June 5, 2019 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Small Business Delinquencies, Portfolio Monitoring, Revised SBA Form 1050, Kathleen Kelly, Barbara Arena This weeks topics: – Small Business Delinquencies – Portfolio Monitoring – Revised Form 1050 – Kathleen Kelly, Senior Vice President, Webster Bank – Barbara Arena, Vice President,…

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May 31, 2019 By Bob Coleman Editor, Fraud Friday Fraud Friday — Noah Bank CEO Arrested for SBA Loan Fraud U.S. Attorney Geoffrey S. Berman says this past Wednesday, “Edward Shin, the CEO of a Pennsylvania bank, allegedly exploited his position as a bank officer to illegally issue Small Business Administration loans to entities in…

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May 22, 2019 By Bob Coleman Executive Producer, Coleman Report Update! Coleman Report Update! — Sponsored by America West — SBA 7(a) Premiums, Tareasa Harrell, Ray Drew, Packaging Documentation Previous Coleman Report Updates!: Coleman Report Update! Archives May 15, 2019 – Coleman Report Update! — SBA 2020 Budget, Puerto Rico Main Street, Mark Willis, Hotel…

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May 20, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Over 57% of Small Business Owners are Baby Boomers Over 57% of small business owners are baby boomers, according to findings from the latest Small Business Trends survey conducted by Guidant Financial and the LendingClub Corporation. The survey, polling more…

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May 13, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Q2 Survey Results Find Business Conditions are Good Key findings revealed in the latest survey from the CNBC/Survey Monkey survey, which polled 2000 small business owners, indicate that business conditions are good. “Across a number of key fronts, small business…

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May 10, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday – Billings Man Indicted for Defrauding Canadian Bank A Montana businessman was indicted for bank fraud for allegedly inducing a Canadian Bank to loan him more than $40 million based on phony loan documents. Todd Capser, 47, of Billings, was arrested May…

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May 6, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Small Business Owners Optimism Down Slightly In the semi-annual survey of small business owners released by Bank of America, it indicates a slight decline in optimism levels. Of 1,504 small business owners surveyed, here are the stats: 48% predicted the…

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