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2019SBA 504 LOAN CLOSING TRAININGONLINE ON DEMAND ON YOUR SCHEDULEREGISTRATION IS ALWAYS OPENNeed 504 Loan Closing Training or CLE hours?Want the convenience of training on your schedule?Want affordable training without leaving your office?Want to save money with no airfare, no hotel,no ground transportation and no other out-of-pocket costs?Janice E. Garlitz, P.C. is offering its comprehensive SBA 504 Loan Closing Course online inconjunction with Lawline.com, a national provider of continuing legal education. This Course isdesigned for attorneys, paralegals, CDC executives and staff, bankers and bank counsel handling SBA504 Loans.Registration: To register with Lawline, go sing-basics-package-2019-updateCost: Cost: 20% DISCOUNT: If you purchase the Bundle (entire Course), a 20% discount is offered 899.00 per participantfor groups of 2 or more staff from the same CDC or bank, 2 or more lawyers orparalegals from the same law firm, or 2 or more persons (staff and lawyers)representing the same CDC.To obtain the discount, call Lawline.com at 1-877-518-0660 Same price for CDC staff and attorneys - no membership required and no membershipfees Federal Government Rate: 699.00 per federal government participant

When:Parts of the 504 Loan Closing Course were previously recorded. Updated sessions will be live webcastswith Q&A in Lawline.com's state-of-art studio in New York City as described below.The entire 504 Loan Closing Course will be available online on demand on your schedule starting April5, 2019!If you have purchased the entire Course bundle or individual sessions, but cannot view all of asession at one time, don't worry. You can watch any session online on demand on your schedule untilyou have completed the entire session and you can access any of the sessions as many times as you wantthis year.Content:The SBA 504 Loan Closing Course is offered in 13 sessions. You can register and take the entireCourse for a bundled price or you can register and take individual sessions a la carte. For thoseinterested in becoming Designated Attorneys, you must take the entire Course.A detailed Agenda appears at the end of this announcement. The 13 sessions are:Session 1Overview of the SBA 504 and 7(a) Loan Programs2019 Live Webcast: April 2, 2019 10:00 AM - 1:10 PM EDTSession 2Authorization for Debenture Guarantee (SBA 504 Loan)Session 3Eligible Passive Company and Operating Company Loans for SBA 504 and 7(a) LoanClosingsSession 4Types of Borrower and Guarantor Entities and Property Ownership in SBA 504 and 7(a)Loan ClosingsSession 5Project Cost, Borrower's Contribution, Fees and Use of Proceeds in SBA 504 LoansSession 6Interim Financing and Third Party Loans in SBA 504 Loans2019 Live Webcast: April 2, 2019 2:00 PM - 3:30 PM EDTSession 7Real Property Collateral in SBA 504 and 7(a) Loan ClosingsSession 8Other Collateral in SBA 504 and 7(a) Loan ClosingsSession 9Insurance in SBA 504 and 7(a) Loan ClosingsSession 10Environmental Requirements in SBA 504 and 7(a) Loan ClosingSession 11.Other Closing Conditions of SBA 504 Loans2019 Live Webcast: April 2, 2019 4:00 PM - 5:00 PM EDT

Session 12.Closing, Funding and Post-Funding Requirements of SBA 504 Loans2019 Live Webcast: April 3, 2019 9:30 AM - 11:30 AM EDTSession 13.Putting It All Together: Case Studies of 504 Loans2019 Live Webcast: April 3, 2019 12:30 PM - 2:00 PM EDTSBA and CLE Credits: The 504 Loan Closing Course materials are approved by the U.S. SmallBusiness Administration (SBA).This Course fulfills SBA's requirement that attorneys attend an SBA-approved Closing Course as part ofbecoming a Designated Attorney and for CDC staff to acquire the requisite knowledge about 504 LoanClosings.Once you have taken the SBA 504 Loan Closing Course, simply complete and e-mail your Certificationof Attendance to Janice E. Garlitz for reporting your attendance to SBA and to obtain your Certificate ofCompletion to download and print. Also download your Lawline.com certificate for your records andCLE reporting.The Course provides 19.5 hours of CLE (0 ethics hours) based on 60-minutes CLE reporting. When youcomplete the Course, attorneys will be prompted to download a certificate of completion from theLawline.com website for state bar CLE reporting.Lawline.com is a preapproved CLE provider in the following states:AlaskaGeorgiaNew JerseySouth CarolinaWebcast only:ArizonaHawaiiNew MexicoVirginia (pending)CaliforniaIllinoisNew YorkWest xasArkansasOn demand only:North CarolinaLawline.com and the Instructor are seeking course accreditation in other states. Please check theLawline.com registration page with hyperlink above to see if your state has accredited the course. If not,then you will need to apply with your state bar's CLE department for individual course credit. If youneed any forms signed for CLE credit, please forward them to jangarlitz@netzero.netWhy Take This SBA 504 Loan Closing Course? Course Materials are SBA-approved 504 Loan Closing Course Manual - Participants registered for the entire Course willreceive the 504 Loan Closing Course Manual of approximately 600 pages fully annotated tothe statutes, regulations, SOPs, National Authorization Boilerplate and Forms, and theChapters are in searchable pdf format.

