Posts by Coleman Report
SBA Hot Topic Tuesday — SBA 7(a) Fees Exceed Guaranty Payments to Lenders by Over $1 Billion the Last 4 Years
June 11, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA 7(a) Fees Exceed Guaranty Payments to Lenders by Over $1 Billion the Last 4 Years I want to start an industry-wide discussion about SBA’s budget. The problem is the Administration has inserted a $99 million line-item in SBA’s…
Read MoreMain Street Monday – SBA Announces Fifth Annual Growth Accelerator Fund Competition
June 10, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – SBA Announces Fifth Annual Growth Accelerator Fund Competition The U.S. Small Business Administration announced its fifth annual Growth Accelerator Fund Competition. The SBA will award 60 organizations that provide small businesses with opportunities such as securing venture capital, business plan…
Read MoreColeman Movers & Shakers — James DeSantis, Stephanie Schwandt, Capital Bank/First Tennessee Bank
June 6, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — James DeSantis, Stephanie Schwandt, Capital Bank/First Tennessee Bank James DeSantis Named Director of Credit Operations for Newtek Barry Sloane, Chief Executive Officer, says, “As we are growing our BDC and portfolio company lending programs – SBA 7(a), SBA 504,…
Read MoreColeman Report Update! — Small Business Delinquencies, Portfolio Monitoring, Revised SBA Form 1050, Kathleen Kelly, Barbara Arena
June 5, 2019 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Small Business Delinquencies, Portfolio Monitoring, Revised SBA Form 1050, Kathleen Kelly, Barbara Arena This weeks topics: – Small Business Delinquencies – Portfolio Monitoring – Revised Form 1050 – Kathleen Kelly, Senior Vice President, Webster Bank – Barbara Arena, Vice President,…
Read MoreMain Street Monday – Washington Holds Joint Hearing on Strengthening Voice of SBA Office of Advocacy
June 3, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Washington Holds Joint Hearing on Strengthening Voice of SBA Office of Advocacy In Washington, D.C. last week, U.S. Senator Marco Rubio (R-FL), Chairman of the Senate Committee on Small Business and Entrepreneurship, and U.S. Senator James Lankford (R-OK), Chairman of…
Read MoreFraud Friday — Noah Bank CEO Arrested for SBA Loan Fraud
May 31, 2019 By Bob Coleman Editor, Fraud Friday Fraud Friday — Noah Bank CEO Arrested for SBA Loan Fraud U.S. Attorney Geoffrey S. Berman says this past Wednesday, “Edward Shin, the CEO of a Pennsylvania bank, allegedly exploited his position as a bank officer to illegally issue Small Business Administration loans to entities in…
Read MoreColeman Report Update! — SBA Hotel Financing Heatmap, Marie Askew, Josue Rivera
May 29, 2019 By Bob Coleman Executive Producer, Coleman Report Update Coleman Report Update! — SBA Hotel Financing Heatmap, Marie Askew, Josue Rivera This weeks topics: -SBA Hotel Financing Heat Map -Marie Askew, Coleman BDO Winner -Josue Rivera, Director, USDA Rural Development, Puerto Rico -Hotel Labor Costs
Read MoreSBA Hot Topic Tuesday — Newtek Small Business Lending Assigned Business-Based Servicer Rankings by S&P Global Ratings, Revised SBA Form 1050 Settlement Sheet
May 28, 2019 SBA Hot Topic Tuesday — Newtek Small Business Lending Assigned Business-Based Servicer Rankings by S&P Global Ratings, Revised SBA Form 1050 Settlement Sheet By Bob Coleman Editor, SBA Hot Topic Tuesday Newtek Small Business Lending Assigned Business-Based Servicer Rankings by S&P Global Ratings Barry Sloane, Chairman, President and Chief Executive Officer said,…
Read MoreFraud Friday — Bank CEO Charged with $1.2 Million Expense Account Fraud
May 24, 2019 Fraud Friday — Bank CEO Charged with $1.2 Million Expense Account Fraud By Bob Coleman Editor, Fraud Friday Seventy year-0ld retired Wisconsin banker, Archie Overby has been indicted for padding his expense account. The feds allege the former CEO and Chairman of the Board of First National Bank in Waupaca, Wisconsin, defrauded…
Read MoreColeman Movers & Shakers — Bruce Lammers, John Rock, Jason Okuhama, G. Hunt Dawkins, Denise DiDonato
May 23, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Bruce Lammers, John Rock, Jason Okuhama, G. Hunt Dawkins, Denise DiDonato Bruce Lammers Retires from Byline Bank “Retirement for me is a bittersweet moment,” says Bruce. “I’ve had a rewarding career, and having the ability to work with inspiring…
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