Coleman Report

August 15, 2024 Delaney SextonContributing Editor Chris Ward Joins TD Bank as Regional President of Mid-South Metro “Chris has a deep understanding of the opportunities and challenges facing local businesses and how to help them fund their ambitions,” Chris Giamo, head of commercial banking, TD Bank, says. “This knowledge can further enhance our teams’ abilities…

August 15, 2024 Delaney SextonContributing Editor CDC Small Business Finance Welcomes Joe Delgadillo and Carlos Marroquin CDC Small Business Finance has added experienced loan officers Joe Delgadillo to its 504 Commercial Real Estate team in Orange County and Carlos Marroquin to its Small Business Lending team in Los Angeles. Joe Delgadillo – 504 Commercial Real…

August 14, 2024 Delaney SextonContributing Editor Bryon Borchers Joins First State Bank of Uvalde as SVP, Commercial Lending Officer “Bryon’s extensive experience in commercial lending and his steadfast dedication to community involvement make him a solid addition to our bank,” says Chad D. Stary, President and CEO of First State Bank of Uvalde. “We are…

August 14, 2024 Delaney SextonContributing Editor SBA Inspector General is Currently Conducting 500+ PPP/EIDL Investigations The SBA Office of Inspector General has secured more than 1,000 arrests and over 800 convictions related to PPP and/or EIDL fraud. Their July 2024 newsletter revealed an updated view of their investigative work related to fraud in the pandemic…

August 14, 2024 Delaney SextonContributing Editor SBA 7(a) Approvals by Iowa Lenders For fiscal year 2024, these are the lending statistics by Iowa lenders as of August 13, 2024:

Online Classes Began September 10th! ✗ SBA Loan Underwriting✗ SBA Loan Closing✗ SBA Loan Servicing/Liquidation✗ SBA Loan Broker Office Hours for Underwriting, Closing, Servicing/LiquidationIncludes Semi-Monthly Office Hours every 1st and 3rd Wednesday at noon Eastern with your instructors, Bob Coleman and Lance Sexton. It is structured as a 30 minute Q&A Zoom Call. Registration includes…

August 13, 2024 Delaney SextonContributing Editor Small Business Credit Conditions are Stable, Optimism Increases “Despite this increase in optimism, the road ahead remains tough for the nation’s small business owners,” says NFIB Chief Economist Bill Dunkelberg. “Cost pressures, especially labor costs, continue to plague small business operations, impacting their bottom line. Owners are heading towards unpredictable…

August 13, 2024 Delaney SextonContributing Editor SBA 7(a) Approvals by Hawaii Lenders For fiscal year 2024, these are the lending statistics by Hawaii lenders as of August 12, 2024:

August 12, 2024 Delaney SextonContributing Editor Arizona Launches $5 Million Microbusiness Loan Program “By providing accessible capital and innovative products through our Alternative Loan Program, we’re not just supporting individual entrepreneurs; we’re investing in the economic resilience and vibrancy of our entire region,” says Caroline Nelson, the Community Investment Corp’s chief operating officer and director…

August 12, 2024 Delaney SextonContributing Editor SBA 7(a) Approvals by Georgia Lenders For fiscal year 2024, these are the lending statistics by Georgia lenders as of August 10, 2024: