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Coralie Myers 2017-12-05T22:36:15+00:00
Photo of Coralie Myers, Partner

Coralie Myers, Senior Partner & 
SBA Specialist

Your SBA Specialist

Coralie Myers, Senior Partner & SBA Specialist

SBA One – Lead Subject Matter Expert on the SBA One Loan Application project. Worked with developers on creating help text, tool tips and SOP references for lenders to guide them through the eligibility process. Developed Guaranty Fee Estimator used in the program.

Financial/Eligibility Analysis – Made determinations of eligibility for SBA loan programs and creditworthiness. Assessed management ability, financial condition of business and prospects for success. Well-versed in SBA Loan Procedures in processing, servicing and liquidation. Worked with special assets/liquidations for 10 years. Provided bank training on proper SBA procedures to ensure guaranty of commercial credits.

Leadership – Supervised several projects annually for SBA, arranged conferences, set up teams and made sure events went as planned. Established network of partners across the Inland NW to accomplish Agency goals and increase participation in events. Supervised 2-7 employees; backup to Chief Economic Development/Acting Branch Manager from 2001-2005. As a choir director for over 7 years, Coralie was able to get 25 people of all ages and differing levels of skill to “sing the same song – in harmony.”

Public Speaking – Created and conducted presentations for 5-200+ attendees at seminars and conferences; taught classes on Internet Marketing, Finance, Cash Flow, and Business Resources for area colleges, chambers, business organizations, and SBDC classes, and has prepared and presented bank trainings since 1982.

Volunteer Leadership – National Association of Women Business Owners – founder, active since 1995. New Century Economic Development Plan, Spokane Area Chamber, Team Leader – 1998-2001. Young Entrepreneur’s Seminar Planning Committee 1996-2001. Professional Resource Options 1988-1991. Boy Scout Commissioner 1986-1993. SCORE, Counselors to America’s Small Business – advisor 1995-2005, member 2005 – 2014. Certified NxLevel Trainer/Facilitator for Entrepreneurial Training.

Community Involvement – Coralie is active in the Inland NW Chapter of NAWBO, a group she was involved in organizing in 1995, and is a member of the Greater Spokane Valley Chamber of Commerce, and a Woman’s Ministry Leader at New Life Assembly of God Church.

Accomplishments:

Started and grew a successful business operation from the ground up – the Spokane Area Business Information Center (BIC). Coralie started and ran the BIC as a business, measuring its successes, managing finances and operations, purchasing resources, and reporting to the partners in the joint venture. She built one of the top entrepreneurial libraries in the Northwest. Developed operating policies and procedures, systems to improve efficiency and track results. Developed partnerships in the community to increase exposure, provide funding, and increase usage of resources. Conducted market research to identify and target the specific needs of small business. Worked with entrepreneurs, counseled, found resources to help them start and improve their own operations. Developed and published 60-page regional small business resource guide, developed comprehensive business resource web site for the Inland Northwest.

Developed Loan Briefings – Most people want to know about financing a business. To save time, improve the quality of information going out, increase usage of the library and SCORE workshops and promote better business planning, Coralie developed the 1 hour Loan Briefing in 1996. Over 500 people a year attend here, and SBA now holds the briefings nationwide.

Developed/ Coordinated Small Business Month in the Inland Northwest 2000-2004 – Coordinated a month-long celebration of small business, created marketing materials and website, coordinated communication and marketing of events by all partners. Grew from 14 organizations participating and offering 20 events, to 57 organizations offering over 150 events in 2004.

Developed Tracking Databases – 1. To track SBA loans, cross reference to bank loan numbers, assure compliance. 2. To measure usage of resources in the Business Information Center (BIC.) Coralie developed a workshop management database to streamline workshop registration, record keeping and referrals for events done with all partners at the BIC. She also developed the 641 database with Richard Blum in 1997 to track customers. We received an award from national SBA, and that program was the basis for the Economic Development Management Information (EDMIS) System that was used by the SBA and its resource partners nationwide prior to the implementation of the PIMS system.

