cancellation floor, FY2017 to FY2024: 15.1% of 518 approvals. Our own rule withholds the Leader Bank charge-off rate. Leader Bank's cohorts are too small. Leader Bank ceiling: 17.1%, counting undisbursed loans as cancelled.

Leader Bank: reading the record

Leader Bank offers borrowers facts about holdings, and 518 loans are those facts. Leader Bank has another: the 15.1% floor. At Leader Bank, neither fact predicts a decision. A Leader Bank project stands on own numbers. The Leader Bank study should pick out the 518 loans that resemble it. For Leader Bank, it should flag the differences. Leader Bank reads the project against 518 loans. A cancellation floor of 15.1% at Leader Bank describes the past, not the future.

Leader Bank: the study

With Leader Bank in view, 518 loans frame the study, not the Leader Bank decision. For full-service restaurant, Leader Bank has 22 loans, the nearest comparison. Leader Bank: the study tests sales per seat. Leader Bank needs labour cost tested too. Show Leader Bank coverage in a slow year too. Leader Bank needs an appraisal that supports it. Leader Bank offers just 392 unplaced loans for an unnamed type. Leader Bank's study makes the case. Leader Bank holds 370 loans in Massachusetts. Elsewhere, Leader Bank holdings need a reason. The Leader Bank floor of 15.1% is a warning. The Leader Bank study should allow for delay.