Coleman Report
Coleman Movers & Shakers — Christopher Soupal, Michael Bland, Roger Unger, Jeff Vratanina
April 18, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Christopher Soupal, Michael Bland, Jeff Vratanina, Roger Unger Crestmark Promotes Christopher Soupal to Executive Vice President, President of Government Guaranteed Lending Division “I am pleased to announce the promotion of Christopher to Government Guaranteed Lending Division president,” says Mick…
Read MoreSBA Hot Topic Tuesday — Top Seven Risk Management Considerations from the Latest SBA SOP 50 10 5 (K) Updates
April 16, 2019 By Janet Annan and Joseph Bonin Partner Engineering Contributors, SBA Hot Topic Tuesday Top Seven Risk Management Considerations from the Latest SBA SOP 50 10 5 (K) Updates The SBA recently released its new SOP 50 10 5(K) policy, which becomes effective April 1, 2019. The new guidance and updated changes will…
Read MoreMain Street Monday – Small Business Optimism Levels Power Through Challenges; Remain Strong
April 15, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Small Business Optimism Levels Power Through Challenges; Remain Strong “Small business owners continue to create jobs, expand their operations, and are enjoying strong sales,” says NFIB President and CEO Juanita Duggan. “Since Congress resolved the shutdown, uncertainty has declined as…
Read MoreColeman Movers & Shakers — Jimmy Duran, Jaime Wood, JanCarlos Llach
April 11, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Jimmy Duran, Jaime Wood, JanCarlos Llach The Bancorp Names Jimmy Duran, Vice President, SBA BDO “The Bancorp Small Business Lending team is dedicated to providing competitive and attainable funding for low- and moderate-income communities,” says Jeff Nager, Executive Vice…
Read MoreSBA Hot Topic Tuesday — Jovita Carranza Nominated for SBA Administrator
April 9, 2019 SBA Hot Topic Tuesday — Jovita Carranza Nominated for SBA Administrator By Bob Coleman Editor, Coleman Report Jovita Carranza is slated to return back to the SBA as its 26th Administrator. She previously served as Deputy Administrator from 2006 to 2009 under President Bush. Carranza is currently the 44th Treasurer of the…
Read MoreFraud Friday — CBS Credit Union Manager Indicted for Embezzlement
April 5, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday — CBS Credit Union Manager Indicted for Embezzlement After looting more than $40 million over 20 years, the former manager of the CBS Employees Federal Credit Union has been arrested and charged with embezzlement. Edward Rostohar faces felony counts of bank fraud…
Read MoreMain Street Monday – Linda McMahon Prepares to Leave Post as head of the Small Business Administration
April 1, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Linda McMahon Prepares to Leave Post as head of the Small Business Administration Effective April 12, 2019, Linda McMahon will step down. There is speculation that she will be supporting President Trump’s re-election fundraising efforts in the private sector. Here…
Read MoreFraud Friday — “They Got Us,” Feds Allege Kerri Agee Says in Email to Employees to Support $10 Million Loan Fraud Indictments
March 29, 2019 By Bob Coleman Editor, Fraud Friday Fraud Friday — “They Got Us,” Feds Allege Kerri Agee Says in Email to Employees to Support $10 Million Loan Fraud Indictments A key takeaway in the banc-serv indictments is never assume anything in your email is confidential. Always assume the party you are criticizing, or…
Read MoreFlash Coleman Report Special Edition — Linda McMahon to Resign as SBA Administrator
March 29, 2019 By Bob Coleman Editor, Coleman Report Special Edition Flash Coleman Report Special Edition — Linda McMahon to Resign as SBA Administrator Reports Politico. It was not immediately clear when McMahon was expected to announce that she was stepping down. McMahon, 70, and her husband, Vince McMahon, co-founded the company that became World…
Read MoreBanc-Serv’s Kerri Agee, 4 others Arrested for $10 Million SBA Loan Fraud
Banc-Serv’s Kerri Agee, 4 others Arrested for $10 Million SBA Loan Fraud March 22, 2019 By Bob ColemanEditor, Coleman Report Download the Indictment One of the Biggest SBA Loan Fraud Scandals in Years Rocks Industry Industry’s Largest SBA Loan Service Provider Accused of Cheating the Federal Government of over $10 Million Largest Number of Individual…
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