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

• 1 When a spouse must join, waive, subordinate, or guaranty under community property, dower, or augmented estate rules
• 2 Which corporate documents prove authority: articles, good‑standing certificate, stock ledger, and board or shareholder resolution
• 3 How partnership formation and written partnership or joint venture agreements affect liability and automatic dissolution on partner changes
• 4 How to confirm an individual's legal name for loan and guarantee purposes using deeds, tax returns, and true‑name or also‑known‑as affidavits

Based on transcript analysis