Coleman Report

May 27, 2025 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — Administrator Loeffler’s Support of a $10 Million 7(a) Loan Cap for Manufacturers The following passage has been condensed and edited from Administrator Kelly Loeffler’s testimony before the Senate Small Business Committee last week: Thank you Chair Ernst, Ranking Member Markey, and Committee Members…

May 23, 2025 Bob ColemanFounder & Publisher Kris Roglieri’s Chief Operating Officer Pleads Guilty to Loan Fraud Christopher Snyder, former Chief Operating Officer of Prime Capital Ventures, has agreed to plead guilty to one count of conspiracy to commit wire fraud. This development is part of a larger fraud case involving three co-conspirators. The main…

May 22, 2025 Bob ColemanFounder & Publisher Movers & Shakers — John Ashkar, Bryan Anguiano, Layla Powell John Marshall Bank Hires John Ashkar as SVP, Director of Business Banking to Lead Business Banking Team “Bringing John onto the JMB team reflects the Bank’s commitment to the success of our small business clients,” says Jason R.…

May 21, 2025 Bob ColemanFounder & Publisher A Coleman Conversation: Barry Sloane of Newtek In the first episode of A Coleman Conversation, Bob Coleman sits down with Barry Sloane, CEO of NewtekOne — the nation’s #1 SBA 7(a) lender. They discuss the evolution of SBA lending, the transition from nonbank to bank status, Newtek’s $2…

May 20, 2025 Bob ColemanFounder & Publisher SBA Imposes Capital Requirements, Loan Loss Reserves on Community Advantage Lenders Citing “lax oversight” and “alarmingly high rates of loan defaults,” SBA will require existing CA lenders to meet minimum equity requirements of $375,000, establish loan loss reserves of 5% and approve 4 loans a year to maintain…

May 19, 2025 Bob ColemanFounder & Publisher Main Street Monday — States Double Down on Downtown Revitalization to Spark Small Business Growth Two major state-level initiatives are shining a spotlight on Main Street as the heartbeat of local economic recovery. New York Invests in Central Downtowns Governor Kathy Hochul recently announced 20 transformational projects in…

May 16, 2025 Bob ColemanFounder & Publisher Kris Roglieri’s Criminal Trial Set for January 2026 — No More Delays Says Judge In a key pretrial development, U.S. District Judge Mae A. D’Agostino presided over a remote status conference in the high-profile fraud case of Kris Roglieri, the once-prominent non-bank lender now facing serious federal loan…

May 15, 2025 Bob ColemanFounder & Publisher Movers & Shakers — Connie Amason, Gay Schwer, Citadel Credit Union Peoples Bank Welcomes Back Connie Amason as VP / SBA Operations Manager “Bringing Connie back into the Peoples Bank family is an exciting moment for us,” says Dennis Ammann, CEO of Peoples Bank. “Her knowledge, leadership, and…

May 14, 2025 Bob ColemanFounder & Publisher Implication of SBA’s New Equity Injection Policy The recent revision to Chapter 25 of the SBA’s SOP introduces a significant change in how lenders must document equity injections for SBA-guaranteed loans. What Changed? Previous Policy: Lenders were required to document equity injections based on their standard practices for…

May 13, 2025 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — List of SBA 7(a) and 504 Notices under Trump 2.0 I got tired of Googling trying to find SBA notices affecting the 7(a) and 504 Loan programs issued since January 20th. I figured if I had frustration when they were on my own…