SBA Loan Closings
SBA Loan Closing Attorney in Houston, TX
SBA loans involve detailed documentation and closing procedures. Lenders and Certified Development Companies (CDCs) need closing counsel who knows the program.
Lender & CDC Representation
Legal Services for SBA Lenders and Certified Development Companies
Lawji Law is an SBA loan closing attorney for lenders and CDCs across Houston and Texas, preparing and reviewing documentation for SBA 7(a) and 504 transactions.
Attorney Eric R. Hird regularly closes SBA loans and holds an Expedited SBA 504 Loan Closer designation.
Loan Programs
- 01 SBA 7(a) Loans
- 02 SBA 504 Loans
- 03 Commercial Loans
We Assist With
- 01 Loan Document Preparation
- 02 Collateral Documentation
- 03 Closing Coordination
- 04 Lender Representation
- 05 SBA Audit Assistance
SBA 7(a) Loan Closing Services
Documentation and Closing Counsel for 7(a) Lenders
The 7(a) program is the SBA’s primary business loan program, guaranteeing loans that participating lenders make to eligible small businesses.
We identify the documents each transaction requires and prepare the agreements and instruments, reviewing borrower records, collateral and guarantees as needed.
Qualifying Purposes Include
- Commercial real estate
- Equipment purchases
- Working capital
- Certain ownership changes
SBA 504 Loan Closing Services
Legal Support for CDCs and Lenders
The 504 program provides long-term financing for fixed asset projects such as commercial real estate, construction and equipment, through SBA-certified nonprofit CDCs.
We represent CDCs and lenders in 504 closings, preparing and reviewing closing documents and coordinating the legal components of the closing.
Important: Attorney Eric R. Hird has received an Expedited SBA 504 Loan Closer designation.
Discuss an SBA 504 ClosingCommercial Lending
Loan Document Preparation for Lenders
Commercial lending documents set out the borrower’s obligations, the lender’s rights and the collateral. What you need depends on the financing structure and borrower.
Our lending services include:
- 01 Commercial loan document preparation
- 02 Loan agreement review
- 03 SBA 7(a) and 504 loan documentation
- 04 Security and collateral documentation
- 05 Lender representation
- 06 SBA audit assistance
- 07 Closing coordination
Deals involving commercial real estate or a business acquisition may need added review of ownership, entity authorization and collateral.
504
Expedited SBA 504 Loan Closer designation
Attorney Eric R. Hird
Why Lenders Work With Lawji Law
Experience in SBA Lending and Loan Documentation
Lenders and CDCs need counsel who understands how financing terms, loan documents and SBA requirements fit together.
- Attorney Eric R. Hird focuses primarily on lender and CDC representation.
- Our firm also handles the commercial real estate, business acquisition and title matters that often accompany financing.
- Our Sugar Land office serves lenders throughout the Houston area and Texas.
Accurate documents, clear communication and attention to each financing arrangement.
Meet Our AttorneysFAQ
SBA Loan Closing FAQs
Have another question? Call our office to discuss your transaction.
(281) 565-4621 Browse All FAQsPrepares and reviews loan agreements, collateral documents, borrower authorizations and guarantees, and coordinates the legal side of closing.
7(a) loans fund several business purposes such as working capital and equipment; 504 loans finance long-term fixed assets through CDCs and participating lenders.
It depends on the program, lender requirements, documents and outstanding conditions. Lenders should confirm the schedule for each transaction.
Contact Lawji Law for SBA Loan Closings
Send Us Your SBA Closing Details
Share the loan program, anticipated closing date and any concerns, and we will discuss the scope of legal services.
Our Houston area attorneys work from First Colony Blvd. in Sugar Land, serving Fort Bend County, The Woodlands, Montgomery County and the Greater Houston Area.