Kentucky SBA 7(a) Lender Rankings for FY 2023
RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 8 $16,700,200 $2,087,525 2 Stock Yards Bank & Trust Company (KY) 42 $16,628,800 $395,924 3 Republic Bank & Trust Company (KY) 32 $13,744,200 $429,506 4 The Huntington National Bank (OH) 63 $13,066,300 $207,402 5 Community Trust Bank, Inc. (KY) 45…
Read MoreSenate Small Business Chair wants $14 Million for SBA’s OIG for COVID-19 Loan Portfolio Oversight
In one of her first actions as Chair of the U.S. Senate Committee on Small Business and Entrepreneurship Jeanne Shaheen wants SBA’s Inspector General to continue and expand its work of identifying and collecting fraudulent PPP and EIDL loans. Shaheen writes, “Unfortunately, many unscrupulous actors viewed our collective commitment to help deserving small businesses as…
Read MoreKansas SBA 7(a) Lender Ranking for FY 2023
RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 12 $21,245,000 $1,770,417 2 Emprise Bank (KS) 27 $11,744,800 $434,993 3 First Bank of the Lake (MO) 5 $7,929,600 $1,585,920 4 Equity Bank (KS) 16 $7,889,200 $493,075 5 LendingClub Bank, National Association (IL) 5 $7,830,000 $1,566,000 6 Fidelity Bank, National…
Read MoreNew Webinar: CRE in ’24 and Beyond: A Cat 5 or a Mild Storm?
November 14, 1PM EST Register today through Microsoft Teams With the 10-Year Treasury breaching 5% as the Fed keeps rates elevated, is a storm brewing inCommercial Real Estate? The financial press seems to agree. The WSJ said “Real-Estate Doom LoopThreatens America’s Banks,” describing the CRE market as “now in meltdown.” ‘Q3 Bank Earningsshowed increased stress,…
Read MoreColeman Report Live! Monday November 13th @ 1 pm Eastern
Link for Microsoft Town Hall Link for YouTube Today’s Guests John Reosti, American Banker, Community Bank Reporter Lance Sexton, Executive Vice President, Fountainhead Commercial
Read MoreIndiana State 7(a) Lenders Rankings for FY 2023
RANK Lender # Loans $ Amount Average Loan Size 1 The Huntington National Bank (OH) 315 $58,025,500 $184,208 2 Live Oak Banking Company (NC) 26 $31,031,000 $1,193,500 3 Old National Bank (IN) 31 $27,342,300 $882,010 4 Centier Bank (IN) 58 $25,197,100 $434,433 5 Merchants Bank of Indiana (IN) 29 $22,570,400 $778,290 6 First Internet Bank…
Read MoreVets Own 2 Million Small Businesses, Employ 5.5 Million
SBA says veterans own 1,955,191 businesses and employ 5,450,860 Americans. Source: SBA Office of Advocacy, November 2023
Read MoreFraud Friday – President and Controller of Southern Pine Credit Union Plead Guilty to Fraud
November 10, 2023 Delaney SextonContributing Editor Fraud Friday – President and Controller of Southern Pine Credit Union Plead Guilty to Fraud “As leaders of this credit union, the defendants knowingly put their members—local paper mill employees and their families—at great risk with their complex schemes to enrich themselves,” says U.S. Attorney Peter D. Leary. “I…
Read MoreColeman Report Live! Moves to Teams Monday, November 13
Beginning Monday, November 13, you will have two options to view Coleman Report Live! Monday and Friday at 1 pm Eastern at no charge. Additional YouTube videos will be posted every Tuesday, Wednesday and Thursday at 1 pm. We will be able to earn advertising revenue off the YouTube channel once we hit 1,000 subscribers.…
Read MoreMinnesota SBA 7(a) Lender Rankings for 2023
RANK Lender # Loans $ Amount Average Loan Size 1 Frandsen Bank & Trust (MN) 53 $32,125,500 $606,142 2 First Bank & Trust (SD) 24 $32,102,800 $1,337,617 3 BankVista (MN) 97 $30,856,400 $318,107 4 The Huntington National Bank (OH) 144 $28,125,000 $195,313 5 Bremer Bank, National Association (MN) 29 $26,731,600 $921,779 6 U.S. Bank, National…
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