March 3, 2023 Delaney SextonContributing Editor Fraud Friday – Final Fugitive of PPP & EIDL Fraud Ring Extradited from Montenegro After one year of being a fugitive, Tamara Dadyan was extradited by Montenegro and has been returned to the United States. In January 2022, she visited her lawyer’s office before reporting to prison, but she…

March 2, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – Armen Madatyan and Justin Spina Armen Madatyan Joins TMC Financing’s Southern California Team as SVP of Business Development Armen is an industry professional with over 18 years of experience providing financing to small businesses. Most recently, Madatyan worked at another Certified Development Company and prior…

A Live Streaming Training Webinar Solving Difficult SBA Servicing Problems Release of GuarantorsRelease of CollateralOffer in Compromise A Coleman Training WebinarDate: Wednesday, March 22, 2023Time: 2:00 p.m. EasternDownload a Registration Form a 75-minute training class that lets staff earn e-certification There are two types of difficult one-off servicing actions facing lenders — actions facing lenders…

February 28, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Treasury Allocates SSBCI Funds to Four More States “This is a historic investment in entrepreneurship, small business growth, and innovation through the American Rescue Plan that will help reduce barriers to capital access for traditionally underserved communities,” says Secretary of the Treasury Janet L.…

Your SBA lending team is invited to participate in Coleman’s 30th annual SBA department compensation survey. Survey results will be bundled and sold along with other essential data needed to support your compensation plan to all stakeholders. Although survey participants will remain anonymous, they may submit an email address to receive a complimentary copy of…

February 24, 2023 Delaney SextonContributing Editor Fraud Friday – Three Luxury Cars and $2 Million Seized by the Feds in PPP Fraud Case Last week, the Attorney’s Office announced that Mustafa Qadiri was sentenced after obtaining more than $5 million in PPP loans for sham businesses. Although none of the businesses were in operation, he…

A Live Streaming Training Webinar PatriotExpress SBA LoansFY23 Underwriting and Closing Guidance A Coleman Training WebinarDate: Wednesday, March 15, 2023Time: 2:00 p.m. EasternDownload a Registration Form a 75-minute training class that lets staff earn e-certification The Patriot Express Loan Program provides loans of up to $500,000 to military community members, including veterans, service-disabled veterans, active-duty…

February 23, 2023 Delaney SextonContributing Editor Coleman Movers & Shakers – Tony Barengo, Kirby Morris, and Curt Marshall Tony Barengo Now Leading CDC Small Business Finance’s SBA 504 Loan Program “Tony’s 17 years of experience in the 504 sector, coupled with his extremely strong technical expertise, makes him incredibly unique and valuable. We are very…

February 22, 2023 Delaney SextonContributing Editor C-Suite Wednesday – Yelp Reports Significant New Business Growth in the South and Midwest “Findings reveal significant population migration from Western and Northeastern states to Southern and Midwestern areas. Yelp data also uncovers a positive economic impact for local businesses in states that had an increase in share of…

February 21, 2023 Delaney SextonContributing Editor SBA Hot Topic Tuesday – SBA OIG to Continue Work on COVID Fraud in 2023 The SBA Inspector General published their Oversight Plan for 2023 which outlines its audit and review priorities. They plan to continue their “focus on programs and operations that pose the highest risk to SBA…