Coleman Report Update

A Georgia attorney and former City of Atlanta police officer was convicted of fraudulently obtaining over $7 million in PPP loans last week.  Shelitha Robertson submitted PPP loan applications on four businesses she owned. The applications consisted of photoshopped false tax returns and employment records. Her defense that she was duped by former friend and…

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RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 121 $207,203,900 $1,712,429 2 Wallis Bank (TX) 80 $138,772,200 $1,734,653 3 The Huntington National Bank (OH) 388 $99,083,000 $255,369 4 Newtek Small Business Finance, Inc. (NY) 121 $81,986,100 $677,571 5 Readycap Lending, LLC (NJ) 108 $76,724,800 $710,415 6 First Internet…

RANK Lender # Loans $ Amount Average Loan Size 1 Live Oak Banking Company (NC) 29 $44,210,300 $1,524,493 2 Pinnacle Bank (SC) 25 $25,642,700 $1,025,708 3 SouthState Bank, National Association (FL) 42 $20,273,700 $482,707 4 United Community Bank (SC) 20 $19,160,000 $958,000 5 GBank (NV) 7 $18,850,000 $2,692,857 6 TD Bank, National Association (DE) 121…

RANK Lender # Loans $ Amount Average Loan Size 1 Bristol County Savings Bank (MA) 13 $6,599,800 $507,677 2 Citizens Bank, National Association (RI) 6 $6,060,300 $1,010,050 3 HarborOne Bank (MA) 21 $6,030,000 $287,143 4 Bank Rhode Island (RI) 20 $4,878,500 $243,925 5 Berkshire Bank (MA) 2 $4,727,000 $2,363,500 6 Live Oak Banking Company (NC)…

RANK Lender # Loans $ Amount Average Loan Size 1 Banco Popular de Puerto Rico (PR) 288 $50,625,900 $175,784 2 Oriental Bank (PR) 106 $13,687,400 $129,126 3 FirstBank Puerto Rico (PR) 53 $13,115,900 $247,470 4 BayFirst National Bank (FL) 2 $2,880,000 $1,440,000 5 Economic Development Bank for Puerto Rico (PR) 7 $1,331,000 $190,143 6 Corp.…

Says Marketing Director Tyler Massas, “Jeff Girling is a seasoned professional in commercial real estate finance on a national level, with a notable impact in the Midwest and greater Chicagoland area.  “With a career spanning over two decades, Jeff has earned a reputation for his experience in navigating the intricacies of commercial real estate. His…

Says Marketing Director Tyler Massas, “Prior to Harvest, Marios embarked on a remarkable journey as the Vice President of EM Stellar Capital Solutions. During this tenure, he not only facilitated business loans but also ventured into business ownership, running various enterprises himself. This phase of his career was marked by his assistance to numerous clients…

RANK Lender # Loans $ Amount Average Loan Size 1 The Huntington National Bank (OH) 324 $62,386,300 $192,550 2 Meridian Bank (PA) 71 $54,627,000 $769,394 3 Wilmington Savings Fund Society, FSB (DE) 45 $42,383,400 $941,853 4 Live Oak Banking Company (NC) 25 $38,550,000 $1,542,000 5 Fulton Bank, National Association (PA) 35 $35,698,500 $1,019,957 6 First…

Says Marketing Director Tyler Massas, “Salim Pirbhai is a seasoned entrepreneur and business leader with 28 years of success in the United States. Originally from London, Salim’s entrepreneurial journey began with a furniture store in South London, sparking his passion for business and financing. “For 24 years, Salim thrived in the automotive industry, excelling in…