Posts by Coleman Report

April 2, 2024 Delaney SextonContributing Editor Funding Circle Responds: Plans to Launch 7(a) Loan Operations Early in March, Funding Circle CEO Jacobs said “Whilst the US business offers attractive long term growth, it also requires a significant amount of cash and capital to grow the small business administration (SBA) proposition and we don’t believe that…

April 2, 2024 Delaney SextonContributing Editor Kansas Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Kansas Small Business Profile

April 1, 2024 Delaney SextonContributing Editor Senate Committee Chair Shaheen’s Opening Statement at SBA Oversight Hearing “As Chair of this committee and as a member of the Senate Appropriations Committee, I am firmly committed to making sure that entrepreneurs have every opportunity to realize their dreams. But for our small businesses to succeed, SBA will…

April 1, 2024 Delaney SextonContributing Editor Rising Stars: Introducing the Powerhouses Joining Harvest’s Business Development Team – Jim Wilkie and Sean Wilkie Jim Wilkie – Senior Vice President, BDO Jim Wilkie graduated with a Finance Degree from Indiana University and was recruited into banking in Houston in 1984. He has been a Loan and Business…

April 1, 2024 Delaney SextonContributing Editor Iowa Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Iowa Small Business Profile

March 29, 2024 Delaney SextonContributing Editor IRS Announces Almost $9 Billion in COVID Fraud Investigated – Fraud Friday “In the last year alone, we have opened nearly 700 new COVID fraud investigations that collectively add up to $5 billion in potential fraud,” says Criminal Investigation (CI) Chief Guy Ficco. “While COVID may no longer be…

March 28, 2024 Delaney SextonContributing Editor 23% of Restaurant Revitalization Fund Authorizations were Potentially Ineligible The Restaurant Revitalization Fund approved 101,000 applications and disbursed $28.6 billion to small business owners, but the Inspector general found that $6.7 billion may have been disbursed to ineligible applicants. SBA developed a plan that included a risk framework that…

March 28, 2024 Delaney SextonContributing Editor Indiana Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Indiana Small Business Profile