Fraud Friday: $55 Million Bank Loan Fraudster’s Fake Paper Trail Nets 6 Years in Prison
January 23, 2026 Bob ColemanFounder & Publisher Fraud Friday: $55 Million Bank Loan Fraudster’s Fake Paper Trail Nets 6 Years in Prison Rahul Shah was sentenced to 6 years in prison for fraudulently obtaining over $55 million in commercial loans and lines of credit. He was also convicted of PPP loan fraud for a $441,138…
Read MoreNew SOP 50 57 4: SBA Mandatory Deadlines and Expanded Guaranty Repair and Denial Guidance — 2/11
What every SBA lender must know events that trigger the 24-month liquidation clock, 30-day Wrap-Up Report rule, and the expanded list of guaranty repair triggers .. A Coleman Training WebinarDate: Wednesday, February 11, 2026Time: 2:00 p.m. EasternIncludes e-certification & recording SBA lenders are facing a wave of new compliance challenges with SOP 50 57 4,…
Read MoreMovers & Shakers: Jackie Bogdan, Randy Jones, & Dogwood State Bank
January 22, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Jackie Bogdan, Randy Jones, & Dogwood State Bank Jackie Bogdan Joins Northwest Bank as Director of SBA Operations “Jackie’s depth of experience in SBA operations and her proven ability to build scalable, compliant platforms make her an incredible asset to Northwest Bank. Her leadership will…
Read MoreSBA 7(a) Connect Call Recap — SOP 50 57 4, SBA Notices, SBSS Score Sunset
January 21, 2026 Bob ColemanFounder & Publisher SBA 7(a) Connect Call Recap — SOP 50 57 4, SBA Notices, SBSS Score Sunset Before getting into policy changes, Associate Administrator of Capital Access Thomas Kimsey opened yesterday’s SBA 7(a) Connect Call with a recap of FY25 results (more than $45 billion delivered across 85,000 loans). SBA’s…
Read MoreSBA Hot Topic Tuesday — Inspector General Calls for More Oversight of Nonbank Lenders, LSPs and Agents
January 20, 2026 by Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — Inspector General Calls for More Oversight of Nonbank Lenders, LSPs and Agents One of the challenges facing SBA is its oversight of lenders the Inspector General says for 2026. This is what the OIG concludes: It is vital that the agency continues…
Read MoreUnderwriting & Closing SBA Business Acquisition Loans: From Credit Decision Through Final Disbursement — 2/4
A Coleman Training WebinarDate: Wednesday, February 4, 2026Time: 2:00 p.m. EasternIncludes e-certification & recording In FY 2025, 23.6% of SBA 7(a) loan dollars (over $9 billion) were used for business acquisitions, confirming that change-of-ownership financing remains one of the most active and scrutinized segments of the SBA program. With Baby Boomers still owning approximately 40%…
Read MoreFraud Friday: Wichita Falls Banker Sentenced to 4 Years for $500K PPP & EIDL Loan Fraud
January 16, 2026 Bob ColemanFounder & Publisher Fraud Friday: Wichita Falls Banker Sentenced to 4 Years for $500K PPP & EIDL Loan Fraud Kaylee Lunn, a former vice president of commercial lending, was sentenced to four years in federal prison after pleading guilty to PPP loan fraud and EIDL fraud. Lunn exploited her role inside…
Read MoreMovers & Shakers: Elijiah Gray, Travis Edlund, Michael Burke, & Robert Zazula
January 15, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Elijiah Gray, Travis Edlund, Michael Burke, & Robert Zazula Elijiah Gray Named Senior Vice President, SBA Market Executive at Banesco Elijiah Gray serves as Senior Vice President, SBA Market Executive at Banesco USA, an independent Florida state-chartered bank serving the South Florida and Puerto Rican…
Read MoreA Coleman Conversation: David Parrish
January 14, 2026 Bob ColemanFounder & Publisher A Coleman Conversation: David Parrish In this week’s episode of A Coleman Conversation, Bob Coleman sits down with David Parrish, former SBA leader and longtime federal regulator, to discuss his nearly two-decade career at SBA and his transition into private-sector consulting. David reflects on the weight of accepting…
Read MoreSBA to Eliminate SBSS Scoring System, 7(a) Connect Call on Tues 1/20
January 13, 2026 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — SBA to Eliminate SBSS Scoring System, 7(a) Connect Call on Tues 1/20 The SBA will sunset the Small Business Scoring Service on February 28, 2026. “We have made the decision to discontinue the required use of the SBSS within the underwriting of 7(a)…
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