December 3, 2021 By Joseph ColemanContributing Editor U.S. Attorney’s in the banc-serv trial are requesting eight-years in prison, plus three years of supervised release, for Kerri Agee, during a sentencing hearing next Thursday (December 9, 2021). Agee was found guilty on August 4, 2021, on one count of conspiracy to commit wire fraud affecting a…

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December 3, 2021 Delaney SextonContributing Editor Fraud Friday – Four Executives Plead Guilty to $4.5 Million SBA Fraud Three former executives of Valley Bank in Moline, Illinois, and the President of Vital Financial Services, a lender service provider, all pleaded guilty to scheming to defraud the SBA through programs that guarantee small business loans. They…

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December 2, 2021 Delaney SextonContributing Editor Coleman Movers & Shakers – Blaine Lauhon, Deepak Bhakoo, and Erick Pereira Central Valley Community Bank’s Blaine Lauhon is Promoted to EVP, Chief Banking Officer “The success of Central Valley Community Bank is driven by our committed banking professionals and guided by our executive team to exceed the expectations…

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November 29, 2021 Delaney SextonContributing Editor Coleman’s 2022 SBA Lender Professional Award Nominations Nominations for Coleman’s 2022 SBA Lender Professional Awards are open for submissions. Nominating statements and/or testimonials should address why the nominee should be honored and how the nominee has made a positive impact on SBA lending and the small business community. The…

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November 24, 2021 Delaney SextonContributing Editor C-Suite Wednesday – More Small Businesses Opening than Closing Says the SBA Office of Advocacy “Two crucial small business indicators, self-employment and proprietors’ income, had historic declines in 2020. Both experienced very fast recoveries by early 2021. These indicators match the National Bureau of Economic Research’s conclusion that the…

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November 23, 2021 Delaney SextonContributing Editor Hot Topic Tuesday – Updated Guidance for Last Six Weeks of the EIDL Program “The COVID Economic Injury Disaster Loan (EIDL) and EIDL Advance programs still have billions of dollars available to help small businesses hard hit by the pandemic. More than 3.8 million businesses employing more than 20…

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November 22, 2021 Delaney SextonContributing Editor Main Street Monday – Average Main Street Business Expects No Sales Growth “Small business owners are attempting to take advantage of current economic growth but remain pessimistic about business conditions in the near future,” says NFIB Chief Economist Bill Dunkelberg. “One of the biggest problems for small businesses is…

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Gain Expertise to Build a Quality SBA 7(a) Gas Station Loan Portfolio, Avoiding Losses and Repairs and DenialsSpecial Tips for Obtaining SBA 504 Loan Approvals. A 75-minute webinar that lets staff earn e-certification.   A Coleman WebinarDate: Tuesday, December 7, 2021Time: 2:00 p.m. EasternDownload a Registration Form SBA lenders who master difficult loan product niches…

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