Main Street Monday – New Kabbage Data Points to Continued Economic Growth
December 16, 2019 By: Mary Miller Contributing Editor, Main Street Monday Main Street Monday – New Kabbage Data Points to Continued Economic Growth According to the Kabbage Small Business Revenue Index, small businesses across the U.S. reported overall strong revenue growth in every state and industry in the first half of this calendar year. The…
Read MoreFraud Friday– All Federal Charges Dismissed Against James Graber and Kristin King
December 13, 2019 By Caity Witucki Contributing Editor, Fraud Friday Fraud Friday– All Federal Charges Dismissed Against James Graber and Kristin King A United States District Court judge has ordered all charges against all defendants, including Greenberg Traurig, LLP client James Graber, to be dismissed in the long-running case of two bank officers and a…
Read MoreColeman Movers & Shakers — John Davis, Patti Kibbe, and Randy Kyle
December 12, 2019 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — John Davis, Patti Kibbe, and Randy Kyle CapStar Bank Hires John Davis as New Chief Operations and Technology Officer CapStar Bank has hired John A. Davis as Executive Vice President, Chief Operations and Technology Officer. Davis will lead…
Read MoreColeman’s SBA Compliance Report – Certified Development Company Corporate Governance Requirements
December 11, 2019 By Caity Witucki Contributing Editor, Coleman’s SBA Compliance Report Coleman’s SBA Compliance Report – Certified Development Company Corporate Governance Requirements On December 4, 2019, the Federal Register published the final rule on streamlining and modernizing certified development company program corporate governance requirements. The Top 10 Changes You Should Be Aware Of: Any…
Read MoreC-Suite Wednesday – Senator Risch Addresses Rural Access to Capital at the National Rural Lenders’ Roundtable
December 11, 2019 By Caity Witucki Contributing Editor, C-Suite Wednesday C-Suite Wednesday – Senator Risch Addresses Rural Access to Capital at the National Rural Lenders’ Roundtable On December 4, 2019, Senator Risch (R ID) spoke at the National Rural Lenders’ Roundtable in Washington DC. “In my years of service to Idaho I have seen firsthand…
Read MoreSBA Hot Topic Tuesday – Senate Nomination Hearing for New SBA Administrator
December 10, 2019 By Caity Witucki Contributing Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday – Senate Nomination Hearing for New SBA Administrator On December 11, 2019, at 2:30 PM EST, The Senate Committee on Small Business and Entrepreneurship will hold a nomination hearing for Jovita Carranza. A livestream will be available on the…
Read MoreMain Street Monday – Main Street Optimism Levels Remain High
December 9, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Main Street Optimism Levels Remain High As economists and investors debate whether or not a recession looms on the horizon, small business owners remain cautiously optimistic. “The small business people are at the end of the supply chain. If it’s…
Read MoreFraud Friday– Three Marijuana Businessmen Fraudulently Obtain SBA Funding
December 6, 2019 By Caity Witucki Contributing Editor, Fraud Friday Fraud Friday– Three Marijuana Businessmen Fraudulently Obtain SBA Funding In June 2019, the SBA issued a Notice of Suspension to three marijuana business entrepreneurs, prohibiting their participation in SBA programs. According to the OIG, the SBA suspension and debarment official reviewed pending criminal charges against…
Read MoreColeman Movers & Shakers — Stone Bank, Suzanna Caballero, and Elaine Fairman
December 5 2019 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Stone Bank, Suzanna Caballero, and Elaine Fairman Stone Bank Recognized as Top Arkansas SBA Lender Stone Bank was recently recognized by the Arkansas Division of the U.S. Small Business Administration as being the top SBA lender in Arkansas…
Read MoreColeman’s SBA Compliance Report – SBA Recommends New Corrective Enforcement Actions for High-Risk Lenders
December 4, 2019 By Caity Witucki Contributing Editor, Coleman’s SBA Compliance Report Coleman’s SBA Compliance Report – SBA Recommends New Corrective Enforcement Actions for High-Risk Lenders According to SBA SOP 51 00, one of the objectives of on-site reviews is to ensure that lenders take prompt and effective corrective actions, as deemed appropriate. However, a…
Read More