Skip to main content
Enter search terms below…

Member News

Pioneer Launches U.S. Small Business Administration Program, Welcomes Kate Morgan as SBA Relationship Manager

An experienced professional who processed more than $64M in commercial SBA loans in 2021, Morgan will lead build out and development of Pioneer’s SBA presence in the Capital Region

Albany – Pioneer, a leading financial institution in New York’s Capital Region, today announced the launch of its new U.S. Small Business Administration (SBA) program, which will provide access to additional funding opportunities to support the growth and success of commercial enterprises. The program will be led by Kate Morgan, who joins Pioneer as SBA Relationship Manager, and brings nearly a decade of experience in processing and administration of multiple SBA loan offerings.

“We are thrilled to welcome Kate to the outstanding team at Pioneer, where she will be a tremendous asset to our commercial partners as they pursue SBA assistance,” said Jesse Tomczak, Executive Vice President and Chief Banking Officer of Pioneer. “Providing access to SBA funding reinforces Pioneer’s commitment to strengthening small businesses, local communities, and the Capital Region economy. With the expertise and experience Kate brings to this new role, we’re confident our clients will be especially well served.”  

In her new role, Morgan will lead the build out and development of Pioneer’s SBA program, create strategies to originate SBA loans in the marketplace, and work with commercial partners to process and administer government-guaranteed small business loans. In addition, she is exploring community and alternative lending available to small business owners in the Capital Region, which includes SBA as well as other local, regional and state-level programs.

“I am excited to join the exceptional team at Pioneer, and to have the opportunity to help establish a vibrant SBA program that serves the critical financial needs of small businesses,” said Morgan. “I look forward to building strong relationships with commercial partners throughout the Capital Region, and helping them gain access to vital programs that can put them on the path to success.” 

A graduate of the University at Albany, Morgan comes to Pioneer after 8 years at Pursuit, which assists businesses and lending partners in New York, New Jersey and Pennsylvania. Last year, as Senior Loan Processor, her team processed 90 approved commercial SBA loans totaling more than $64 million. She has provided elevated assistance and resources to loan officers in the 504 and 7a processes, and is experienced in the application, post-approval and closing processes for all SBA programs.

Previously, she spent 3 years as Office Manager at 90 State Street Executive Suites in Albany. She worked closely with local small business owners to understand the demands of building their enterprises, recognize their business challenges, and find solutions to address their office space needs. 

Furthering its mission of ‘Helping Kids be Kids,’ Pioneer’s Charitable Foundation has now invested more than $1.2M in nearly 400 local agencies that enhance the health and welfare of children Albany, NY – Pioneer, a leading financial institution in New York’s Capital Region, today marked the national celebration of Giving Tuesday by making $2,500…
With Cyber Monday and the holiday shopping season around the corner, it’s even more important to look for red flags and stay cyber safe when shopping online. The planned spend on gifts and other holiday items is expected to be $832 per person this year, according to National Retail Federation. Berkshire Bank Chief Information Officer Ryan Melle…
CEO Nitin Mhatre stated, “We’re proud to celebrate the anniversary of our NYSE listing and our long history of purpose-driven, values guided community banking. We believe that where you bank matters, and we’re building a better approach to banking while delivering steadily improving results to our communities and our shareholders. In 2022, our…
Join us as the streets of historic downtown Troy come alive with Victorian “Gilded Age” magic!  Enjoy the region’s premiere free holiday event that has…
The Region's Premiere Free Holiday Event
We hope you can join us on December 5th to celebrate and cut the ribbon for Red Dog Realty in their new office on Hoosick Street in Troy!  Red Dog Realty…
Ribbon Cutting & Grand Opening
As a benefit of your Chamber membership, you are invited to attend the Annual Holiday Networking Luncheon.  This provides a great opportunity to close out…
Lunch and Networking