Movers & Shakers — Megan Kistler, Scott Clark, & Tri Counties Bank

June 12, 2025 Bob ColemanFounder & Publisher Movers & Shakers — Megan Kistler, Scott Clark, & Tri Counties Bank FNB Community Bank Promotes Megan Kistler To Commercial Loan Officer, Assistant VP “After nearly 10 years in credit analysis, I’ve come to really appreciate the people behind the numbers,” says Megan. “I’m excited for this new chapter in…

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House Passes SBA Loan Agent Oversight Act

June 10, 2025 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — House Passes SBA Loan Agent Oversight Act Last Wednesday, the House overwhelmingly passed legislation on a bipartisan 405-3 vote to enhance transparency of SBA loan agents, addressing concerns about SBA loan fraud. The bill mandates that the SBA submit an annual report to…

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SBA 7(a) Manufacturing Lending Up 74%

June 9, 2025 Bob ColemanFounder & Publisher Main Street Monday — SBA 7(a) Manufacturing Lending Up 74% Rep. Nick LaLota’s exchange with SBA Administrator Kelly Loeffler in last week’s committee hearing follows: Representative La Lota: “When you were on Long Island, do you remember the technology company, Orbic, that we met?” Administrator Loeffler: “I do,…

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Hard Money Lending Gone Wrong in the Bitwise Collapse

June 6, 2025 Bob ColemanFounder & Publisher Fraud Friday: Hard Money Lending Gone Wrong in the Bitwise Collapse This week on Fraud Friday, we’re diving into the case of Andrew Adler, a hard money lender whose actions contributed to the financial downfall of Fresno-based startup Bitwise Industries. Adler was recently sentenced to three years and…

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Movers & Shakers – Mathewson, Von Woglom, Arana

June 5, 2025 Bob ColemanFounder & Publisher Movers & Shakers – Mathewson, Von Woglom, Arana Ben Mathewson Joins Stone Bank as Vice President/USDA Government Guaranteed Loan Officer Ben Mathewson has joined Stone Bank as a Vice President and USDA Government Guaranteed Loan Officer. He was formerly Market President, Production for North Avenue Capital in Boerne,…

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C-Suite Wednesday: Watch Today’s SBA Budget Hearing Live

June 4, 2025 Bob ColemanFounder & Publisher C-Suite Wednesday: Watch Today’s SBA Budget Hearing Live Coleman Report will livestream this morning’s House Committee on Small Business hearing, “Budgeting for Growth: Testimony from SBA Administrator Kelly Loeffler,” beginning at 10 AM ET. Watch the livestream here: youtube.com/@ColemanReport This is the first in a series of House Small…

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SBA Issues New SBA 7(a) UPP Effective May 1

June 3, 2025 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — SBA Issues New SBA 7(a) UPP Effective May 1 This Universal Purchase Package was designed to help with the assembly of a guaranty purchase request package for all 7(a) loan types. Please read and follow the instructions provided on each tab. Complying with…

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$25 Million SBA Loan Fraud Exploits Valid IRS Filings

May 30, 2025 Bob ColemanFounder & Publisher Fraud Friday: $25 Million SBA Loan Fraud Exploits Valid IRS Filings Eighteen individuals from Southern California’s San Fernando Valley and Glendale predominately Armenian community are facing federal charges for perpetrating a $25 million scam involving fraudulent SBA PLP and PPP loans. What sets this case apart is how…

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