Coleman Report

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…

SBA Procedural Notices 2025

May 12, 2025 $220M Unguaranteed SBA 7(a) Portfolio Hits Market Clark Street Capital’s Bank Asset Network (“BAN”) proudly presents: “The 220MM SBA 7(a) Unguaranteed Loan Portfolio.” This exclusive portfolio is offered for sale by one institution (“Seller”). Highlights include: • A participation interest in the unguaranteed portion of an SBA 7(a) loan portfolio with a…

May 9, 2025 Bob ColemanFounder & Publisher Fraud Friday — Georgia Logger Indicted for $3 Million Loan Collateral Fraud, Identity Theft The owner of a small timber harvesting company has been indicted for a $3 million loan fraud. Ronnie Atkinson befriended the market president of a Morris Bank branch in Gray, Georgia, identified as AC.…

May 8, 2025 Bob ColemanFounder & Publisher Movers & Shakers — Long, Gunderson, Spata, Luckett, Stoneman, Clinton Savings Bank Paul Long Promoted to Vice President, SBA Lending, GESA Credit Union Arnie Gunderson Senior Vice President, SBA Administrator, Mountain Pacific Bank Tip Spata VP & SBA Business Development Officer/Sales Lead, Texas First Bank Tréd Luckett, Vice…

May 7, 2025 Bob ColemanFounder & Publisher SBA 7(a) and 504 to be Fully funded in FY26 Budget — SBDCs Enhanced — SCORE, Women’s Business Centers, STEP to be Closed No changes are anticipated to the SBA 7(a) and 504 Loan programs, as the administration believes the changes they have made in the fee structure…