Coleman Report

December 11, 2020 Caity RoachEditor Coleman 2020 Lender Professional Awards – 504, Rural, and BDO SBA 504 Lender of the Year Ross Pancoe Congratulations to Coleman’s SBA 504 Lender of the Year, Ross Pancoe! “Ross has accomplished much in the world of SBA 504 lending so early in his career,” says Jim Conroy, incoming president…

Avoid Enforcement Actions SBA Can Impose on Your Lending Programs Home Speakers Agenda Registration What you Need to Know about: SBA as your New Regulator SBA OCRM 7(a) Lender Reviews Lender Monetary Fines Corrective Formal and Informal Findings PARRiS Score Benchmark Ratings A Coleman Webinar Date: Wednesday, December 22, 2020 Time: 2:00 p.m. Eastern Download…

December 10, 2020 Caity RoachEditor Coleman 2020 Lender Professional Awards- PPP, Mission-Based, and Emerging PPP Lenders of the Year Congratulations to Coleman’s 2020 PPP Lenders of the Year, Marisa Levitsis , Natalie Falatek, and Eric Flik! Marisa Levitsis “Marisa was an integral part in getting SaviBank’s PPP program off the ground and thriving,” says Joel…

December 9, 2020 Caity RoachEditor Salil Mishra and Jason Stewart named Coleman’s SBA 7(a) Lenders of the Year  Salil Mishra “Salil Mishra has been with the Bank, nearly since its inception ten years ago, rising to the level of Chief Lending Officer in that time. It is no accident that, in the same time period,…

December 9, 2020 Caity Roach Editor C-Suite Wednesday — SOP 50 53 2 Adds New Lender Oversight Fees  On December 7, 2020, the SBA’s Office of Credit Risk Management (OCRM) announced the issuance of SOP 50 53 2 on Supervision and Enforcement, which goes into effect January 1, 2020. The new SOP incorporates recent legislation,…

December 8, 2020 Caity RoachContributing Editor Rosaline Aguirre Fletcher Named Coleman’s 2020 Woman Lender of the Year Congratulations to Rosaline Aguirre Fletcher, Coleman’s 2020 Woman Lender of the Year. Fletcher is a Senior Vice President at BBVA and currently serves as the Sales Manager for their Compass SBA Division.  She has over 29 years of…

December 8, 2020 Caity Roach Editor Hot Topic Tuesday — SBA OIG Says Managing Stimulus is the Greatest Challenge Facing SBA “This semiannual period has been like no other in the history of SBA,” says SBA Inspector General, Hannibal ‘Mike’ Ware in the Fall 2020 Semiannual Report to Congress. “The focus of our work has…

December 7, 2020 Caity RoachContributing Editor Coleman’s 2020 SBA Lender Professional Awards — Dorothy M. Thomas Named Main Street Lender of the Year Congratulations to Dorothy M. Thomas, Coleman’s 2020 SBA Main Street Lender of the Year. “Dorothy has had a positive impact in her profession,” says Frank Gallegos, Executive Director at Cen Cal Business…

December 7, 2020 Caity RoachEditor Main Street Monday — Small Business Revenue is 31% Lower Than It Was at the Beginning of the Year Last Thursday, the National Association of Professional Employer Organizations (NAPEO) released its quarterly Small Business Snapshot, which shows that daily revenue among small businesses is 31% lower than it was when…

December 4, 2020 Caity RoachEditor Fraud Friday — Crown Bank CEO Sentenced to a Year in Prison for Defrauding Investors The former CEO of Minneapolis-based Crown Bank, Peter Dahl, has been sentenced to a year and a day in federal prison for using bank customer accounts to cover his own personal debts and abusing his…