Coleman Report
320 Small Businesses Lose $170 Million in SBA Loans a Day During Shutdown
November 3, 2025 Bob ColemanFounder & Publisher, Coleman Report Main Street Monday — 320 Small Businesses Lose $170 Million in SBA Loans a Day During Shutdown Says SBA Administrator Kelly Loeffler: “With the SBA’s loan programs shuttered, thousands of small businesses are now unable to access the vital funding they need to survive, let alone…
Read MoreThe Role of Life Insurance Under SOP 50 10 8 for SBA 504 Loans
October 27, 2025 by Ryan GoodsonCLU, Managing Director, LifeEase The Role of Life Insurance Under SOP 50 10 8 for SBA 504 Loans Executive SummaryWith the implementation of SOP 50 10 8, effective June 1, 2025, the Small Business Administration (SBA) has refined life insurance requirements critical to the SBA 504 loan program. This paper…
Read MoreLying to a Bank for a $10 Million Loan about not being under SEC Investigation is a Bad Idea
October 31, 2025 Bob ColemanFounder & Publisher, Coleman Report Fraud Friday: Lying to a Bank for a $10 Million Loan about not being under SEC Investigation is a Bad Idea Federal agents arrested Max McDermott of Newport Beach, California last month for misappropriating a $10 million bank loan. Prosecutors say the money was supposed to…
Read MoreA Coleman Conversation: Jon Winick
October 29, 2025 Bob ColemanFounder & Publisher, Coleman Report A Coleman Conversation: Jon Winick In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Jon Winick, CEO of Clark Street Capital, to discuss his journey from GE Capital to becoming one of the leading experts in bank loan portfolio sales. Jon shares how Clark Street…
Read MoreSBA’s Office of Advocacy Deemed Essential Workforce – Operates During Shutdown
October 27, 2025 Bob ColemanFounder & Publisher, Coleman Report SBA’s Office of Advocacy Deemed Essential Workforce – Operates During Shutdown I was very intrigued last Thursday when the SBA’s Office of Advocacy posted a blog “Spotlighting Cyber Security Month.” The content of the 10/23 blog isn’t remarkable. It simply emphasizes that small businesses now rely…
Read MoreColeman’s 2026 SBA Lender Professional Award Nominations — Orlando, FL in March 2026
Nominations are now open for Coleman’s 2026 SBA Lender Professional Awards! These prestigious awards recognize outstanding SBA lending professionals and companies that have made significant contributions to the small business lending community. Nominate a colleague or yourself to be honored for your exceptional work in SBA lending, and help celebrate the positive impact you or…
Read MoreRestaurant Sales Trends: Family Dining +1.9%, Quick Service -1.1%, Fast Casual –1.6%
October 27, 2025 Bob ColemanFounder & Publisher, Coleman Report Main Street Monday — Restaurant Sales Trends: Family Dining +1.9%, Quick Service -1.1%, Fast Casual –1.6% I spent some time this week digging into the October 2025 Restaurant Industry Report from the Citizens Restaurant, Franchise & Multi-Unit team. Their data always gives a solid pulse on…
Read MorePhilly RE Broker Promised 16% for Bridge Loans — Ripped off Lenders and Investors for $1.4 Million
October 24, 2025 Bob ColemanFounder & Publisher, Coleman Report Philly RE Broker Promised 16% for Bridge Loans — Ripped off Lenders and Investors for $1.4 Million Jonathan Barach has pled guilty to a $1.4 million loan fraud scheme. Between July 2017 and April 2021, the Philadelphia real estate broker raised over $3 million from lenders…
Read MoreMovers & Shakers — Chris Hurn Separates from Phoenix, Community Bankshares
October 23, 2025 Bob ColemanFounder & Publisher, Coleman Report Movers & Shakers — Chris Hurn Separates from Phoenix, Community Bankshares SBA Industry Leader, Chris Hurn, Separates from Community Bankshares, Inc. Chris Hurn, the President and CEO of Community Bankshares, Inc., the bank holding company of the nation’s fastest rising SBA 7(a) lender (Community Bank &Trust),…
Read MoreA Coleman Conversation: The Schwandt Family (Stephanie, Ali, & Phillip)
October 22, 2025 Bob ColemanFounder & Publisher, Coleman Report A Coleman Conversation: The Schwandt Family (Stephanie, Ali, & Phillip) In this week’s episode of A Coleman Conversation, Bob Coleman hosts a special SBA family session with Stephanie Schwandt, Senior BDO at Milestone Bank, joined by her children — Ali Schwandt, Business Development Officer at Colony…
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