August 12, 2021 Delaney SextonContributing Editor Coleman Movers & Shakers – Justin Schultz, Karen Hilton, and SBA Lending Conferences Justin Schultz Joins First Bank & Trust as SVP, SBA Lending ManagerJustin joined First Bank & Trust in 2021 with over 20 years of experience in the finance and banking industries, including commercial lending and Small…

August 11, 2021 Delaney SextonContributing Editor C-Suite Wednesday – Women and Supply Chain Stats The SBA Office of Advocacy just released two reports. The first report provides data on women-owned small businesses and their underrepresentation in the small business world. In the other report, the Office of Advocacy outlines supply issues affecting small businesses. Women-Owned…

August 9, 2021 Delaney SextonContributing Editor Main Street Monday – The SBA Direct Forgiveness Portal is Live for Lenders who Opted In “The SBA’s new streamlined application portal will simplify forgiveness for millions of our smallest businesses — including many sole proprietors — who used funds from our Paycheck Protection Program loans to survive the…

August 6, 2021 By Joseph ColemanContributing Editor, Coleman Report INDIANAPOLIS — A Juror from the banc-serv SBA Loan Fraud Trial spoke with Coleman Report (August 5, 2021) about reaching Guilty verdicts for all five defendants late August 4, 2021. Here is the phone interview with the Juror: Coleman Report: Thank you very much for providing…

August 4, 2021 By Bob ColemanPublisher, Coleman ReportJoseph ColemanContributing Editor, Coleman Report ALL FIVE banc-serv Defendants Guilty of SBA LOAN FRAUD Kerri Agee, Co-Founder, CEO — Guilty, 5 counts of Fraud Kelly Isley, Chief Operations Officer — Guilty, 3 counts of Fraud Nicole Smith, Structuring & Eligibility Manager — Guilty, 3 counts of Fraud Chad…

August 5, 2021 Contributing EditorDelaney Sexton Coleman Movers & Shakers – Ross Blanchard and Roxana Rice Reliant Business Valuations’ Ross Blanchard Obtains Coveted ASA Designation“We’re proud to have an equipment appraiser with Ross’ experience and applaud his commitment to obtaining the ASA accreditation, an added value for our team and our clients,” says Neal Patel,…

By Joseph ColemanContributing Editor, Coleman ReportAugust 4, 2021 The banc-serv trial is over and the jury must make tough decisions for Kerri Agee, Kelly Isley, Nicole Smith, Chad Griffin, and Matt Smith. The Government requests jurors to ask themselves if it makes sense all five banc-serv employees were part of a conspiracy to defraud the…

By Joseph ColemanContributing Editor, Coleman ReportAugust 3, 2021 The Government presented their closing arguments to prosecute banc-serv employees Tuesday morning and reminded the jury, “It is what it looks like.” banc-serv had the appearance of following the rules as an LSP while breaking them systematically, says the Government. Government attorneys claim the defendants were so…

August 2, 2021 By Joseph Colemanand Delaney SextonContributing Editors, Coleman Report Final Government witness testimonies wrapped up early Monday afternoon followed by all five defendants quickly waiving their right to testify and a swift defense rest. All motions of dismissal were denied by Chief Judge Tanya Pratt. Prosecutors re-examined LGPC Retired Center Director Frank Pucci,…

By Joseph ColemanContributing Editor, Coleman Report August 2, 2021 LGPC Retired Center Director Frank Pucci (2007-2015) testified during day six of the Kerri Agee banc-serv trial that the SBA 7(a) loan applications submitted by banc-serv would not have been approved had he known their employees used name changing and other deceptive tactics to submit duplicate…