Fraud Friday – CEO of Palmetto State Bank Accused of Defrauding Families Out of More than $3.75 Million
May 6, 2022 Delaney SextonContributing Editor Fraud Friday – CEO of Palmetto State Bank Accused of Defrauding Families Out of More than $3.75 Million Russell Laffitte checked himself into the Kershaw County Detention Center this morning, prior to his bond hearing, after being named in three superseding indictments from the state grand jury after being…
Read MoreColeman Movers & Shakers – Michael Smith, Binu Tondon, Tom Hurdman, and Linda Anderson
May 5, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Michael Smith, Binu Tondon, Tom Hurdman, and Linda Anderson Appalachian Development Corporation hires Michael Smith as Vice President Appalachian Development Corporation (ADC) welcomes Michael Smith as their new Vice President. He will be working with banks, lenders, credit unions, and small businesses throughout South…
Read MoreExclusive to Coleman Report — Senator Rubio Says PPP Prevented Significant Economic Collapse
May 4, 2022 Delaney SextonContributing Editor Today, Bob Coleman and Chris Hurn of Fountainhead spoke with Coleman’s 2022 Main Street Lender of the Year Award Winner, Senator Marco Rubio, about the Paycheck Protection Program’s role in supporting Main Street America. Senator Rubio reveals what he believed would happen had the government not released the Paycheck…
Read MoreSBA Hot Topic Tuesday – Administrator Guzman Testifies for SBA FY23 Budget Requests
May 3, 2022 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Administrator Guzman Testifies for SBA FY23 Budget Requests “President Biden’s fiscal year 2023 budget builds on the agency’s successes, honing our programs to make it easier for small businesses to grow—especially in communities and areas of our economy where they are needed most: expanding…
Read More2022 SBA Lender Oversight: What you Need to Know And Do — Webinar May 4
Complimentary Coleman Webinar Sponsored Garcia & Ortiz, P.A., Blue Foundry Bank, and Windsor Advantage 2022 SBA Lender Oversight: What you Need to Know And DoWed, May 4, 2022 2:00 PM – 3:15 PM EDTRegister for Free: https://global.gotowebinar.com/register/260166147Dial +1 (213) 929-4212Access Code: 455-028-702Webinar ID: 260-166-147Download Handouts OverviewSBA Lender Oversight in 2022SBA’s New Lender Enforcement PowersOCRM’s Evolving…
Read MoreFraud Friday – Another Former banc-serv Employee Sentenced for Fraud?!
April 29, 2022 Delaney SextonContributing Editor Fraud Friday – Another Former banc-serv Employee Sentenced for Fraud?! Michael Slater, the Founder and President of Vital Financial Services, was sentenced to 14 months in prison earlier this month in the Valley Bank fraud case, but prosecutors argued for a sentence of almost 5 years. Since Slater has…
Read More10 Pitfalls in SBA 7(a) Loan Closing — Webinar 5/18
4 Easy Ways to Order!Pay Online with Paypal here Email bob@colemanreport.com to charge your credit card on file Fax a Registration Form to 818 790 7859 Call Joseph Coleman at 818 790 4591 ex 1 A 75 minute video webinar your staff can participate in.A Coleman WebinarDate: Wednesday, May 18, 2022Time: 2:00 p.m. EasternDownload a…
Read MoreColeman Movers & Shakers – Davina Bergin, Michael Hughes, Travis Wheeler, and Andrew Harris
April 28, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Davina Bergin, Michael Hughes, Travis Wheeler, and Andrew Harris Evolve Bank & Trust Appoints Davina Bergin as President, SBA Lending Division “Davina’s experience is second-to-none,” says Scott Stafford, President and CEO of Evolve. “She has committed her entire career to SBA Lending. Her expertise…
Read MoreC-Suite Wednesday – Two-Thirds of New Jobs are Created by Small Businesses
April 27, 2022 Delaney SextonContributing Editor C-Suite Wednesday – Two-Thirds of New Jobs are Created by Small Businesses “The COVID-19 pandemic brought economic recession and the most severe decline in employment since the Great Depression,” writes Daniel Wilmoth. The SBA Office of Advocacy released a new report about small business job creation and losses throughout…
Read MoreSolve sam.gov and Background Check Compliance with a Coleman Confidential Data Report
NOW, you can order a data report for individuals and businesses that summarizes the most important data for you to determine SBA loan eligibility. Presented in a one page sheet, followed by supporting documentation, the Coleman Confidential Data Report gives you a summary of public data. Simply provide a name and address and we’ll produce…
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