Meet Our Small Business Lending Team

Patrick Daaboul

SBA ADMINISTRATOR

Patrick Daaboul has more than seventeen years in banking experience, including six in commercial lending. As SBA Administrator for the Bank, he will inspect all elements of your application to be sure it is eligible for an SBA loan so there will be no last-minute surprises. He grew up in a family of entrepreneurs, and as a result he understands many of the challenges that you face. He has helped hundreds of business owners over the course of his career. Patrick completed his Graduate Studies in Business Analysis at McGill University after graduating with a BS in Economics and an AS in Humanities from Concordia University. Patrick resides with his family in Walpole.

Sandeep Jain

COMMERCIAL LOAN OFFICER

Sandeep Jain has over six years of experience in commercial lending, including all aspects of reviewing, analyzing and closing SBA loans. In his career, Sandeep has worked with dozens of small business customers through the entire loan application process to help them obtain the loan solution that is right for them. Prior to coming to the US, Sandeep worked with his family's manufacturing business - experience which helps him to identify with his small business customers' challenges and lending needs. Sandeep will work with you to understand how a Leader Bank loan can help your business, and has the experience to find the best solution for you. Sandeep completed his BE in Mechanical Engineering at MD University in Haryana, India, and an MS in Accounting and MBA in Finance from Clark University. Sandeep lives with his wife and son in Billerica.

Kevin McSweeney

COMMERCIAL LOAN OFFICER

Kevin entered the banking industry over three years ago after several years managing a retail business. His experience managing that location gives him a unique perspective when speaking with you about your business. He has purchased inventory, managed sales staffs, designed marketing programs and attended to many of the aspects of running a small business that you face every day. After years of customer service experience, Kevin will walk you through the loan process and support you from preapproval to closing. He is committed to providing the highest level of customer service to you. Closing your loan will just be the beginning of Kevin’s relationship with you as your business thrives and grows - his goal is to make you a Leader Bank customer for life. Kevin graduated with a BS from Roger Williams University and now resides with his wife and daughter in Bridgewater.

#1


SBA Lender in MA among banks with less than $10 billion in assets.

290


Number of loans closed since the 2015 SBA fiscal year providing more than $30M in capital.

#1


Lender to veteran-owned businesses in 2018.


We are a Small Business Administration Preferred Lender.

Select The Option That Best Fits Your Business:

$25,000

$50,000

$75,000

$75,000

Recent Small Business Loans

$30K

Somerville, MA

Restaurant

Equipment

$500K

Lynnfield, MA

Escape Room

New Location

$150K

Woburn, MA

Law Offices

Working Capital

$99K

Haverhill, MA

Dry Cleaners

Acquisition

$100K

Cambridge, MA

Food Manufacturing

Working Capital

$81K

Worcester, MA

Convenience Store

Acquisition

$109K

Brookline, MA

Accounting Firm

Working Capital

$350K

Florence, MA

Dental Office

Working Capital

$175K

Malden, MA

Nail Salon

New Location

$90K

Salem, NH

Automotive Auction Company

Business Acquisition

$40K

Northborough, MA

Trucking

Truck Purchase

$25K

Beverly, MA

Van Rental

Vehicle Purchase

$60K

Exeter, NH

Water Purification

Working Capital

FAQs

Loans made to small businesses under the Paycheck Protection Loan program under Section 7(a) of the Small Business Act.
Paycheck Protection Loans may be used for payroll costs, utilities, rents and certain existing debt service payments and will be guaranteed by the U.S. government.
We understand the importance of time. Once we receive the required documentation for your loan request, we can generally close within 7 business days. Leader Bank is a preferred SBA lender, which allows quick turnaround time.
Generally, Businesses or tax-exempt Non-profits with less than 500 total employees which were operational on February 15, 2020 should be eligible.
The maximum PPP loan is equivalent to 250% of the Applicant’s average monthly payroll costs during the preceding calendar year or $10 million, whichever is less.
The SBA guaranty fee is waived for Payroll Protection Loans, and we will minimize any other costs.
The loan term will be 2 years at a fixed interest rate of 1.0%. Payments can be deferred for 6 months.
The loan proceeds could be used for payroll, rent, utilities, interest on mortgage payments, and interest on other debt incurred in the last 12 months.
The applicant must submit SBA Form 2483 (Paycheck Protection Program Application Form), 2019 profit and loss statement, and payroll documentation such as payroll processor records, payroll tax filings, or Form 1099-MISC

Have any questions?

Any of our SBA professionals would love to speak with you about your lending needs. Call or email today - we are happy to answer your questions whether you need a loan from us right now or are just looking for advice for the future.

Contact Us

By Mail

180 Massachusetts Ave, Arlington, MA 02474