Fraud Friday — Texas Man Submits Over 400 Fake Employee Names on PPP Application
May 29, 2020 By Caity Witucki Contributing Editor, Fraud Friday Fraud Friday — Texas Man Submits Over 400 Fake Employee Names on PPP Application Last week, Texas resident, Samuel Yates, was arrested on...
View ArticleMain Street Monday – Main Street America Compiles Reopening Guidelines
June 1, 2020 By: Caity Witucki Contributing Editor, Main Street Monday Main Street Monday – Main Street America Compiles Reopening Guidelines Main Street America recently conducted a follow-up to its...
View ArticleHot Topic Tuesday — SBA and Treasury Set Aside $10 Billion for CDFIs to...
June 2, 2020 By Caity Witucki Contributing Editor, Hot Topic Tuesday Hot Topic Tuesday — SBA and Treasury Set Aside $10 Billion for CDFIs to Participate in PPP Minority-owned small businesses were hit...
View ArticleC-Suite Wednesday – House Calls for a Simplified PPP Forgiveness Application
June 3, 2020 By Caity Witucki Contributing Editor, C-Suite Wednesday C-Suite Wednesday – House Calls for a Simplified PPP Forgiveness Application On May 28, 2020, Kentucky Congressman, Andy Barr, and...
View ArticleColeman Movers & Shakers — Commencement Bank, Joseph Coleman, Patti M....
June 4, 2020 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Commencement Bank, Joseph Coleman Patti M. Anderson, and Brad Abel Commencement Bank...
View ArticleMain Street Monday – Nearly 8 in 10 Small Businesses Reopen
June 8, 2020 By: Caity Witucki Contributing Editor, Main Street Monday Main Street Monday – Nearly 8 in 10 Small Businesses Reopen According to the latest MetLife & U.S. Chamber of Commerce Small...
View ArticleHot Topic Tuesday — SBA and Treasury Issue Statement on the Paycheck...
June 9, 2020 By Caity Witucki Contributing Editor, Hot Topic Tuesday Hot Topic Tuesday — SBA and Treasury Issue Statement on the Paycheck Protection Program Flexibility Act On June 8, 2020, SBA...
View ArticleC-Suite Wednesday – PPP Loan Risk Management
June 10, 2020 By Caity Witucki Contributing Editor, C-Suite Wednesday C-Suite Wednesday – PPP Loan Risk Management In March, the lending industry responded to the federal government’s urgent request...
View ArticleColeman Movers & Shakers — Jim Barnett, Hercules Capital, and Fernanda Pedraza
June 11, 2020 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Jim Barnett, Hercules Capital, and Fernanda Pedraza Summit State Bank Welcomes Jim...
View ArticleFraud Friday — Bank President Guilty of Bank Fraud and Arson Violations
June 12, 2020 By Caity Witucki Contributing Editor, Fraud Friday Fraud Friday — Bank President Guilty of Bank Fraud and Arson Violations On June 5, 2020, Anita Gail Moody, the former president of...
View ArticleMain Street Monday – Small Business Optimism Rebounds
June 15, 2020 By: Caity Witucki Contributing Editor, Main Street Monday Main Street Monday – Small Business Optimism Rebounds According to the most recent National Federation of Independent Business...
View ArticleHot Topic Tuesday — SBA and Treasury Announce Revised Guidance Regarding PPP
June 16, 2020 By Caity Witucki Contributing Editor, Hot Topic Tuesday Hot Topic Tuesday — SBA and Treasury Announce Revised Guidance Regarding PPP Last Friday, The U.S. Small Business Administration,...
View ArticleC-Suite Wednesday – SBA Issues New PPP Forgiveness Forms and Interim Final Rule
June 17, 2020 By Caity WituckiContributing Editor, C-Suite Wednesday C-Suite Wednesday – SBA Issues New PPP Forgiveness Forms and Interim Final Rule Today, the U.S. Small Business Administration, in...
View ArticleColeman Movers & Shakers — Dennis Hudson, National Main Street Center, and...
June 18, 2020 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Dennis Hudson, National Main Street Center, and Lendio Dennis Hudson Retiring as CEO of...
View ArticleFraud Friday — Illinois Tech CEO Charged with PPP Loan Fraud
June 19, 2020 By Caity WituckiContributing Editor, Fraud Friday Fraud Friday — Illinois Tech CEO Charged with PPP Loan Fraud On Monday, Chicago area tech CEO, Rahul Shah, was charged with PPP loan...
View ArticleCPR Report: Actual 7(a) Prepays Decrease
June 19, 2020 CPR Report: Actual 7(a) Prepays Decrease By Bob Judge Editor, CPR Report In May, total prepays, including paid excess principal (ACPR), came in at 12.13%, a .11% increase from last...
View ArticleMain Street Monday – U.S. Census Bureau Survey Shows Small Business...
June 22, 2020 By: Caity WituckiContributing Editor, Main Street Monday Main Street Monday – U.S. Census Bureau Survey Shows Small Business Conditions Improving in June The U.S. Census Bureau recently...
View ArticleHot Topic Tuesday — SBA and Treasury to Publish Names of Some PPP Loan...
June 23 2020 By Caity Witucki Contributing Editor, Hot Topic Tuesday Hot Topic Tuesday — SBA and Treasury to Publish Names of Some PPP Loan Recipients On June 19, 2020, the SBA and U.S. Department of...
View ArticleC-Suite Wednesday – FDIC to Mitigate the Deposit Insurance Assessment Effect...
June 24, 2020 By Caity WituckiContributing Editor, C-Suite Wednesday C-Suite Wednesday – FDIC to Mitigate the Deposit Insurance Assessment Effect of Participation in PPP On Monday, The FDIC approved a...
View ArticleColeman Movers & Shakers — Mario Campbell, Jim Frey, Anthony Niciejewski, and...
June 25, 2020 By Caity Witucki Contributing Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Mario Campbell, Jim Frey, Anthony Niciejewski, and Herold Jemison Gulf Coast Small...
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