Main Street Monday – Fifth Day of Trial Reveals Manipulating Documents was...
August 2, 2021 Delaney SextonContributing Editor Main Street Monday – Fifth Day of Trial Reveals Manipulating Documents was Common at banc-serv Stacy Allen- Past banc-serv Employee• Kelly was Stacy’s...
View ArticleLGPC Retired Center Director Frank Pucci Testifies banc-serv Submitted...
By Joseph ColemanContributing Editor, Coleman Report August 2, 2021 LGPC Retired Center Director Frank Pucci (2007-2015) testified during day six of the Kerri Agee banc-serv trial that the SBA 7(a)...
View ArticleFLASH: Defense Rests for banc-serv Defendants
August 2, 2021 By Joseph Colemanand Delaney SextonContributing Editors, Coleman Report Final Government witness testimonies wrapped up early Monday afternoon followed by all five defendants quickly...
View Article“It is what it looks like.”– Government Concludes with Closing Arguments...
By Joseph ColemanContributing Editor, Coleman ReportAugust 3, 2021 The Government presented their closing arguments to prosecute banc-serv employees Tuesday morning and reminded the jury, “It is what...
View ArticleJury Gets Five Defendants, 13 Count banc-serv Fraud Case
By Joseph ColemanContributing Editor, Coleman ReportAugust 4, 2021 The banc-serv trial is over and the jury must make tough decisions for Kerri Agee, Kelly Isley, Nicole Smith, Chad Griffin, and Matt...
View ArticleColeman Movers & Shakers – Ross Blanchard and Roxana Rice
August 5, 2021 Contributing EditorDelaney Sexton Coleman Movers & Shakers – Ross Blanchard and Roxana Rice Reliant Business Valuations’ Ross Blanchard Obtains Coveted ASA Designation“We’re proud to...
View ArticleGUILTY, GUILTY, GUILTY, GUILTY, GUILTY
August 4, 2021 By Bob ColemanPublisher ALL FIVE banc-serv Defendants Guilty of SBA LOAN FRAUD Kerri Agee, Co-Founder, CEO — Guilty, 5 counts of Fraud Kelly Isley, Chief Operations Officer — Guilty, 3...
View ArticleFraud Friday — What Happened In the banc-serv Jury Room? Exclusive Coleman...
August 6, 2021 By Joseph ColemanContributing Editor, Coleman Report INDIANAPOLIS — A Juror from the banc-serv SBA Loan Fraud Trial spoke with Coleman Report (August 5, 2021) about reaching Guilty...
View ArticleC-Suite Wednesday – First Three Witnesses at Stand During Kerri Agee Trial
July 28, 2021 Delaney SextonContributing Editor C-Suite Wednesday – First Three Witnesses at Stand During Kerri Agee Trial Here are some of the key points brought up while the first three witnesses...
View ArticleMain Street Monday – The SBA Direct Forgiveness Portal is Live for Lenders...
August 9, 2021 Delaney SextonContributing Editor Main Street Monday – The SBA Direct Forgiveness Portal is Live for Lenders who Opted In “The SBA’s new streamlined application portal will simplify...
View ArticleC-Suite Wednesday – Women-Owned Small Businesses and Supply Chain Stats
August 11, 2021 Delaney SextonContributing Editor C-Suite Wednesday – Women and Supply Chain Stats The SBA Office of Advocacy just released two reports. The first report provides data on women-owned...
View ArticleColeman Movers & Shakers – Justin Schultz, Karen Hilton, and SBA Lending...
August 12, 2021 Delaney SextonContributing Editor Coleman Movers & Shakers – Justin Schultz, Karen Hilton, and SBA Lending Conferences Justin Schultz Joins First Bank & Trust as SVP, SBA...
View ArticleFraud Friday – Newtek Alleges Fraud Prior to banc-serv Convictions
August 13, 2021 Delaney SextonContributing Editor Fraud Friday – Newtek Alleges Fraud Prior to banc-serv Convictions Newtek acquired banc-serv in June of 2016, a little more than a year before the FBI...
View Article2021 Underwriting Credit Memo Requirements for SBA 7(a) Loans Over $350,000 —...
SBA’s SOP 50 10 6 presents SBA lenders a confusing mix of pitfalls, but don’t underestimate the high stakes of compliance.A 75-minute webinar that allows your staff to earn e-certification. Coleman...
View ArticleMain Street Monday – 30% of Main Street Says Supply Chain Issues are Significant
August 16, 2021 Delaney SextonContributing Editor Main Street Monday – 30% of Main Street Says Supply Chain Issues are Significant “Small business owners are losing confidence in the strength of the...
View ArticleSBA Officials: “We Don’t See Any Funding Issues Throughout FY2021”
August 17, 2021 Joseph ColemanContributing Editor SBA Officials: “We Don’t See Any Funding Issues Throughout FY2021” PHILADELPHIA — The 2021 America East Small Business Lending Conference kicked off...
View ArticleSummary of 504 Refinancing Program Updates Per the Economic Aid Act
August 17, 2021 By Joseph ColemanContributing Editor, Coleman Report PHILADELPHIA — A panel of SBA 504 experts including Eddie Tuvin, Chief Lending Officer, FSC First (Coleman Report’s BDO of the Year...
View ArticleColeman Movers & Shakers – SBA Key Staff and George Pereira
August 19, 2021 Delaney SextonContributing Editor Coleman Movers & Shakers – SBA Key Staff and George Pereira The SBA Announces Their Key Staff Office of the Administrator:• Daniel Krupnick –...
View ArticleFraud Friday – Fintech CEO Sentenced 6 Years for Fraud Schemes
August 20, 2021 Delaney SextonContributing Editor Fraud Friday – Fintech CEO Sentenced 6 Years for Fraud Schemes Justin Cheng, also known as Sheng-Wen Cheng, submitted fraudulent relief applications...
View ArticleMain Street Monday – More Business Equity is Related to Higher Net Worth
August 23, 2021 Delaney SextonContributing Editor Main Street Monday – More Business Equity is Related to Higher Net Worth “A substantial amount of family wealth is in business ownership. On average,...
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