On Demand Audio

SBA Loan Closings (Session 11): Other Conditions of 504 Loans

Produced on April 02, 2019

Taught by
$ 59 504 Loan Closing In Stock
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Course Information

Time 61 minutes
Difficulty Advanced

Course Description

This program can be taken individually or as Chapter 11 of the 504 Loan Closing Course designed for attorneys and paralegals, CDC managers and staff, and bankers and bank counsel engaged in closing SBA 504 Loans or interested in learning more about integrating the closing process with loan eligibility and packaging and loan servicing.

This program discusses the following topics:

  • IRS Tax Transcripts

  • Appraisals

  • Earthquake Hazards and Seismic Certification

  • Construction Requirements and Occupancy Certificates

  • No Adverse Change Determinations

  • Borrower and Operating Company Certifications

  • Compensation Agreements (SBA Form 159)

  • Loan Agreements

  • Franchise, License, Dealer, Jobber and Similar Agreements

  • Management Agreements

  • Customer Identification Program

This course and all 504 Loan Closing courses were produced with a partner and are not included in any of our unlimited CLE subscriptions.

Credit Information

This course is pre-approved for CLE credit in the following states. If your state is not listed, contact support for more information on how to receive credit

Lawline reports attorney attendance in select states. View more about CLE reporting .


Janice E. Garlitz

Janice E. Garlitz, PC

Janice E. Garlitz is a Designated Attorney with 19 years of experience creating, updating and teaching the 504 Loan Closing and 504 Loan Closing Update Courses. She serves as Closing Counsel for multiple CDCs and has 27 years of experience closing 504 and 7(a) SBA loans as well as 24 years of experience teaching adult legal education courses.