FDIC v. Washington Federal Bank
Our Reporting: Fraud Friday – FDIC Seeking 14.5M From Dead Bridgeport Banker’s Estate Fraud Friday — Key Player In Fraud Investigation Taken into Custody After Seeking to Exhume Bank President’s Body
Read MoreU.S. v. Kerri Agee, et al.
Our Reporting: Fraud Friday — Uh Oh, FBI Raids Banc-serv Campus, Locks Doors Fraud Friday — “They Got Us” CEO of banc-serv Indicted for $10 Million Loan Fraud Scheme” Fraud Friday – “Working Capital” Fits better than “Past Due Payroll Taxes” Fraud Friday – “They Got Us” Swapping Business Owners Fraud Friday – banc-serv Second…
Read MoreColeman Movers & Shakers – Brian Comiskey, LRM Lender Consultants, and Patriot Bank
February 25, 2021 Caity RoachEditor Coleman Movers & Shakers – Brian Comiskey, LRM Lender Consultants, Patriot Bank Brian Comiskey Named Chief Credit Officer at SomerCor “Brian has played a pivotal role in growing our loan origination and streamlining our operations,” says Manuel Flores, SomerCor President and CEO. “Brian’s deep knowledge of the SBA 504 program…
Read MoreHow to Prepare a Credit Memo that gets SBA Loan Approval and Passes SBA Review — Webinar 3/9
NEW SBA COVID Underwriting Rules Webinar How to Prepare a Credit Memo that gets SBA Loan Approval and Passes SBA Review What 7(a) and 504 Underwriters Need to Know about SBA’s COVID-19 Loan Emergency Guidance SOURCES: SBA SOP 5010 6 Effective October 2020 SBA Notice 5000-20042 Effective August 2020 SBA Notice 5000-20057 Effective October 2020…
Read MoreC-Suite Wednesday – Participate in Coleman’s SBA Department Compensation Survey and Receive a Free Report!
February 24, 2021 Caity Roach Editor C-Suite Wednesday – Participate in Coleman’s SBA Department Compensation Survey and Receive a Free Report! Your SBA lending team is invited to participating in Coleman’s 28th annual SBA department compensation survey. Survey results will be bundled and sold along with other essential data needed to support your compensation plan…
Read MoreSBA Hot Topic Tuesday – Upcoming Changes to the Paycheck Protection Program
SBA Hot Topic Tuesday – Upcoming Changes to the Paycheck Protection Program The Biden-Harris Administration and the SBA announced yesterday that they will be taking steps to further promote equitable relief for America’s mom-and-pop businesses by revising certain aspects of PPP. Here is what we currently know about the changes: The 14-day Exclusivity Period for…
Read MoreFlash Report – Biden-Harris Administration and SBA Prioritize the Smallest of Small Businesses
February 22, 2021 Caity RoachEditor Flash Report – Biden-Harris Administration and SBA Prioritize the Smallest of Small Businesses “The SBA is a frontline agency working to create an inclusive economy, focused on reaching women-owned, minority-owned, low- and moderate-income, rural, and other underserved communities in meaningful ways,” says SBA Senior Advisor Michael Roth. “While reported data…
Read MoreMain Street Monday – New York City Restaurants Report 57% Decrease in Employment
February 22, 2021 Caity RoachEditor Main Street Monday – New York City Restaurants Report 57% Decrease in Employment “We’re nearly a year into the public health and economic crisis that has decimated New York City’s restaurants, bars, and nightlife venues,” says Andrew Rigie, executive director of the NYC Hospitality Alliance. “While the reopening of highly…
Read MorePPP Answer Desk
PPP Answer DeskNew–Ask an Expert Forum! A Members-only Forum Providing answers SBA can’t! Coleman’s PPP Answer Desk can speed PPP loan and forgiveness approval dramatically. The PPP Answer Desk helps you overcome frustrating hold codes and processing delays. $497 Membership per Year per Institution Join us Now in Beta! Fully Operational by Friday, 26th —…
Read MoreColeman Movers & Shakers – Renèe Bender, Margaret Griffin, and Jenni Shover
February 18, 2021 Caity RoachEditor Coleman Movers & Shakers – Renèe Bender, Margaret Griffin, and Jenni Shover Renèe Bender Joins NADCO as New Vice President of Government Relations Renée Bender joins NADCO from the SBA, where she served as a Senior Advisor in the Office of Rural Affairs and focused on access to capital and…
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