Coleman Report

May 26, 2026 Bob ColemanFounder & Publisher SBA Hot Topic Tuesday: SBA 7(a) Lender Data for 6 Mos FY 26 for All Lenders, Top 100 The two FY 2026 six-month attachments are: • Top 100 SBA 7(a) Lender Rankings• Alphabetical listing of every lender with five or more approved 7(a) loans The first report ranks…

May 22, 2026 Bob ColemanFounder & Publisher Fraud Friday: SBA Bridge Loan Lender Brant Frost IV Facing 14 Years in Prison for $140 Million Ponzi Scheme Less than a month after being indicted on a federal charge of wire fraud for orchestrating a 20-year Ponzi scheme worth $140 million, Edwin Brant Frost IV has pleaded…

May 21, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Ben Woodward, Jeff Hildebrandt & Ashley Benoit Ben Woodward Joins Banc of California as Vice President, Business Development Officer “Banc of California is very pleased to welcome two seasoned professionals to our originations team,” says George Harrop, EVP, Head of Small Business Lending at Banc…

May 20, 2026 Bob Coleman Founder & Publisher A Coleman Conversation: Banesco USA In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Cali Garcia-Velez, President and CEO of Banesco USA, alongside Elijiah Gray, Senior Vice President and SBA Market Executive, for an in-depth discussion on the bank’s rapid expansion into SBA…

May 19, 2026 Bob ColemanFounder & Publisher SBA announces a major policy change effective July 4, 2026. Borrowers who secure a 7(a) loan first may access up to $5 million through the 7(a) loan program and up to $5 million through the 504 loan program, for a combined total of $10 million in SBA-backed financing. …

May 18, 2026 Bob ColemanFounder & Publisher Main Street Monday: USDA Bans 10 Lenders from Rural Small Business Lending The following lenders have had participation in all OneRD programs revoked or their approved lender status has not been renewed: The May 12th announcement reads;   U.S. Department of Agriculture takes the stewardship of taxpayer dollars very…

May 15, 2026 Bob ColemanFounder & Publisher Oklahoma Bank CEO Pleads Guilty to Fraud Resulting in Bank Closure Danny Seibel, the former CEO of First National Bank of Lindsay, Oklahoma, pleaded guilty to one count of bank fraud last week.  The 55-year-old Seibel cooked the books with hundreds of accounting entries by modifying loan maturity…

May 14, 2026 Bob ColemanFounder & Publisher Movers & Shakers: Rickey Pierce, Marie Lee-Utash & Jennifer Mayer Rickey Pierce Joins Economic Development Corporation of Kansas City as SBA 504 Commercial Loan Officer The Economic Development Corporation of Kansas City, Missouri (EDCKC) has hired Rickey Pierce as SBA 504 Commercial Loan Officer. Pierce brings more than…

May 13, 2026 Bob ColemanFounder & Publisher A Coleman Conversation: Ryan Baderian In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Ryan Baderian, CEO and founder of Paramount Management Resources. Ryan discusses how he partners with SBA lenders, bankers, and CDCs to provide equipment financing and working capital solutions for small…

May 11, 2026 Bob ColemanFounder & Publisher Main Street Monday: Small Business Preserving Cash, Wary of Borrowing for Expansion,  Profits Stable, Managing Gas Price Increases   Small business owners are paying more for nearly everything that moves. The April 2026 Bank of America Institute Small Business Checkpoint shows gasoline spending per small business client surged 23%…