Coleman Report

October 1, 2025 Bob ColemanFounder & Publisher SBA Issues End-of-Year Clean Up to SOP 50 10 8 for 7(a) and 504 Loan Programs SBA has released Procedural Notice 5000-872764, effective September 30, 2025, announcing an end-of-year clean up to SOP 50 10 8 that impacts both the 7(a) and 504 loan programs. Below is a detailed…

October 1, 2025 Bob ColemanFounder & Publisher Happy New Year! — The Silence of the Loans It is 12:01 a.m., the first minute of the government’s FY26, and Congress has failed to pass a funding bill. The SBA is now in “lapse mode.” Like The Silence of the Lambs, what’s chilling here is the silence…

September 30, 2025 by Bob ColemanFounder & Publisher SBA Hot Topic Tuesday: SOP 50 57 4: Effective November 1, 2025 — What Lenders Must Know On Friday, SBA issued SOP 50 57 4, 7(a) Loan Servicing and Liquidation, effective November 1, 2025. Until October 31, 2025, lenders must continue using SOP 50 57 3.1. This…

September 29, 2025 Bob ColemanFounder & Publisher Main Street Monday: SBA Predicts AI Cuts Small Business Costs by 10–20% While Driving 5–15% Payroll Growth  Will artificial intelligence replace workers or create more jobs for small businesses? Last week’s report from the Office of Advocacy, SBA Research Spotlight: AI in Business — Small Firms Closing In provides a…

by Ben KoplanCLU, CFP®, LifeEase Considerations in Recommending a Life Insurance Provider to Business Borrowers A life insurance policy with an executed collateral assignment is often among the last requirements standing between your borrower and their business loan funding. Meeting SBA loan insurance requirements in 2025 demands familiarity with revised documentation rules and digital platforms…

September 26, 2025 Bob ColemanFounder & Publisher Puerto Rico Bank Chairman Pleads Guilty to $13.6M Loan Fraud Juan Francisco Ramirez, former chairman of Nodus International Bank in Puerto Rico, has pled guilty to orchestrating a $13.6 million loan fraud scheme that led to the bank’s collapse. Ramirez, along with his partner Tomas Nimbro, diverted bank…

September 25, 2025 by Bob ColemanFounder & Publisher Movers & Shakers: George Andreaus Joins AMB, David Mellman Moves to Momentus, Remembering Kathy Horelica George Andreaus Joins American Momentum Bank as SVP, SBA & USDA National Sales Manager “I am thrilled that American Momentum Bank has provided me with the opportunity to again build a national…

September 24, 2025 Bob ColemanFounder & Publisher A Coleman Conversation: Todd Hollander In this week’s episode of A Coleman Conversation, Bob Coleman sits down with Todd Hollander, former Chief Lending and Revenue Officer at Lendistry, to discuss his remarkable career in SBA lending and small business finance. Todd shares how he helped grow Lendistry into…

September 23, 2025 by Bob ColemanFounder & Publisher SBA Hot Topic Tuesday — CDC Leaders to Congress: Increase Loan Limits and Modernize the SBA 504 Program Last week, the Senate Committee on Small Business & Entrepreneurship convened a hearing on the SBA’s 504 Loan Program — one of the agency’s most powerful tools for fostering…

September 22, 2025 by Bob ColemanFounder & Publisher Small Business Lending Increases, Bank of America Reports What the Data Shows Bank of America tracks small business automated clearing house (ACH) payments to lenders, a measure of how much businesses are sending each month to service their loan obligations. Interestingly, this dataset excludes Bank of America’s…