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Coleman Movers & Shakers — Ross Blanchard, Rowan Sbaiti, Gregg Mitchell, and...

April 16, 2020  By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Ross Blanchard, Rowan Sbaiti, Gregg Mitchell, and SBA Temporary Employees Ross...

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Implementation of 7(a) & 504 6-Month Debt Relief Payments

Implementation of 7(a) & 504 6-Month Debt Relief Payments Home Speakers Agenda Registration 75 minutes of Online Training for your staff A Coleman Webinar Date: Tuesday, April 21, 2020 Date:...

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Fraud Friday — Michigan Farmers Headed to Trial Over $68 Million Bank Fraud...

April 17, 2020  By Caity WituckiContributing Editor, Fraud Friday Fraud Friday — Michigan Farmers Headed to Trial Over $68 Million Bank Fraud Charges Melissa and Michael Stamp, the former owners of...

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Main Street Monday – 54% of Small Businesses Expect to be Closed by the End...

April 20, 2020 By: Caity WituckiContributing Editor, Main Street Monday Main Street Monday – 54% of Small Businesses Expect to be Closed by the End of the Week According to a study conducted by MetLife...

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Hot Topic Tuesday –  The First Round of Funding for PPP Proves Successful

April 21, 2020 By: Caity WituckiContributing Editor, Hot Topic Tuesday Hot Topic Tuesday –  The First Round of Funding for PPP Proves SuccessfulLast Friday SBA Administrator, Jovita Carranza and...

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BREAKING NEWS — Senate Approves Nearly $500 Billion CARES Act Expansion

April 21, 2020  By Caity Witucki Contributing Editor BREAKING NEWS — Senate Approves Nearly $500 Billion CARES Act Expansion On Wednesday, April 21, 2020, the U.S. Senate voted unanimously to approve a...

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C-Suite Wednesday –  Community Bankers Push for Changes to the Main Street...

April 22, 2020 By: Caity WituckiContributing Editor, C-Suite Wednesday C-Suite Wednesday –  Community Bankers Push for Changes to the Main Street Loan ProgramOn April 9, 2020, the Federal Reserve...

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President Trump Applauds Banks for Contributing to the Success of PPP

April 22, 2020  By Caity Witucki Contributing Editor President Trump Applauds Banks for Contributing to the Success of PPP On Wednesday, April 22, 2020, President Trump thanked the SBA lending...

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BREAKING NEWS — The House Passes Paycheck Protection Program and Health Care...

April 23, 2020  By Caity Witucki Contributing Editor BREAKING NEWS — The House Passes Paycheck Protection Program and Health Care Enhancement Act On Thursday, April 23, 2020, the U.S. House of...

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Fraud Friday —  Department of Justice Prepares for Coronavirus Stimulus Fraud

April 24, 2020  By Caity Witucki Contributing Editor, Fraud Friday Fraud Friday —  Department of Justice Prepares for Coronavirus Stimulus Fraud On April 21, 2020 the U.S. Department of Justice issued...

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BREAKING NEWS — PPP to Resume Monday at 10:30AM EDT

April 24, 2020  By Caity Witucki Contributing Editor BREAKING NEWS — PPP to Resume Monday at 10:30AM EDT SBA Administrator, Jovita Carranza, and U.S. Treasury Secretary, Steven T. Mnuchin, announced...

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Main Street Monday – Distribution of Initial PPP Funding Among Small Businesses

April 27, 2020 By: Caity WituckiContributing Editor, Main Street Monday Main Street Monday – Distribution of Initial PPP Funding Among Small BusinessesLast week, USAFacts released a report detailing...

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Hot Topic Tuesday – Calculating the Maximum PPP Loan Amount for Different...

April 28, 2020 By: Caity WituckiContributing Editor, Hot Topic Tuesday Hot Topic Tuesday – Calculating the Maximum PPP Loan Amount for Different Types of Businesses On Monday, the U.S. Department of...

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C-Suite Wednesday –  Guidance on Participation Sales for Paycheck Protection...

April 29, 2020 By: Caity WituckiContributing Editor, C-Suite Wednesday C-Suite Wednesday –  Guidance on Participation Sales for Paycheck Protection Program Loans On Monday, the SBA issued a procedural...

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BREAKING NEWS — SBA and Treasury Announce Reserved Processing Time for...

April 29, 2020  By Caity Witucki Contributing Editor BREAKING NEWS — SBA and Treasury Announce Reserved Processing Time for Lending Institutions with Less than $1 Billion in Assets To ensure fair and...

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Coleman Movers & Shakers — Wintrust, ChoiceOne, First Bank & Trust Company,...

April 30, 2020  By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Wintrust, ChoiceOne, First Bank & Trust Company, and Crestmark Wintrust Aids Over...

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Fraud Friday — Former FBI Agent Attempts to Conceal Organized Crime Income on...

May 1, 2020 By Caity WituckiContributing Editor, Fraud Friday  Fraud Friday — Former FBI Agent Attempts to Conceal Organized Crime Income on Loan Application Former FBI Agent, Babak Broumand, was...

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Main Street Monday — Small Business Restaurants Adapt Amid Capacity Restrictions

May 4, 2020  By Caity WituckiContributing Editor, Main Street Monday Main Street Monday — Small Business Restaurants Adapt Amid Capacity Restrictions When Texas Governor, Greg Abbott announced that...

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Hot Topic Tuesday –  SBA Administrator and Treasury Secretary Issue Joint...

May 5, 2020 By: Caity WituckiContributing Editor, Hot Topic Tuesday Hot Topic Tuesday –  SBA Administrator and Treasury Secretary Issue Joint Statement on the Second Round of PPP FundingOn Sunday, SBA...

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C-Suite Wednesday – Fintechs Take Lead in Establishing PPP Loan Forgiveness Apps

May 6, 2020 By: Caity WituckiContributing Editor, C-Suite Wednesday C-Suite Wednesday – Fintechs Take Lead in Establishing PPP Loan Forgiveness Apps The Paycheck Protection Program (PPP) was designed...

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