NJ Loan Broker Pleads Guilty in $7 Million SBA Hotel Flip Scheme

August 8, 2025 Bob ColemanFounder & Publisher Fraud Friday: NJ Loan Broker Pleads Guilty in $7 Million SBA Hotel Flip Scheme A New Jersey loan broker has pleaded guilty to a complex SBA 7(a) loan fraud scheme that exploited hotel transactions, fake equity injections, and concealed ownership to defraud lenders out of millions. Jennifer Watkins,…

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Movers & Shakers: Tonya Mazurek, Van Phan, & Alfonso Castell De Oro

August 7, 2025 Bob ColemanFounder & Publisher Movers & Shakers: Tonya Mazurek, Van Phan, & Alfonso Castell De Oro Tonya Mazurek Joins Community Bank & Trust as Senior Vice President, SBA BDO “I’m excited to join a team of top-notch SBA professionals here at Community Bank & Trust,” says Tonya. “This role allows me to…

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A Coleman Conversation: Shay Kleinschmidt

August 6, 2025 Bob ColemanFounder & Publisher In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Shay Kleinschmidt, Vice President of Lending at FranFund and a 2019 Coleman Emerging SBA Lender of the Year. Shay shares her unique path into small business lending, the rapid growth of franchise financing, and her…

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Meet the Candidates: Charles Rho & Diane Heyden for NAGGL Board

Meet the Candidates: Charles Rho & Diane Heyden for NAGGL Board A Coleman Conversation: Charles Rho In this episode of A Coleman Conversation, Bob Coleman speaks with Charles Rho, President of VelocitySBA and a candidate for the NAGGL Board of Directors. With over 20 years of experience in commercial finance, including a high-level tenure at…

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Georgia Businessman Brandt Frost IV Accused of Operating $140 Million Ponzi Scheme

August 1, 2025 Bob ColemanFounder & Publisher Georgia Businessman Brandt Frost IV Accused of Operating $140 Million Ponzi Scheme Brandt Frost IV, a Georgia-based businessman, has been charged by the Securities and Exchange Commission (SEC) for allegedly operating a $140 million Ponzi scheme through his company, First Liberty Building & Loan. According to the SEC’s…

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Movers & Shakers: Andrew Bond, Travis Dribble, & Kim Eells

July 31, 2025 Bob ColemanFounder & Publisher Movers & Shakers: Andrew Bond, Travis Dribble, & Kim Eells Countybank’s Andrew Bond Elected Assistant Vice President “Andrew is a key member of the commercial banking team in the Upstate, and this promotion is well deserved,” says David Tompkins, Senior Vice President and Commercial Banking Manager. “Andrew works…

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A Coleman Conversation: Ray Drew

July 30, 2025 In this week’s episode of A Coleman Conversation, Bob Coleman speaks with Ray Drew, Managing Director of SBA Lending at Truliant Federal Credit Union and host of The Art of SBA Lending podcast. Ray is currently running for a seat on the NAGGL board of directors, bringing a fresh, next-generation perspective to…

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SBA $10 Million Loan Cap Passes Committee, Moves to Full Senate Vote

July 28, 2025 Bob ColemanFounder & Publisher Main Street Monday: SBA $10 Million Loan Cap Passes Committee, Moves to Full Senate Vote The Senate Small Business & Entrepreneurship Committee has given bipartisan approval to a bill that known as the Made in America Manufacturing Finance Act (S. 1555) — the legislation proposes raising the loan…

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