SBA Loan Closings (Session 12): Closing, Funding and Post-Funding Requirements of 504 Loans

This program can be taken individually or as Session 12 of the 504 Loan Closing Course. This Session is designed for attorneys and paralegals, CDC managers and staff, and bankers and bank counsel engaged in closing SBA 504 Loans or interested in closing 504 Loans.

Learning Objectives:

1. 504 Loan Closing Forms
2. Site Visits
3. Closing and Recording Lien Instruments
4. Closing Settlement Statement
5. Qualifications of CDC to Become a Priority CDC
6. Qualifications of Designated Attorney
7. Expedited Closing and Submission of Closing Packages to SBA
8. Submission of Documents to Central Servicing Agent
9. Submission of Documents to Commercial Loan Service Center
10. Complete File Reviews
11. Responsibility for Closing and Enforcement Actions
12. Independent Loan Reviews

This course and all 504 Loan Closing and 7(a) Loan Closing courses were produced with a partner and are not included in any of our unlimited CLE subscriptions.