Fraud Friday – Former Community First VP Charged with Loan Fraud and Arson
April 16, 2021 Caity Roach Editor Fraud Friday – Former Community First VP Charged with Loan Fraud and Arson Former Vice President of Community First Bank of the Heartland, Richard B. Pigg, has been...
View ArticleMain Street Monday – Small Business Owners Struggle To Find Qualified Workers
April 16, 2021 Caity RoachEditor Main Street Monday – Small Business Owners Struggle To Find Qualified Workers “Main Street is doing better as state and local restrictions are eased, but finding...
View ArticleHot Topic Tuesday – SBA Prepares to Launch Restaurant Revitalization Fund
April 20, 2021 Caity RoachEditor SBA Hot Topic Tuesday – SBA Prepares to Launch Restaurant Revitalization Fund Although applications for Restaurant Revitalization Fund (RRF) grants are not yet being...
View ArticleC-Suite Wednesday – Congress Seeks Information on PPP Forgiveness Backlog
April 21, 2021 Caity RoachEditor C-Suite Wednesday – Congress Seeks Information on PPP Forgiveness Backlog Last week, a group of House Republicans sent a joint letter addressed to SBA Administrator...
View ArticleColeman Movers & Shakers – Kristi Von Woglom-Davis, Armand A. Fernandez, and...
April 22, 2021 Caity RoachEditor Coleman Movers & Shakers – Kristi Von Woglom-Davis, Armand A. Fernandez, and Brendan Baldwin Kristi Von Woglom-Davis Joins Wallis Bank “Kristi Von Woglom-Davis...
View ArticleFraud Friday — NASA Senior Executive Pleads Guilty to PPP Loan Fraud
April 23, 2021 Caity Roach Editor Fraud Friday — NASA Senior Executive Pleads Guilty to PPP Loan Fraud “Despite holding a senior executive position at NASA, the defendant applied for over $350,000 in...
View ArticleMain Street Monday — Older Entrepreneurs Dip Into Personal Finances to Stay Open
April 26, 2021 Caity RoachEditor Main Street Monday — Older Entrepreneurs Dip Into Personal Finances to Stay Open According to a recent report published by the Federal Reserve Bank of New York,...
View ArticleHot Topic Tuesday — Rhode Island to Join 17 States in Taxing PPP Proceeds
April 27, 2021 Caity RoachEditor Hot Topic Tuesday — Rhode Island to Join 17 States in Taxing PPP Proceeds Congress chose to exempt forgiven Paycheck Protection Program (PPP) loans from federal income...
View ArticleC-Suite Wednesday — Restaurant Revitalization Fund Opens May 3, 2021
April 28, 2021 Caity RoachEditor C-Suite Wednesday — Restaurant Revitalization Fund Opens May 3, 2021 The SBA has announced that it will begin accepting online portal registrations for the Restaurant...
View ArticleColeman Movers & Shakers — Jordan Wilson, Mike van Vierzen, and Kyle Davidson
April 29, 2021 Caity RoachEditor Coleman Movers & Shakers — Jordan Wilson, Mike van Vierzen, and Kyle Davidson Jordan Wilson Joins Axiom Bank as Vice President, C&I Loan Relationship Manager...
View ArticleFraud Friday – The Prevalence of PPP Loan Fraud Remains Uncertain
April 30, 2021 Caity RoachEditor Fraud Friday – The Prevalence of PPP Loan Fraud Remains Uncertain The Department of Justice, law enforcement agencies, and government watchdogs continue to report...
View ArticleMain Street Monday – U.S. Small Business Recovery Only Slightly Outpaces the...
May 3, 2021 Caity RoachEditor Main Street Monday – U.S. Small Business Recovery Only Slightly Outpaces the Global Average “Since the start of the pandemic more than a year ago, small businesses around...
View ArticleSBA Hot Topic Tuesday — Small Business Lending Activity Improves to Pandemic...
May 4, 2021 Caity RoachEditor SBA Hot Topic Tuesday — Small Business Lending Activity Improves to Pandemic Era High According to PayNet’s most recent issue of Strategic Insights, Small business lending...
View ArticleThe Paycheck Protection Program General Fund Has Been Exhausted
May 5, 2021 Caity RoachEditor The Paycheck Protection Program General Fund Has Been Exhausted Yesterday, the Small Business Administration informed trade associations that Paycheck Protection Program...
View ArticleC-Suite Wednesday – SBA 7(a) Lending Activity Surpasses Pre-Pandemic Level
May 5, 2021 Caity RoachEditor C-Suite Wednesday – SBA 7(a) Lending Activity Surpasses Pre-Pandemic Level Throughout 2020 and early 2021 traditional SBA 7(a) lending slumped as borrowers opted for...
View ArticleColeman Movers & Shakers – David Menoian, Brian King, and First Internet Bank
May 6, 2021 Caity RoachEditor Coleman Movers & Shakers – David Menoian, Brian King, and First Internet Bank David Menoian Promoted to Government Guaranteed Lending Business Unit President “I look...
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