American Lending Center Celebrates 15 Years of Growth
June 4, 2024 Delaney SextonContributing Editor American Lending Center Celebrates 15 Years of Growth “We started with three employees in a small office in Long Beach,” Shen recalls at a celebration on Friday, May 31. “Today we have 60 employees on the payroll. When we started and got our first investor for $500,000, we were excited. Then…
Read MoreWyoming Small Businesses: Five Fast Facts
June 4, 2024 Delaney SextonContributing Editor Wyoming Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Wyoming Small Business Profile
Read MoreColeman’s SBLC Update
A Monthly Intelligence Report for SBLC Executives; Includes a Monthly SBLC Issues Zoom Meeting As a SBLC executive, you know the challenges of staying ahead in an ever-evolving landscape. Regulations shift, market conditions fluctuate, and the competition is relentless. And don’t forget the challenge of your SBLC operating under SBA’s designation as a “high-risk” lender.…
Read MoreKris Roglieri Arrested for Fraud Charges and Scheduled to Appear in Court Today
June 3, 2024 Delaney SextonContributing Editor Kris Roglieri Arrested for Fraud Charges and Scheduled to Appear in Court Today After talking about Roglieri’s legal woes and an ongoing federal investigation for months, there was finally an announcement. On Friday, Kris was arrested for wire fraud and appeared in Albany before a Judge. Over the weekend,…
Read MoreWisconsin Small Businesses: Five Fast Facts
June 3, 2024 Delaney SextonContributing Editor Wisconsin Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Wisconsin Small Business Profile
Read MoreBank Manager Admits to Organizing a Multistate PPP Fraud Scheme – Fraud Friday
May 31, 2024 Delaney SextonContributing Editor Bank Manager Admits to Organizing a Multistate PPP Fraud Scheme + Schemes from His Fellow Fraudsters – Fraud Friday In 2020 and 2021, Tommy Hawkins worked as the branch manager of a national bank that accepted PPP applications. According to LinkedIn, Tommy Hawkins was a branch manager at Citizens…
Read MoreColeman Report Live! May 31, 2024 — Fraud Friday @ 1PM EST
Watch on Teams Watch on Youtube Host: Bob Coleman, Owner/Editor, Coleman Report Guest: Delaney Sexton, Editor, Coleman Report
Read MoreNew Criminal Justice Reviews Final Rule Goes Into Effect Today
May 30, 2024 Delaney SextonContributing Editor New Criminal Justice Reviews Final Rule Goes Into Effect Today The SBA final rule updates program regulations regarding eligibility based on criminal history records. Under the 7(a) and 504 loan programs, SBA removed the restriction that limited businesses with an associate who is on probation or parole. Keep in…
Read MoreWest Virginia Small Businesses: Five Fast Facts
May 30, 2024 Delaney SextonContributing Editor West Virginia Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 West Virginia Small Business Profile
Read MoreSBA OIG Investigations Led to 124 Convictions in Six Months
May 29, 2024 Delaney SextonContributing Editor SBA OIG Investigations Led to 124 Convictions in Six Months The SBA Office of Inspector General reported on their work from October 1, 2023, to March 31, 2024. The OIG’s investigations led to 130 indictments and 124 convictions during that period. Their work has resulted in $224.2 million in…
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