Coleman Report

March 6, 2026 Bob ColemanFounder & Publisher Fraud Friday: The $1 Million SBA Loan That Never Existed In the fall of 2023, the co-owners of a local children’s music school in Fairfield, Connecticut, filled out an online form seeking information about a business loan. Shortly afterward, they were contacted by someone claiming to represent Merchant…

March 5, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Brett Bawden, Mark Davis, & Tyler Hegemann Truliant Appoints Brett Bawden as SBA Officer for Western U.S. “Truliant has one of the strongest SBA 7(a) lending platforms in the country, especially for business acquisition,” Bawden says. “The opportunity to expand that reach across the western…

March 4, 2026 Bob ColemanFounder & Publisher A Coleman Conversation: Zach Balmer In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Zach Balmer, SBA Business Development Officer at Lexicon Bank, to explore his journey from starting as a bank teller in Idaho to becoming a national SBA lender serving all 50…

SBA Hot Topic Tuesday —  SBA Secondary Market LoanList Enhancements LoanLIST is a secondary market application that allows stakeholders to research loan information and payment history. The application provides up‑to‑date loan and payment data to enable users to perform their business procedures, e.g., Pooling, Asset Sale.  Effective February 19, 2026, several LoanLIST enhancements will be…

Softening traffic, lingering inflationary pressure, and growing competition not only from other QSR concepts but also from grocery-prepared foods are forcing operators to get sharper on pricing. But consumer expectations of value have evolved. It is no longer just about the lowest price. It is portion size, perceived quality, menu variety, and customization. Value has…

February 27, 2026 Bob ColemanFounder & Publisher Banker Takes $26,000 in Bribes, Loses Career, Faces Federal Prison  Edward Low, a former TD Bank employee based in New York, admitted to accepting at least $26,700 in bribes in exchange for exploiting his internal bank access to facilitate fraud schemes that resulted in losses of more than…

February 26, 2026 Bob ColemanFounder & Publisher Movers & Shakers: EverBank, Andrew Hendricks, Kurt Chambliss, & LaZarius Tinsley EverBank Awarded SBA Preferred Lender Status “Achieving Preferred Lender status is an exciting milestone in the growth of our SBA Lending business and our commitment to serving clients with excellence,” says Steve Doss, Head of SBA and…

February 24, 2026 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday: Harvest, #15 SBA 7(a) Lender Announces Merger Harvest Small Business Finance, Laguna Hills, California, is one of 16 SBLCs and focuses on small-business and owner-occupied commercial real estate financing.  In fiscal year 2025, Harvest produced 472 SBA 7(a) loans totaling $446 million, reflecting an…

February 23, 2026 Bob ColemanFounder & Publisher Main Street Monday: SBA Replaces Its January 16 Small Loan 7(a) SOP Notice. Here Is What Changed. SBA has already replaced a just-released procedural notice. On January 16, SBA issued Procedural Notice 5000-875701, eliminating the SBSS Score for 7(a) Small loans, under $350,000, effective March 1, 2026. Last Friday,…

February 20, 2026 Bob ColemanFounder & Publisher Fraud Friday: What People Will Do for a Rare Pokémon Card The recent news of WWE wrestler Logan Paul selling a Pokémon Pikachu card for $16 million plus reinforces the popularity of collecting these rare cards. And a Georgia man wanted one back in 2020. And so he…