On Demand Audio Audio Only

SBA Loan Closings (Session 4): Types of Borrower and Guarantor Entities and Property Ownership in SBA 504 and 7(a) Loan Closings (Audio Only)

Produced on March 18, 2020

Taught by
$ 129 504 Loan Closing and 7(a) Loan Closing In Stock
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Course Information

Time 2h 30m
Difficulty Intermediate
Topics covered in this course: 504 Loan Closing 7(a) Loan Closing

Course Description

This program can be taken individually or as Chapter 4 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:

  • Individual and Husband/Wife Proprietorships and required documentation
  • Partnerships (General, Limited and Limited Liability) and required documentation
  • Corporations (Stock, Professional and Non-stock, Subchapter C and Subchapter S) and required documentation
  • Limited Liability Companies (LLCs, Professional LLCs and Series LLCs) and required documentation
  • Trusts and required documentation
  • Trade, Fictitious, Assumed and d/b/a Names and required documentation
  • Forms of Property Ownership (tenancy in common, joint tenancy, tenancy by the entirety and community property)

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

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .


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.