Clean Up Your PPP Loan Balances For FY24 — 8/23

Removing Defaulted and Unforgiven Loans From Your Books by September 30, 2023

Attend the Live Webinar Event
Wednesday, August 23, 2pm Eastern.

Webinar Order Form

The public spat between SBA and the Inspector General about how much fraud is in the PPP loan program ($36 billion? $200 billion)? has spilled over to Congress to referee.

The problem for lenders is they will soon be caught in the middle of the bouncing numbers and suffer the fallout of the confrontation. Look out for the inevitable policy notices SBA will be forced to release under Congressional pressure requiring lender actions on outstanding balances.

SBA PPP Serving Expert Instructor Lance Sexton preaches it is best to be proactive and clean up your PPP loan balances as soon as possible –specifically

  • Delinquent
  • Unforgiven
  • In Liquidation

Lance will give you his latest tips to streamline this process and get them off your books before the start of fiscal year 2024 beginning just two months away — October 1, 2023.

You will Learn:

  • Strategies to Get Forgiveness on the “low-hanging fruit” PPP loans
  • Strategies for getting documentation from the non-responsive PPP borrower
  • Borrower PPP loan non-forgiveness ramifications
  • Structuring payments for the unforgiven loan
  • Factors in submitting reconsiderations for SBA forgiveness denials
  • Pulling the trigger for PDK preparation and charge-off
  • Documentation required for the PDK
  • Overcoming Etran errors — including the 544 error
  • Seizure of Assets — IRS, DOJ, State
  • Chapter 7 Bankruptcy Filings
  • Chapter 11 Bankruptcy Filings
  • The difference between a PPP loan and an SBA 7(a) loan
  • Site Visits and Documentation of Site Visits
  • Using the SBA Loan Servicing Matrix
  • Litigation and the PPP Loan — Does SBA pick up legal fees?
  • What happens if your institution is sued by the borrower?
  • Should there be Care and Preservation of Collateral Expenses.
  • Business Acquisition Tips to Protect the Lender
  • Can/should the PPP loan be assumable
  • What to do if there is a documentation problem with the loan.
  • How to manage the borrower during this transitional phase.
  • How to apply loan payments when the loan is in default.

Coleman Report Webinar Benefits:

  • Coleman Report webinars provide solutions to problems that left unaddressed will jeopardize the SBA loan guarantee.
  • We give management the tools to create prudent credit boxes compliant with SBA’s standard operating procedures.
  • We train your staff to ensure compliance of existing and new SBA rules and regulations.
  • Tips that solve difficult SBA underwriting, servicing and liquidation challenges.

Lance Sexton, Coleman Faculty Instructor
A former small business owner, Lance Sexton has a successful history of working with small business owners and students related to entrepreneurship and SBA loan origination, servicing, and liquidation.
He has received three training industry awards for his webinar instruction and his 8-week loan closing course.
Lance has over 30 years of experience, including ten years directly managing portfolios of SBA loans. Lance was an entrepreneurship faculty member of the Sam M. Walton College of Business at the University of Arkansas. He is an Executive Vice President of Fountainhead Commercial Capital and has been affiliated with Coleman Publishing for over eight years.

Bob Coleman is the Author of “Money Money Everywhere and Not a Drop for Main Street.” He is the founder of Coleman Publishing, a publisher of newsletters, reports, data, conferences, webinars, online training videos — to help finance professionals become small business lending experts.
Bob is the nationally recognized expert on small business financing. He has appeared frequently on Fox Business News, NPR and other numerous media outlets. He is sourced by all print media. He is a frequent speaker about small business lending throughout the US and EU. Bob has a BA in Medieval History from the University of California Santa Barbara and a MBA in Real Estate Finance from the University of Southern California.
Bob has earned numerous awards as a producer of events and video training.
His passion is getting capital to Main Street and Rural American small business.

How the Webinar Works

We use GoToWebinar as the webinar platform.
We will open the webinar for attendees to join at 1:30 pm ET. This will give each attendee thirty minutes before the webinar begins to troubleshoot any technical issues. Call (818) 790-4591 if you need assistance.

All Coleman webinars are recorded and a link is sent to all attendees.

Single Site License
The single site license grants your institution one viewing of the webinar. It is permissible to use a single site license on one device in a conference room to be viewed by multiple attendees The webinar can be viewed on any device.

Multiple Site License
A multiple site license is an unlimited access pass for anyone at your institution. You will be given a link that will be usable to anyone with your email domain.

Webinar Links and Handouts
The webinar link will be included on your sales receipt.
The link will also be included when we send the presentation and handouts. These will be sent by eod the day before.

Participants Earn Certificates of Participation
All Coleman Webinar attendees will receive a certificate of participation. This documents your continuing education history for SBA and your regulators.

Questions throughout the webinar are strongly encouraged. There are two ways to ask a question. The first is to ask the question via the chat box on the GoToWebinar dashboard. The second is to send an email to Also, feel free to ask pre and post-webinar questions.

Telephone Only Option
You may also choose to listen to the program on your telephone. The phone number will be provided with the handouts.

The Fine Print
1) Substitutions are allowed at no charge.
2) Cancellations receive a 100% credit for any Coleman product.
3) As with all our products, we offer a 100% money back satisfaction guarantee — no questions asked.

Three Easy Ways to Order

1) ONLINE — Register and pay online
2) EMAILDownload a Registration Form and email to with “Webinar Registration” in the Subject Line. We will do all the paperwork and either send you a sales receipt or an invoice. Pay your Quickbooks generated invoice with a credit card. Download a Registration Form
3) PHONE — Call 818-790-4591.

Bob Coleman
Founder & Publisher