Coleman Report

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…

February 19, 2026 Bob ColemanFounder & Publisher Movers & Shakers — Business Finance Capital Welcomes New BDOs: Craig Samson & George Christidis Craig Samson Named Senior Vice President, Business Development Officer at Business Finance Capital Craig Samson is a business development executive with over a decade of experience in commercial real estate financing and infrastructure-focused…

Newtek — 2026 Coleman Report SBA AwardsTitle: Newtek Bank Receives Awards for Lending Capabilities and for Deposit Accountshttps://www.gurufocus.com/news/8623204/newtek-bank-receives-awards-for-lending-capabilities-and-for-deposit-accounts TMC Financing — 2026 Coleman Report SBA AwardsTitle: TMC Financing Named 2026 SBA Underserved Market Lender of the Year and More by Coleman Reporthttps://www.tmcfinancing.com/2026-sba-lender-of-the-year-coleman-report/ SomerCor — CDC of the Year RecognitionTitle: SomerCor Awarded CDC of the Year…

February 12, 2026 Bob ColemanFounder & Publisher A Coleman Conversation: Bill Broydrick In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Bill Broydrick, founder of Broydrick & Associates and a leading advocate for rural America through the National Rural Lenders Roundtable (NRLR). Bill shares insights from his decades of public policy…

February 12, 2026 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday: SBA Citizenship Eligibility Standards Effective March 1 A recap of SBA’s Procedural Notice.   Who is eligible • U.S. Citizens, including individuals born in American territories.• U.S. Nationals, including individuals born in American Samoa and Swains Island.• Naturalized citizens with no special restrictions.  Who is…

February 12, 2026 Bob ColemanFounder & Publisher Kentucky Pastor Gets 2 Years in Jail for PPP Loan Fraud, Played the Congressional Intervention Card John Hopkins tried for $1,729,257. He secured $517,000. After the SBA funds were disbursed, Hopkins promptly converted the fraud into personal expenditures. He conducted numerous transactions exceeding $10,000, using the proceeds to…

February 12, 2026 Bob ColemanFounder & Publisher SBA Issues Procedural Notice on Updated Citizenship and Residency Requirements Yesterday, SBA issued Procedural Notice 5000-876626 – Revised Applicant Ownership Citizenship and Residency Requirements for 7(a) and 504 Loans. The Procedural Notice updates SOP 50 10 to incorporate recent policy changes outlined in SBA Policy Notice 5000-876441. Effective…

February 12, 2026 Bob ColemanFounder & Publisher Stone Bank Expands SBA Division with Additions of Campbell, del Toro, Young, & Foster Stone Bank has announced the addition of four new hires to its team. Their SBA Division is ranked nationality in the top 80 in dollar volume and volume rank at 38. Francis Campbell has…