Coleman Report

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…

January 7, 2020 By Caity Witucki Contributing Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday – SBA Announcements On December 20, 2019 The SBA announced several upcoming Connect Calls and clarified issues with IRS tax transcripts and Lender Match. SBA 7(a) The Quarterly SBA 7(a) Connect Call will be held on January 14th at…

Tuesday, January 7, 2020 By Bob Coleman Editor, Coleman Report Breaking News: SBA Administrator Carranza Confirmed by Senate The U.S. Senate voted 88-5 Tuesday to confirm SBA Administrator Jovita Carranza. The vote came after nine months of not having a permanent head to the administration, SBA Administrator Linda McMahon left on April 4, 2019 to…

January 6, 2020 By: Mary Miller Contributing Editor, Main Street Monday Main Street Monday – The Power of Small Business According to the SBA, small businesses were responsible for more than 65% of net new job creation in this country between 2000 and 2017, they accounted for 99.7% of businesses with paid employees, and represented…

January 3, 2020 By Caity Witucki Contributing Editor, Fraud Friday Fraud Friday– Three Men Sentenced for Defrauding CB&T City Bank of $5 Million Three co-conspirators involved in a multi-million dollar fraud scheme have been sentenced for their crimes. On Monday, December 16, 2019, former CB&T City Bank President, McDonald Hardin, was sentenced to 60 months…

January 2, 2020 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Mary Thigpen, Columbia Bank, Simon Soh Mary Thigpen Joins Opus Bank’s Board of Directors SBA preferred lender, Opus Bank, has announced the appointment of Mary E. “Mimi” Thigpen to Its Board of Directors, Audit Committee and Risk Oversight…