Kris Roglieri’s Criminal Trial Set for January 2026 — No More Delays Says Judge
May 16, 2025 Bob ColemanFounder & Publisher Kris Roglieri’s Criminal Trial Set for January 2026 — No More Delays Says Judge In a key pretrial development, U.S. District Judge Mae A. D’Agostino presided over a remote status conference in the high-profile fraud case of Kris Roglieri, the once-prominent non-bank lender now facing serious federal loan…
Read MoreMovers & Shakers — Connie Amason, Gay Schwer, Citadel Credit Union
May 15, 2025 Bob ColemanFounder & Publisher Movers & Shakers — Connie Amason, Gay Schwer, Citadel Credit Union Peoples Bank Welcomes Back Connie Amason as VP / SBA Operations Manager “Bringing Connie back into the Peoples Bank family is an exciting moment for us,” says Dennis Ammann, CEO of Peoples Bank. “Her knowledge, leadership, and…
Read MoreImplication of SBA’s New Equity Injection Policy
May 14, 2025 Bob ColemanFounder & Publisher Implication of SBA’s New Equity Injection Policy The recent revision to Chapter 25 of the SBA’s SOP introduces a significant change in how lenders must document equity injections for SBA-guaranteed loans. What Changed? Previous Policy: Lenders were required to document equity injections based on their standard practices for…
Read MoreSBA Hot Topic Tuesday — List of SBA 7(a) and 504 Notices under Trump 2.0
May 13, 2025 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — List of SBA 7(a) and 504 Notices under Trump 2.0 I got tired of Googling trying to find SBA notices affecting the 7(a) and 504 Loan programs issued since January 20th. I figured if I had frustration when they were on my own…
Read MoreSBA Procedural Notices 2025
SBA Procedural Notices 2025
Read More$220M Unguaranteed SBA 7(a) Portfolio Hits Market
May 12, 2025 $220M Unguaranteed SBA 7(a) Portfolio Hits Market Clark Street Capital’s Bank Asset Network (“BAN”) proudly presents: “The 220MM SBA 7(a) Unguaranteed Loan Portfolio.” This exclusive portfolio is offered for sale by one institution (“Seller”). Highlights include: • A participation interest in the unguaranteed portion of an SBA 7(a) loan portfolio with a…
Read MoreFraud Friday — Georgia Logger Indicted for $3 Million Loan Collateral Fraud, Identity Theft
May 9, 2025 Bob ColemanFounder & Publisher Fraud Friday — Georgia Logger Indicted for $3 Million Loan Collateral Fraud, Identity Theft The owner of a small timber harvesting company has been indicted for a $3 million loan fraud. Ronnie Atkinson befriended the market president of a Morris Bank branch in Gray, Georgia, identified as AC.…
Read MoreMovers & Shakers — Long, Gunderson, Spata, Luckett, Stoneman, Clinton Savings Bank
May 8, 2025 Bob ColemanFounder & Publisher Movers & Shakers — Long, Gunderson, Spata, Luckett, Stoneman, Clinton Savings Bank Paul Long Promoted to Vice President, SBA Lending, GESA Credit Union Arnie Gunderson Senior Vice President, SBA Administrator, Mountain Pacific Bank Tip Spata VP & SBA Business Development Officer/Sales Lead, Texas First Bank Tréd Luckett, Vice…
Read MoreSBA SOP 50 56 1: Lender Participation Requirements
SOP 50 56 1 Lender Participation Requirements is Effective August 1, 2023 • Criteria for 7(a) Lenders and Certified Development Companies to participate in SBA lending programs;• The different types of delegated authority SBA grants to SBA Lenders;• How SBA Lenders maintain their participating status with SBA;• A brief overview of how SBA oversees its…
Read MoreSBA SOP 50 57 3.1: 7(a) Loan Servicing and Liquidation
The SBA SOP 50 57 3.1 sets forth the standard operating policies and procedures of the Small Business Administration (“SBA”) that apply to the administration of 7(a) Loans that have been fully disbursed and are in “regular servicing” or “liquidation” status. This edition is effective as of December 1, 2024. Paperback Available on Amazon for…
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