Cars, Tractors, and Luxury Watches Forfeited After Pleading Guilty to $12.4 Million PPP Fraud – Fraud Friday

April 5, 2024 Delaney SextonContributing Editor Cars, Tractors, and Luxury Watches Forfeited After Pleading Guilty to $12.4 Million PPP Fraud – Fraud Friday Between 2017 and 2018, Tod Ray Keilholz obtained three business loans totaling more than $3.5 million from Hawthorne Bank. His businesses began failing afterward, and his financial concerns started growing. The loans…

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California Launches $25 Million Small Business Loan Fund

  California Launches $25 Million Small Business Loan Fund Additionally, it will support the deployment of $1.1 billion in federal funding separately approved for capital support programs from the California Infrastructure and Economic Development Bank (IBank) and the California Pollution Control Financing Authority. Lenders across the state are expected to leverage the $1.1 billion in…

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Gulf Coast Small Business Lending Announces Hiring of Cathie Hendrix

Gulf Coast Small Business Lending Announces Hiring of Cathie Hendrix From divisional headquarters in DALLAS, TX, April 3rd, 2024 – Gulf Coast Small Business Lending (GCSBL) announced today that it has hired Cathie Hendrix as Senior Vice President – Business Development Officer in Oregon. “Cathie is a fantastic addition to our Gulf Coast Small Business…

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Coleman’s Certified SBA Loan Training 2025

Coleman’s Certified SBA 7(a) Advanced Loan Closer Training II Coleman’s Certified SBA 7(a) Loan Closer Training Taught by Lance Sexton– 8-week recommended course format (view syllabus here)– NEW: Monthly Loan Closing Zoom Call– Trusted by over 400 SBA 7(a) Loan Closers– Recognize potential problem loans– Speed up your closings– Reduce repair charges– Reduce risk– Elimination…

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