Coleman Report

November 6, 2026 Bob ColemanFounder & Publisher Fraud Friday: Credit Union CEO Steals $69 Million, Lists Office for Delivery of $88,000 Cartier Watch Fifteen Years of Theft and Falsified Financial Statements Bring Down a 73-Year-Old Credit Union The invoice was for an $88,275 Cartier watch. The purchaser was Leigh Bridges. The shipping address was Jackson…

November 5, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Paul Pickhardt, Alan Thomes, Brian Holt & Colleen Brady Paul Pickhardt to Retire from Climate First Bank; Alan Thomes to Lead SBA Division Paul Pickhardt, EVP, Director of Government Guaranteed Lending at Climate First Bank, will retire on December 31, 2026, following a distinguished career…

November 4, 2026 Bob ColemanFounder & Publisher A Coleman Conversation: Jim Kahler In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Jim Kahler, Director of Operations at Gulf Coast Small Business Lending, to discuss his career in SBA lending, the growth of Gulf Coast’s nationwide lending operations, and the evolving challenges…

November 3, 2026 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday: Fed Reports Weaker Small Business Loan Demand as Credit Standards Slightly Edge Tighter Only 4 of 59 Banks Tightened Small Business Credit Standards, While 91.5% Reported No Change Small business loan demand weakened in the third quarter of 2026, and banks reported modest tightening…

November 2, 2026 Bob ColemanFounder & Publisher Main Street Monday: USDA Suspends B&I Loan Applications November 20 USDA will not accept new Business and Industry (B&I) Guaranteed Loan applications and servicing requests through its OneRD portal at 5 p.m. Eastern beginning on Friday, November 20.  USDA says, “If an application or servicing request is incomplete,…

October 30, 2026 Bob ColemanFounder & Publisher Edwin Brant Frost IV, 69, was sentenced Monday to 15 years in federal prison and ordered to pay $76.45 million in restitution for a Ponzi scheme that victimized more than 300 investors. As I reported in previous Fraud Friday articles, Frost operated First Liberty Building and Loan, promising investors…

October 29, 2026 Bob ColemanFounder & Publisher Movers & Shakers: C. Han Kim, Tina Wickert, Richard Huynh & Greg Cocchi C. Han Kim Joins United Midwest Savings Bank as Senior Vice President C. Han Kim has joined United Midwest Savings Bank as Senior Vice President and Senior SBA Commercial Loan Officer, bringing more than 30…

Coleman Online Certification Training Coleman Certified AI Applications for SBA Lending Training Learn how to use artificial intelligence to analyze financial statements, review bank statements, prepare SBA credit memos, research SOP requirements, and streamline loan processing, closing and servicing. Coleman’s 10-week online certification program teaches SBA lending professionals how to use ChatGPT, Microsoft Copilot and…

October 27, 2026 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday: SBA Clarifies Acquisition Rules, Corrects 7(a) Guaranty Fees and Expands ICAP 24-Month Owner-Buyout Test, New Quality-of-Earnings Flexibility and 250 Lenders Testing SBA’s New Platform SBA clarified how lenders evaluate business acquisitions, calculate equity injections and document Quality-of-Earnings reviews during its October 20 Connect Call. …

October 26, 2026 Bob ColemanFounder & Publisher Main Street Monday: The Supply Chain Problem Is Back My cousin works in transportation logistics at the Port of Los Angeles. She tells me the port is busier than she has seen since COVID. The Port of Los Angeles confirms the surge. It handled a record 1,042,652 container…