Fraud Friday – East Haven School Board Chairman Indicted for $1.5 Million Fraud

February 22, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – East Haven School Board Chairman Indicted for $1.5 Million Fraud East Haven, Connecticut former mayoral candidate and school board chairman, John T. Finkle III, has been charged with defrauding an Illinois company of more than $1.5 million. Finkle was arraigned Feb.…

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CPR Report: Actual 7(a) Prepays Go Back Above 16%

February 20, 2019 By Bob Judge Editor, CPR Report CPR Report: Actual 7(a) Prepays Go Back Above 16% In January, total prepays, including paid excess principal (ACPR), came in at 16.38%, a 14% increase from last month’s reading of 14.36%. After correcting for the excess principal being released from the MRF, pool prepays (CCPR) came…

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Coleman 2019 SBA “BDO of the Year” and SBA BDO Summit

Nominations Open for Coleman 2019 SBA “BDO of the Year” and SBA BDO Summit April 1-3 Loews Miami Beach Hotel 1601 Collins Ave, Miami Beach Winners *must* attend! Are you a high performing SBA Business Development professional or know someone who is? This is the perfect opportunity to be recognized for your individual achievements or…

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SBA Hot Topic Tuesday — SBA Releases Updated SOP 5010 5 (K)

February 19, 2019 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — SBA Releases Updated SOP 5010 5 (K) Effective April 1, 2019 Here is the 11-page SBA Information Notice outlining the changes to SBA 7(a) and 504 loan programs. Here is a link to download SOP 5010 5 (K) Be…

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