504 Loan Closing Forms Manual - Participants registered for the entire Course will receivethe 504 Loan Closing Forms Manual. The Manual has more than 130 forms, including allSBA Forms required for closing 504 Loans with instructions, SBA Sacramento LoanProcessing Center and Commercial Loan Servicing Center forms for closing 504 Loans, andmore than 40 sample forms, including updated 327 action templates, so that you do notreinvent the wheel! PowerPoint Presentation - Participants registered for the entire Course will receive thePowerPoint with more than 600 slides covering all aspects of 504 Loan closings. Registrantsfor individual sessions will receive the PowerPoint for that session(s). The PowerPoint isdownloadable when you log on with Lawline.com. Case Studies - Participants registering for the entire Course will receive 2 case studies. Thecase studies are designed to learn not only how to complete closing Forms, but also how toplan your closing process from Authorization through sending documents to the SBACommercial Loan Servicing Centers (CLSC), and how to handle problem areas. Distribution of Course Materials - The Course Manual, Forms Manual and case studieswill be distributed electronically via e-mail. Experienced Instructor Jan Garlitz, President, Janice E. Garlitz, P.C. - 24 years of experience preparing, updatingand teaching the 504 Loan Closing and 504 Loan Closing Update Courses, 32 years ofexperience closing SBA loans for CDCs and banks, and 29 years of experience teachingadult legal education courses.Checkout the website:http://www.janicegarlitz.com Practice Tips - with 32 years of experience in closing SBA Loans for CDCs and banks, I have tipsto improve your closing process and make it as seamless as possible Updates - All participants registering for the entire Course will receive e-mail updates to thecourse materials through 2019. Updates are included in your Course registration fee. Attorney and CDC Staff attendance reported to SBA - attendance for all attorneys and CDCstaff who attend the entire Course will be reported to SBA CLE - for attorneys Prerequisite - None Agenda - attached

AGENDASession 1:Topics:Session 2:Topics:Overview of SBA Loan Programs (3.0 Hours) Authorization for Debenture Guarantee (SBA 504 Loan) (1.5 Hours) Session 3:Topics:Goals of SBA Loan ProgramsTypes of CDCs and 7(a) LendersFinancing Options for 504 LoansEligible and Ineligible Use of SBA Loan Proceeds504 Job Creation and Economic Development CriteriaSBA Loan Amounts and SBA GuarantiesEligible and Ineligible BorrowersOverview of 504 Loan ClosingOverview of Debenture Funding, Post-Funding and RepaymentReview of National Authorization Boilerplate and Standard CollateralConditionsSigning the AuthorizationWhat is the AuthorizationAmending the AuthorizationGuarantors: who must guarantee and waiversEligible Passive Company and Operating Company Loans (1.0 Hours) EPC/OC regulationRequirements for EPC/OC loan structureEPC/OC lease requirementsGuarantee and Trust requirementsMultiple businesses

AGENDASession 4:Topics:Types of Borrower and Guarantor Entities and Property Ownership (2.5 Hours) Session 5:Topics:Project Cost, Borrower Contribution, Fees and Use of Proceeds (1.0 Hours) Session 6:Topics:Individual and Husband/Wife Proprietorships and requireddocumentationPartnerships (General, Limited and Limited Liability) and requireddocumentationCorporations (Stock, Professional and Non-stock, Subchapter Cand Subchapter S) and required documentationLimited Liability Companies (LLCs, Professional LLCs and SeriesLLCs) and required documentationTrusts and required documentationTrade, Fictitious, Assumed and d/b/a Names and requireddocumentationForms of Property Ownership (tenancy in common, joint tenancy,tenancy by the entirety and community property)Eligible Project Costs and Administrative CostsBorrower Contribution (cash or equity) and borrowed contributionsMandatory increased Borrower Contribution for new businesses andspecial-purpose propertiesCosts in excess of Project CostsAllowable 504 FeesEvidence of Use of ProceedsInterim Financing and Third Party Loan (1.5 Hours) Components of Project FinancingSources of Interim Financing and Do-It-Yourself ConstructionConstruction EscrowsConstruction ContingenciesInterim Loan DocumentsInterim Lender CertificationThird Party Loan DocumentsTerms of Third Party LoansThird Party Lender AgreementDebt Refinancing Without ExpansionThird Party Lender Participation FeeSeller FinancingSubordinated Financing including Industrial Revenue or DevelopmentBonds

AGENDASession 7:Topics:Session 8:Topics:Session 9:Topics:Real Property Collateral (1.0 Hours) Lien Instruments, Mandatory Language and Assignments to SBASurveysTitle Insurance Commitments, Policies and EndorsementsJudgments and LiensTitle Reports and Attorney Title OpinionsCondominiumsState Boilerplate OptionsLeased Land Deals with Third Party LandlordsNon-Project Real Property CollateralOther Collateral (1.0 Hours) Equipment and FixturesSecurity Agreements and UCC Financing StatementsEquipment ListUCC Lien SearchesLeased Business Premises and Landlord's Subordination AgreementAssignment of [Leases and] RentsPercentage OccupancyThird Party Leases and SubleasesStandby Creditor's AgreementSubordination AgreementsOther Types of Personal Property and AssignmentsInsurance (1.0 Hours) Life Insurance and Collateral AssignmentsFlood Insurance and FEMA 086-0-32 FormHazard or Property Casualty InsuranceOther Types of Insurance including Full Marine, Liability, DramShop/Host Liquor, Professional Liability and Workers' Compensation