February 12, 2026 Bob ColemanFounder & Publisher Kentucky Pastor Gets 2 Years in Jail for PPP Loan Fraud, Played the Congressional Intervention Card John Hopkins tried for $1,729,257. He secured $517,000. After the SBA funds were disbursed, Hopkins promptly converted the fraud into personal expenditures. He conducted numerous transactions exceeding $10,000, using the proceeds to…

February 12, 2026 Bob ColemanFounder & Publisher SBA Issues Procedural Notice on Updated Citizenship and Residency Requirements Yesterday, SBA issued Procedural Notice 5000-876626 – Revised Applicant Ownership Citizenship and Residency Requirements for 7(a) and 504 Loans. The Procedural Notice updates SOP 50 10 to incorporate recent policy changes outlined in SBA Policy Notice 5000-876441. Effective…

February 12, 2026 Bob ColemanFounder & Publisher Stone Bank Expands SBA Division with Additions of Campbell, del Toro, Young, & Foster Stone Bank has announced the addition of four new hires to its team. Their SBA Division is ranked nationality in the top 80 in dollar volume and volume rank at 38. Francis Campbell has…

February 11, 2026 Bob ColemanFounder & Publisher A Coleman Conversation: Jeremy Gilpin In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Jeremy Gilpin, President of Community Bank and Trust, to explore his decades-long career in community banking and his commitment to expanding capital access across rural and underserved markets. Jeremy shares…

February 10, 2026 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — Updated 7(a) 504 Loan Data 12/31/25, SBA Update Teams Event Wed 2/11 SBA is launching a new outreach event with lenders: “SBA Lender Connect Update.” Their first Microsoft Teams meeting will be Wednesday, February 11, at 3:00 pm Eastern. These sessions are designed…

February 9, 2026 Bob ColemanFounder & Publisher Federal Reserve Says Only 28% of Bank Small Biz Loan Portfolios Deteriorating Fewer banks are entering 2026 with a clear concern: loan quality for small business borrowers is expected to deteriorate. That was one of the key signals in the Federal Reserve’s Senior Loan Officer Opinion Survey, released…

February 6, 2026 Bob ColemanFounder & Publisher Fraud Friday: Did Blueacorn Fraudster Nate Reis Begin his Prison Sentence with Diesel Therapy? Blueacorn co-founder Nathan Reis’s 10-year sentence for PPP loan fraud was scheduled to begin on January 20th. The judge recommended he serve his sentence at the Federal Correctional Institution in Bastrop, Texas. However, the…

February 5, 2026 Bob ColemanFounder & Publisher 2025 Coleman Awards Announced: Honoring Excellence Across SBA Lending and Small Business Finance This week, we are proud to announce the winners of the Coleman Awards, recognizing outstanding professionals and organizations across SBA lending, brokerage, marketing, media, and business services. We received an incredible number of submissions filled…

February 5, 2026 Bob ColemanFounder & Publisher Mike Hoyl Named Coleman SBA Rural Lender Professional of the Year Mike Hoyl is Western Commerce Bank’s Chief Lending Officer and has been in the banking industry since 1971. Throughout his career, he has helped numerous entrepreneurs in achieving their dreams through the effective use of the SBA…