$100 – $695

SBA Loan Closing and Servicing - Waukesha - February 4-5, 2020

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Location

Location

Waukesha County Technical College

800 Main St.

Harry V. Quadracci Education & Technology Center Room #TBD

Pewaukee, WI 53072

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Eventbrite's fee is nonrefundable.

Event description

Description

Participants will be provided with a fundamental understanding of SBA lending - from loan closing to loan servicing. They'll also receive an in-depth understanding of SBA requirements for appropriately closing and servicing SBA 7(a) loans. There is also opportunity to network with like-minded financial services professionals and to share current SBA lending best practices.

This course is recommended for employees involved in Business Lending Services and/or SBA Lending Services (i.e. Business Lenders, Credit Analysts, Loan Administration, Credit Administration.)

Day 1 - SBA 7(a) Loan Closing - 10am - 4pm, lunch included

The majority of the training will focus on:

  • Understanding the authorization
  • Required loan and related documents
  • Documenting required equity injections and use of loan proceeds
  • Reconciling and documenting IRS tax transcripts
  • SBA collateral, insurance and environmental investigation requirements

Day 2 - Fundamentals of SBA 7(a) Lending: Loan Servicing and Closing - 9am - 3pm, lunch included

The following topics will be discussed:

  • Role of the SBA Loan Servicing Center/SBA loan servicing standards for lenders
  • Recent loan servicing change
  • Documentation requirements for unilateral servicing actions
  • Loan modifications
  • How to obtain SBA approval of a proposed loan action
  • Servicing loans sold on the secondary market
  • Helpful hints on protecting your guarantee
  • SBA Form 1502 reporting and Form 1502 common error
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Date and Time

Location

Waukesha County Technical College

800 Main St.

Harry V. Quadracci Education & Technology Center Room #TBD

Pewaukee, WI 53072

View Map

Refund Policy

Contact the organizer to request a refund.

Eventbrite's fee is nonrefundable.

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