Pinkberry Frozen Yogurt is expected to create more than two dozen new jobs thanks, in part, to a loan provided by Leader Bank and the commonwealth’s Small Business Banking Partnership (SBBP).

Pinkberry is Leader Bank’s first SBBP loan recipient, according to a statement. The SBBP loan will provide growth capital to be used in part to hire 25-30 full and part-time employees at the restaurant’s Harvard Square location.

Through the SBBP, Leader Bank has been able to loan $590,000 to small businesses, creating 36 jobs. Bank President and CEO Sushil K.Tuli said he expects that number to increase significantly in the coming months as the bank closes $1.5 million in additional loans to creditworthy small businesses by the end of September.

"Leader Bank is proud to be a participant in the Treasury’s Small Business Banking Partnership program, as implemented by [Massachusetts Treasurer Steven Grossman]," Tuli said in a statement. "At Leader Bank, we believe that it is the growth of small businesses, such as Pinkberry Frozen Yogurt, which have the strongest positive impact on our neighborhoods. Therefore, it gives us great pleasure to be the lender of choice for the small businesses in our local communities that continue to create jobs and spur economic growth."

Grossman initially set aside $100 million for the Small Business Banking Partnership when the program kicked off in May. With a full $106 million now on deposit statewide in 23 community banks, Grossman added another $100 million to the program, bringing the total commitment to at least $200 million dedicated to the Partnership. Twenty-seven additional banks are in the process of completing paperwork to qualify for deposits of as much as $5 million by the Treasury.