June 17, 2022 Delaney SextonContributing Editor Fraud Friday – Woman Arrested for Using Deceased Infant’s Identity in $1.5 Million PPP Fraud Earlier this month, Ava Misseldine was charged with passport fraud, Social Security number fraud, aggravated identity theft, and fraud in connection to an emergency. The criminal complaint claims that she applied for 16 PPP…

What you Need to Know About Documenting Collateral, Business, and Life Insurance to Protect the SBA Guaranty A 75 minute video webinar your staff can participate in.A Coleman WebinarDate: Wednesday, June 29, 2022Time: 2:00 p.m. EasternDownload a Registration Form Do you know SBA’s SOP referenced 15 different types of insurance SBA lenders must obtain? This…

June 16, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Deepesh Jain, John Chung, Joe Moss, and Ed Goff Lili, a Banking App Built for Small Business Owners, Hires Deepesh Jain as CFO and COO “We are thrilled to welcome Deepesh, bringing a wealth of knowledge and experience to the executive team. We built…

Delaney SextonContributing Editor Nominations Open for Coleman 2022 SBA “BDO” of the Year and SBA BDO Summit Wednesday, October 5 – Thursday, October 6, 2022Arizona Biltmore, Phoenix AZ2400 E Missouri Ave, Phoenix, AZ 85016 Winners must attend! Are you a high-performing SBA Business Development professional or know someone who is? This is the perfect opportunity…

June 14, 2022 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Senate Receives 7 Small Business Bills Passed by the House Last Thursday, seven different bipartisan bills were read to the Senate and referred to the Senate Committee on Small Business and Entrepreneurship after a vast majority of the House agreed to pass each of…

June 13, 2022 Delaney SextonContributing Editor Main Street Monday – NASA Supports Small Businesses to Innovate for Space Exploration “NASA is working on ambitious, groundbreaking missions that require innovative solutions from a variety of sources – especially our small businesses,” says NASA Deputy Administrator Pam Melroy. “Small businesses have the creative edge and expertise needed…

June 10, 2022 Delaney SextonContributing Editor Fraud Friday – ASLAN International Ministry Used PPP Proceeds for Walt Disney World Luxury Home A group known as the “ASLAN International Ministry” received an $8.4 million loan in 2020 after applying for a $6.9 million PPP loan through First Home Bank. ASLAN was established in Ohio in 2005…

June 9, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Shelly Medina, Patrick Becker, and John Ross Shelly Medina Joins Santa Cruz County Bank as SVP and Asset-Based Lending Operations Manager Krista Snelling, President and CEO comments, “We are so happy to welcome Shelly to our newly-formed Asset-Based Lending Division team. The expertise she…

June 8, 2022 Delaney SextonContributing Editor C-Suite Wednesday – Access to Capital is a Top Issue for Veteran Entrepreneurs “Former service members own approximately 1.8 million businesses across the United States, most of which are small. These businesses employ millions of workers, are responsible for over $1 trillion in revenue, and do so much for…

June 7, 2022 Delaney SextonContributing Editor SBA Hot Topic Tuesday – OIG Says SBA Must Develop Effective Risk Oversight Policies and Procedures One of the top eight management and performance challenges facing the SBA is the risk management and oversight practices that need improvement. In the report, the OIG reports that SBA has implemented several…