Coleman Report
SBA Inspector General is Requesting $67.4 Million for its Total 2025 Budget
April 8, 2024 Delaney SextonContributing Editor SBA Inspector General is Requesting $67.4 Million for its Total 2025 Budget $47.02 million will be used for direct discretionary funding, and $20.38 million will be transferred from the SBA Disaster Loan Program. The Inspector General is requesting to transfer $16.674 from the SBA Disaster Loan Program account to…
Read MoreBob Coleman Interviewed by Sean Murray at deBanked
April 8, 2024 Delaney SextonContributing Editor Bob Coleman Interviewed by Sean Murray at deBanked “As in anything else, once you master the learning curve, you’re fine,” says Bob Coleman. “The reason why SBA lending is difficult is you may not know the rules.” And that’s where Coleman comes in, a former lender turned news source and educator…
Read MoreLouisiana Small Businesses: Five Fast Facts
April 8, 2024 Delaney SextonContributing Editor Louisiana Small Businesses: Five Fast Facts Source:SBA Office of Advocacy 2023 Louisiana Small Business Profile
Read MoreColeman Report Live! April 12, 2024 — Fraud Friday @ 1pm
Watch on Teams Watch on Youtube Host: Bob Coleman, Owner/Editor, Coleman Report Co-Host: Lance Sexton, Webinar Instructor, Coleman Report Guest: Delaney Sexton, Editor, Coleman Report
Read MoreCars, Tractors, and Luxury Watches Forfeited After Pleading Guilty to $12.4 Million PPP Fraud – Fraud Friday
April 5, 2024 Delaney SextonContributing Editor Cars, Tractors, and Luxury Watches Forfeited After Pleading Guilty to $12.4 Million PPP Fraud – Fraud Friday Between 2017 and 2018, Tod Ray Keilholz obtained three business loans totaling more than $3.5 million from Hawthorne Bank. His businesses began failing afterward, and his financial concerns started growing. The loans…
Read MoreCalifornia Launches $25 Million Small Business Loan Fund
California Launches $25 Million Small Business Loan Fund Additionally, it will support the deployment of $1.1 billion in federal funding separately approved for capital support programs from the California Infrastructure and Economic Development Bank (IBank) and the California Pollution Control Financing Authority. Lenders across the state are expected to leverage the $1.1 billion in…
Read MoreGulf Coast Small Business Lending Announces Hiring of Cathie Hendrix
Gulf Coast Small Business Lending Announces Hiring of Cathie Hendrix From divisional headquarters in DALLAS, TX, April 3rd, 2024 – Gulf Coast Small Business Lending (GCSBL) announced today that it has hired Cathie Hendrix as Senior Vice President – Business Development Officer in Oregon. “Cathie is a fantastic addition to our Gulf Coast Small Business…
Read MoreColeman Report Live! April 5, 2024 — Fraud Friday @ 1pm EST
Join on MS Teams Watch on YouTube Host: Bob Coleman, Owner/Editor, Coleman ReportCo-Host: Lance Sexton, Contributor, Coleman ReportGuest: Delaney Sexton, Editor, Coleman Report
Read MoreSBA’s 7(a) Connect Quarterly Update Scheduled Tuesday, April 9th 3:00pm Eastern
Topics 7(a) Working Capital Program Lender Match SBA’s Risk Mitigation Framework PPP Forgiveness Program Hardship Accommodation Plan (HAP) Secondary Market Update Join SBA’s call here View on Coleman Report YouTube Channel
Read MoreFulton Bank, First American Bank, Lake Michigan Credit Union Named SBA Export Lenders of the Year
During fiscal year 2023, the SBA guaranteed $495 million in financing to small business exporters, which supported over $1.3 billion in export sales. Fulton Bank is a community bank headquartered in Lancaster, Pennsylvania, with operations in New Jersey, Maryland, Delaware, Pennsylvania, Virginia, and Washington, D.C. “We are proud to be named as an Export Lender…
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