John Marshall Bank Appoints John Ashkar as Senior VP, Director of Business Banking

John Marshall Bank (“JMB”), a subsidiary of John Marshall Bancorp, Inc., is excited to announce the appointment of John Ashkar as Senior Vice President and Director of Business Banking. In his new role, Ashkar will lead the Bank’s business banking team and focus on expanding its small business lending programs, particularly with an increased emphasis on the Bank’s partnership with the U.S. Small Business Administration.

Expanding Small Business Lending

Under Ashkar’s leadership, the Bank will introduce the SBA Express loan product, enhancing its suite of small business offerings. John Marshall Bank is already recognized as a Preferred Lender by the SBA, a status that allows the Bank to expedite loan approvals, providing faster access to capital for local businesses.

The SBA Express product is part of the Bank’s broader initiative to support small businesses with a comprehensive range of financing options, including multiple SBA 7(a) loan choices, fraud prevention tools, and financial management products tailored to businesses of all sizes.

Expertise and Experience

Jason R. McDonough, EVP and Chief Lending Officer at John Marshall Bank, shared,

“Bringing John onto the JMB team reflects the Bank’s commitment to the success of our small business clients. We’re excited for the opportunities that he brings to the Bank and his immediate impact in expanding our SBA 7(a) program and launching SBA Express for new and current small business clients.”

Ashkar brings over 31 years of experience to his new role, most recently serving as the Small Business Market Manager for TD Bank in the DC Metro region. Throughout his career, he has been dedicated to helping small businesses succeed and has a track record of delivering impactful results.

With Ashkar’s leadership, John Marshall Bank is poised to further strengthen its small business services and deepen its collaboration with the SBA. His appointment marks an exciting chapter in the Bank’s ongoing efforts to provide comprehensive, efficient, and reliable banking solutions to businesses in the region.