How to Underwrite SBA Borrower Cash Flow Projections — Webinar 9/21

A Live Streaming Webinar How to Underwrite SBA Borrower Cash Flow ProjectionsEnsure Underwriters are Compliant with SBA’s Underwriting SOP A Coleman WebinarDate: Wednesday, September 21, 2022Time: 2:00 p.m. EasternDownload Registration Form In recent years, the SBA’s Inspector General has issued scathing audit reports criticizing several lenders of their underwriting practices for borrower projections. The OIG…

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Fraud Friday – The First False Claims Act Settlement from a PPP Lender

September 16, 2022 Delaney SextonContributing Editor Fraud Friday – The First False Claims Act Settlement from a PPP Lender “The settlement announced today is believed to be the nation’s first settlement with a PPP lender pursuant to the False Claims Act. The settlement amount also reflects Prosperity Bank’s efforts to cooperate with the government’s investigation…

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Coleman Movers & Shakers – Amy Petrilla, Austin Simpson, Tim Doyle, and VelocitySBA

September 15, 2022 Delaney SextonContributing Editor Coleman Movers & Shakers – Amy Petrilla, Austin Simpson, Tim Doyle, and VelocitySBA PlainsCapital’s Fort Worth Commercial Lending Team Welcomes Amy Petrilla as EVP “We are very pleased to welcome Amy,” says Fort Worth Region Chairman Mark Warren. “With more than three decades in the industry, she brings an…

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SBA Hot Topic Tuesday – Unfilled Job Positions Remains an Issue Across Industries

September 13, 2022 Delaney SextonContributing Editor SBA Hot Topic Tuesday – Unfilled Job Positions Remains an Issue Across Industries “Small business owners in various industries continue to manage historic economic headwinds that are impacting their day-to-day business,” says Holly Wade, the Executive Director of NFIB’s Research Center. “Each industry is handling a unique set of…

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Fraud Friday – Man Steals Millions from PPP, EIDL, and a Religious Organization

September 9, 2022 Delaney SextonContributing Editor Fraud Friday – Man Steals Millions from PPP, EIDL, and a Religious Organization “Kenneth Gaughan is facing the consequences for defrauding his employer for years and then enriching himself with taxpayer funds meant to help businesses and employees at a time of crisis,” says IRS-CI Special Agent in Charge…

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