Developed Mentoring Programs for Women Entrepreneurs – As the SBA’s Women’s Business Ownership Representative (1987-2005) Coralie formed the Women’s Network for Entrepreneurial Training in the Inland Northwest, matching individual entrepreneurs with experienced mentors (1988-1990) which was the model at that time. To increase efficiency and reach more women, she created quarterly roundtables with SBA resource partners, and in 1995 organized the first NAWBO Chapter in the Pacific Northwest, which reached far more women with less staff time required.

Expanded on SBA Success Story program, developing it into an effective marketing vehicle for SBA and its resource partners in the northwest. Framed stories are presented to entrepreneurs at public venues, to SBA resource and lending partners, provided to the media and posted on the Internet. These entrepreneurs sing our praises, and our partners use the stories in joint marketing.This type of marketing is a service now offered by SBA Business Solutions.

Experience – over 34 yrs experience in SBA lending as an SBA loan officer, processing, underwriting and dealing with troubled accounts at SBA. Over 3 yrs experience in banking, overseeing all SBA loans and maintaining a loan portfolio of SBA and direct loans.
Positions held:
  • Senior Partner/SBA Specialist, SBA Simplified, an SBA Lender Service Provider providing training, consulting services and file reviews
  • President, SBA Business Solutions, Inc., an SBA Lender Service Provider offering loan packaging, guaranty purchase packaging, consulting & file reviews
  • Vice President, SBA Officer – established SBA program, maintained loan portfolio
  • SBA Commercial Loan Officer, finance (recommended & approved loans up to $2 million.)
  • SBA Commercial Loan Officer, portfolio management (servicing, workouts, handled commercial liquidation loan portfolio)
  • SBA Liquidation Supervisor (supervised 7 liquidation specialists, managed over 400 accounts)
  • SBA BIC Manager/Economic Development Specialist – Developed regional business resource center serving approx. 15,000 entrepreneurs a year. As Economic Development Specialist, Coralie was lead marketer for the Spokane Office, developing marketing strategies and brochures, flyers, arranged conferences, prepared annual reports, maps, and more. This position also included both loan processing and approvals.
2009 Washington State District Director's Excellence Award

Awards – Coralie received 20 awards from SBA over my last 10 years there, including the SBA Region X Employee of the Year in 1997. In 2004, she received the Community Star Award – Bridge Builder from the National Association of Women Business Owners (NAWBO) for building partnerships that benefited entrepreneurs in the Inland Northwest. In 2007, Coralie received the Community Star Award – Unsung Hero from NAWBO. In May 2009, she received the Washington State District Director’s Award for Excellence for my work with NAWBO and SCORE, Counselors to America’s Small Business.

  • Over 35 years experience in SBA lending, including 10 yrs. liquidation
  • Lead Subject Matter Expert for the SBAOne Project.
  • Experience as a lender, SBA Commercial Loan Specialist, and entrepreneur.
“Our institution and myself have worked with Coralie numerous times in the past to assist the bank in packaging SBA loans for our clients. I highly recommend Coralie. Her knowledge and ability to work through the SBA process is unsurpassed. As a recent example, she was instrumental in successfully helping one local business owner restructure debt and reduce monthly payments by over $20,000 per month. Without Coralie’s help and understanding of the SBA programs, this transaction would have been difficult to put together. As a result, a long time seasoned company was retained along with many jobs so important to our local economy.”
Brent Mathison, Relationship Manager, Banner Bank
“Coralie brings great expertise and passion to the mission of supporting financial instituions as they pursue SBA lending. Her extensive knowledge enables them to pursue the process without fear of origination problems or servicing issues that would cause the repair or loss of an SBA guarantee. I heartly recommend Coralie to institutions seeking such support.”
Doug Wolford, SBA Manager, Washington Trust Bank
“Coralie is very knowledge in SBA packaging, processing, eligibility, closing and servicing. She has done internal, third party audits of my SBA 504 portfolio. She is a good resource for any of your SBA financing questions.”