Coleman’s Movers and Shakers – Special Wednesday Edition

May 14, 2014

By Bob Coleman
Editor, Coleman Report

Since our Thursday coverage will be of the Federal Reserve Bank of New York’s Small Business Summit, I am moving our weekly movers and shakers report up a day.

Here is the agenda of the summit

And, you can view the event live here

Ohio’s State Bank Receives PLP

“We are very pleased to receive this designation by the SBA. Preferred Lender status further demonstrates the success of SB Financial Group and the diligent work of our employees,” says Mark Klein, President and Chief Executive Officer of SB Financial Group. “This designation is one more tool we can utilize in reaching our goal to become a top-quartile performing financial services company, by executing key strategies such as strengthening our revenue diversity.”

Jon Gathman, Senior Lending Officer of State Bank, adds, “Only a select few organizations merit this designation which provides State Bank with a unique and important competitive advantage. As a Preferred Lender we have yet another tool to provide our clients with the capital and liquidity that is critical to their growth with a fast, efficient approval and closing process that meets or exceeds that of our competitors.

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NJSBDCNew Jersey SBDC at Rutgers-Camden Appoints New Director

“Small business is the economic engine in New Jersey and I’m excited to have the opportunity to continue our focus on the creation of jobs and new business starts while offering a higher level of service to existing businesses to help them realize growth and expansion of their services,” says Fullard, who served as the center’s assistant director since 2007. “We want to raise the bar for small businesses in South Jersey.”

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usdastaffUSDA B&I Administrator Attends Loan Closing for New Orleans Sausage Maker

The US Department of Agriculture says its rural development program has loaned $7.1 million to New Orleans 107-year-old business sausage maker. Lillian Salerno, the US Administrator of the USDA Rural Business. Nations Loan Services arranged the financing, processing and servicing of this USDA loan.

(Pictured from left to right) Mr. Philip Chisesi, President of Chisesi Meats, US USDA Administrator, Lillian Salerno, Mark Graziani, EVP of Citizens Bank, Mrs. Chisesi, John Brocato, President of Nations Loan Services.

Upcoming Small Business Lending Conferences

Filling the Gaps: Summit on Small Business Credit Innovations — Federal Reserve Bank of New York May 15, 2014 
Great Lakes Lenders Conference, Detroit, July 31 – August 1 
Florida Small Business Lenders Conference, Orlando, September 17-19
NAGGL 2014 Annual Meeting, Huntington Beach October 28-30
Coleman’s 7th Annual SBA Secondary Market Forum, Washington D.C. December 2
Coleman’s 15th Annual Rural Lender’s Roundtable, Washington D.C. December 3