Brookline Bank Recognized as Top SBA Lender for Manufacturers in MA

Brookline Bank announced today that it was named the #1 SBA Lender to Manufacturers for Fiscal Year 2024 by the Massachusetts SBA District Office. The Bank was recognized for the achievement at the SBA MA Lender Awards and Annual Meeting held December 13th in Newton.

“We are honored to be recognized by the SBA for this award,” said Leslie Joannides-Burgos, EVP & Division Executive Retail and Business Banking at Brookline Bank. “This award is a reflection of Brookline Bank’s commitment and dedication to the small businesses community.”

Brookline Bank had the highest percentage of SBA 7(a) loan approvals to manufacturers in Massachusetts in 2024. The 7(a) Loan Program is the U.S. Small Business Administration’s primary business loan program, providing loan guaranties to lenders that allow them to offer financial help to small businesses with special requirements.

7(a) loans can be used for acquiring, refinancing, or improving real estate and buildings; short- and long-term working capital; refinancing current business debt; purchasing and installation of machinery and equipment; and more. Business owners can learn more about Brookline Bank’s full range of lending solutions at brooklinebank.com/business-banking/loans.

About Brookline Bank
Brookline Bank is a subsidiary of Brookline Bancorp, Inc. (NASDAQ: BRKL), and is headquartered in Brookline, Massachusetts. A full-service financial institution, Brookline Bank provides individuals and businesses with deposit and lending services, residential mortgages and home equity lending, commercial and CRE banking, cash management and foreign exchange services, and access to investment and wealth management services. Brookline Bank has convenient locations across Greater Boston and the North Shore. For more information go to brooklinebank.com. Brookline Bank is an Equal Opportunity and Equal Housing Lender. Member FDIC.