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PPP Answer Desk
PPP Answer DeskNew–Ask an Expert Forum! A Members-only Forum Providing answers SBA can’t! Coleman’s PPP Answer Desk can speed PPP loan and forgiveness approval dramatically. The PPP Answer Desk helps you overcome frustrating hold codes and processing delays. $497 Membership per Year per Institution Join us Now in Beta! Fully Operational by Friday, 26th —…
Read MoreWhat You Need to Know to Process Flawless PPP Forgiveness Applications
What You Need to Know to Process Flawless PPP Forgiveness Applications Home Speakers Agenda Registration 75 minutes of Online Training for your staff Processing applications under $50,000 Processing applications $50,000 – $2,000,000 Processing applications Over $2,000,000 A Coleman Webinar Date: Wednesday, December 9, 2020 Time: 2:00 p.m. Eastern Download a Registration Form What You Need…
Read MoreColeman’s SBA Compliance Report – Avoid Guaranty Errors with Business Acquisition Loans
December 18, 2019 By Caity Witucki Contributing Editor, Coleman’s SBA Compliance Report Coleman’s SBA Compliance Report – Avoid Guaranty Errors with Business Acquisition Loans On November 1, 2019, the SBA released a weekly lending report. The report showed 504 and 7(a) change of ownership lending activity was up from the previous year with 561 change…
Read MoreColeman’s SBA Compliance Report – Certified Development Company Corporate Governance Requirements
December 11, 2019 By Caity Witucki Contributing Editor, Coleman’s SBA Compliance Report Coleman’s SBA Compliance Report – Certified Development Company Corporate Governance Requirements On December 4, 2019, the Federal Register published the final rule on streamlining and modernizing certified development company program corporate governance requirements. The Top 10 Changes You Should Be Aware Of: Any…
Read MoreColeman’s SBA Compliance Report – SBA Recommends New Corrective Enforcement Actions for High-Risk Lenders
December 4, 2019 By Caity Witucki Contributing Editor, Coleman’s SBA Compliance Report Coleman’s SBA Compliance Report – SBA Recommends New Corrective Enforcement Actions for High-Risk Lenders According to SBA SOP 51 00, one of the objectives of on-site reviews is to ensure that lenders take prompt and effective corrective actions, as deemed appropriate. However, a…
Read MoreColeman’s SBA Compliance Report – Know the New Form 159 Rules
November 27, 2019 By Caity Witucki Contributing Editor, Coleman’s SBA Compliance Report Coleman’s SBA Compliance Report – Know the New Form 159 Rules The new SBA Form 159, Fee Disclosure and Compensation Agreement – which was released on September 14, 2018 – changes the way lending institutions are required to document fees charged to an…
Read MoreColeman’s SBA Compliance Report
Subscribe to Coleman’s SBA Compliance Report. A Weekly Newsletter for SBA Management and Bank Directors. Weekly topics will include: · How to be SBA Compliant to protect your Institution from Repairs and Denials · 2020 SBA Regulatory Fines · Maintaining Your PLP License · Managing Your PARRiS Score · Build Your Portfolio with Online Partners…
Read MoreCorrectly Calculate Global Cash Flow the SBA Way — SOP 50 10 5 (K)
NEW COLEMAN WEBINAR FOR SBA LENDERS Correctly Calculate Global Cash Flow the SBA Way — SOP 50 10 5 (K) Home Speakers Agenda Registration Don’t Void Your SBA Guaranty with Improper Cash Flow Add Backs — a 75-minute webinar that allows your staff to earn e-certification. A Coleman Webinar Date: Wednesday, October 2, 2019 Time:…
Read MoreUsing 401K/IRA Funds to Satisfy SBA’s Equity Injection Requirements
NEW COLEMAN/DRDA WEBINAR FOR SBA LENDERS Using 401K/IRA Funds to Satisfy SBA’s Equity Injection Requirements Home Speakers Agenda Registration What is a BORSA™ (Business Owners Retirement Savings Account) Plan? — a 75-minute webinar that allows your staff to earn e-certification. A Coleman/DRDA Webinar Date: Tuesday, September 17, 2019 Time: 2:00 p.m. Eastern Go to Registration What…
Read MoreSBA Hot Topic Tuesday – SBA Proposes Modification for Calculation of Annual Average Revenues for Small Businesses
July 2, 2019 By Mary Miller Contributing Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday – SBA Proposes Modification for Calculation of Annual Average Revenues for Small Businesses The SBA has announced a proposal to modify the method of calculating annual average revenues as they are used to determine small business size standards. The…
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