SBA Loan Closings (Session 6): 7(a) Loan Closing Requirements

Produced on: March 01, 2018

Course Format On Demand Audio

Taught by


Course Description

Time 120 minutes
Difficulty Intermediate

This program can be taken individually or as Chapter 6 of the 7(a) Loan Closing Course. This program is designed for attorneys, paralegals, and bankers engaged in closing SBA Loans, especially 7(a) 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

  • Real Estate Appraisals

  • Earthquake Hazards and Seismic Certification

  • Construction Requirements

  • Compensation Agreements

  • Franchise, License, Dealer, Jobber and Similar Agreements

  • Management Agreements

  • Customer Identification Program

  • Closing 7(a) Loans

  • SBA Closing Forms - mandatory and optional - and mandatory language

  • Perfecting Lien Position

  • Other non-SBA Closing Documents

  • 7(a) Loan Files

  • Post-Closing Follow-up and Checks

  • Review of Key SBA Forms

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


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.


Raphael R.

Awesome presentation as usual.

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$ 149 Business, Corporate, & Securities Law and 7(a) Loan Closing In Stock


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