Coleman Report

January 15, 2020 By Caity Witucki Contributing Editor, Coleman’s 2019 SBA Lender Awards Coleman’s 2019 SBA Lender Awards — Coleman 2019 Mission-Based Small Business Lender of the Year Congratulations to Coleman’s 2019 Mission-Based Small Business Lender of the Year, Gary Holmquist! Since joining Community Reinvestment Fund, USA (CRF) in 1992, Gary Holmquist has been a…

January 15, 2020 By Caity Witucki Contributing Editor, Coleman’s SBA Compliance Report Coleman’s SBA Compliance Report — Updates to SBA Form 912 and 4506 Processing The second page of SBA Form 912 has been updated to clarify the Paperwork Reduction Act and the Privacy Act Statement. No changes have been made to the first page.…

January 15, 2020 By Caity Witucki Contributing Editor, C-Suite Wednesday C-Suite Wednesday — Does the SBA Need a PSA Curve? Historically, there has been a lack of loan level prepayment data available to SBA secondary market investors because small business loans have a complex set of circumstances that bring about defaults and prepayments. However, the…

January 14, 2020 By Caity Witucki Contributing Editor, Coleman’s 2019 SBA Lender Awards Coleman’s 2019 SBA Lender Awards — Emerging SBA Lenders of the Year (Under 40) Congratulations to Coleman’s 2019 Emerging SBA Lenders of the Year Matt Craig, Chris Levy, Javier Jorge, Shay Mora, and Daniel Pische! Matt Craig, Fountainhead Commercial Capital A true…

January 14, 2020 By Caity Witucki Contributing Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday – Update on the Re-authorization of the Small Business Act At the Secondary Market Summit in Washington DC, Senate Committee staff member, Renee Bender, provided an update for the re-authorization of the Small Business Act and the Small Business…

January 13, 2020 By Caity Witucki Contributing Editor, Coleman’s 2019 SBA Lender Awards Coleman’s 2019 SBA Lender Awards — SBA Woman Lender of the Year Congratulations to Coleman’s 2019 SBA Woman Lender of the Year Merri Adams. As VP, Senior Commercial Lender at CDC Small Business Finance, Adams is an expert in SBA 504 loans…

January 13, 2020 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – New SBA Director Carranza’s Vision for Small Businesses Jovita Carranza was officially appointed as the SBA Administrator last Tuesday. In her testimony before the Senate Committee on Small Business and Entrepreneurship in December, Carranza shared her goals and future vision…

January 9, 2020 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Benjamin Lanier, Belinda Rosthenhausler, and Nicholas Dell’Olio Seacoast Commerce Bank Hires Benjamin Lanier as New BDO Seacoast Commerce Bank recently announced the hiring of Benjamin Lanier as Senior Vice President and Small Business Administration (“SBA”) Business Development Officer.…

January 8, 2020 By Caity Witucki Contributing Editor, C-Suite Wednesday C-Suite Wednesday — Coleman 2019 Main Street Lenders of the Year Congratulations to Coleman’s 2019 Main Street Lenders of the Year, John Kropf and Tareasa Harrell. John Kropf, Growth Capital Corporation John Kropf has been President & Executive Director for Growth Capital Corporation since 2005.…

January 8, 2020 By Caity Witucki Contributing Editor, C-Suite Wednesday C-Suite Wednesday – SBA FY 2020 Performance Goals In 2018, the SBA organized a strategic performance plan to ensure accountability and track progress toward agency-wide goals. The plan spanned 2018 through 2022 and contained four objectives: support small business revenue and job growth, build healthy…