Movers & Shakers Monday – Kaley Lilley and Jesse Bro

September 25, 2023 Delaney SextonContributing Editor Movers & Shakers Monday – Kaley Lilley and Jesse Bro PlainsCapital Bank Welcomes Kaley Lilley as SVP, Commercial Loan Officer “Since starting her career in commercial lending, Kaley has demonstrated her ability to build strong client relationships in both Houston and Austin,” says Austin Region Chairman Paul Holubec. “We’re…

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SBA’s Do What you Do Rule Updated for Start of SBA’s FY24 Compliance and Underwriting SBA 7(a) Loans (10/18)

A SOP 5010 released on a dare from the House Small Business Committee last May was quickly followed by Congressional and industry criticism. SBA appeared to backtrack and promised to consider revisions and issue technical corrections. A Coleman WebinarWednesday, October 18, 2023 75-minute training with e-certificationRegister Online Here Never happened! Months went by and the…

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SBA Proposes Only Jailed Criminals Ineligible for SBA Loans

Currently for the 7(a) and 504 business loan programs, SBA considers an applicant ineligible if the business has an Associate who is incarcerated, on probation, on parole, or is under indictment for a felony or any crime involving or relating to financial misconduct or a false statement, and for Microloans, in addition to incarcerated, an…

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C-Suite Wednesday – SBA Leaders to Return to Office in the Coming Weeks

September 13, 2023 Delaney SextonContributing Editor C-Suite Wednesday – SBA Leaders to Return to Office in the Coming Weeks All political appointees, members of the Senior Executive Service, and senior-level staff will be transitioning to working in person at least five days per pay period beginning on September 25th. On November 5th, remaining telework-eligible managers…

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SBA Hot Topic Tuesday – New Businesses are Up 25% in 2023

September 12, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – New Businesses are Up 25% in 2023 In a recent study, Yelp reported that the number of new small businesses in 2023 is set to beat 2022’s all-time high. Minority-owned businesses and businesses in the hotel & travel industry are flourishing beyond the national…

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