Construction Loan Closing Documentation and Draw Administration: Meeting the SOP Requirements with Perfection — 12/11
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A Coleman Training Webinar
Date: Thursday, December 11, 2025
Time: 2:00 p.m. Eastern
Includes e-certification & recording
Closing a construction loan is one of the most complex—and high-stakes—transactions in SBA lending. Even minor documentation errors can delay funding, cause upstream and downstream disruptions, or result in costly post-closing corrections. This focused training equips SBA lenders, closing specialists, and construction managers with the tools and knowledge to execute flawless construction loan closings and draw administration that fully comply with the SBA’s SOP.
Through real-world examples and best-practice guidance, participants will learn how to identify and assemble every required document, verify third-party reports, and align construction draw schedules, budgets, and borrower equity injections with SOP expectations. The session also clarifies lender responsibilities, key timing requirements, and common documentation pitfalls cited in SBA reviews.
In This Webinar, You’ll Learn How To:
- Understand SBA SOP 5010 8 requirements specific to construction loan closings
- Structure and document disbursement controls, budgets, and equity verification
- Review essential closing documents to ensure they are compliant and complete
- Identify common red flags and prevent post-closing findings
- Coordinate effectively between lenders, contractors, and third-party vendors
Why Attend:
Construction lending under the SBA 7(a) and 504 programs can be a profitable niche—when done right. But it comes with a unique set of documentation and compliance challenges that can derail a project if not properly managed. This training delivers the insights your team needs to support timely, compliant, and successful SBA construction lending.
Join Coleman construction risk management expert Kyle Gustafson as he walks through the key documents, timelines, and risk factors lenders must manage to keep projects on track—and SBA guarantees protected.
Don’t let missing or incorrect documentation jeopardize your project or guaranty. Gain the confidence and know-how to deliver accuracy, compliance, and excellence in every construction loan closing.
Topics Covered in This Webinar Include:
- Addressing a Variety of Types of SBA construction projects: new ground up facilities, leasehold improvements, minor renovations, and single-use properties
- Required construction documentation: A Complete Set of Plans & Specifications, permits, AIA contracts, Phase I, Geotechnical Reports, PCA’s, and Utility Will Serve Letters.
- How to best document SBA equity injections concerning construction
- Lien requirements, releases, Performance Bonds, and Alternatives Bond Products
- How to review the qualifications General Contractors in the SBA Niche
- Construction loan SOP provisions for 7A and 504 Loans
- Managing construction risks: cost overruns, contingency funds, deviations from plans, change orders, and inspection requirements
- Insurance requirements and use of third-party construction management vendors
- Post-construction requirements: certificate of occupancy, substantial completion, retention, and documenting completion
- Loan logistics: interest rate reserve IRR, loan structure, interest only periods, allowable fees, and “What Could Go Wrong?”
- Helping you to set your construction projects up for success. To be completed on time, free of liens, on budget, and a healthy turnkey business.
Some of the Technical Information Includes:
- Site Plans
- Construction Contract AIA
- Development Budget
- Construction Schedule
- ALTA Survey
- Architectural Drawings
- Structural Drawings
- Mechanical, Electrical, Plumbing Drawings
- Civil Drawings
- Landscape Drawings
- Specifications
- Environmental Report(s)
- Geotechnical Report(s)
- Property Condition Assessment (renovation projects)
- Permits
- Utility Will-Serve Letters
Your Training Staff
Kyle Gustafson
Kyle, a National Client Manager at Partner (ESI), focuses on construction services and developing strong client relationships while maximizing existing partnerships. With extensive experience in construction risk mitigation and commercial lending, he builds transparent and dynamic connections within the industry. During the Great Recession, Kyle demonstrated resilience by guiding clients through economic challenges, leading to rapid year-over-year business growth. His career spans diverse projects, from tenant leasehold improvements to large-scale medical centers and community facilities. Whether it’s construction, remediation, or liquidation, Kyle’s expertise ensures borrowers achieve their goals.
Bob Coleman
Bob Coleman is the founder of Coleman Publishing, a publisher of newsletters, reports, data, conferences, webinars, online training videos — to help finance professionals become small business lending experts. Bob is the nationally recognized expert on small business financing. He has appeared frequently on Fox Business News, NPR and other numerous media outlets. He is sourced by all print media. He is a frequent speaker about small business lending throughout the US and EU. Bob has a BA in Medieval History from the University of California Santa Barbara and a MBA in Real Estate Finance from the University of Southern California. Bob has earned numerous awards as a producer of events and video training. His passion is getting capital to Main Street and Rural American small business.
How the Webinar Works
We use Microsoft Teams as the webinar platform. All Coleman webinars are recorded and a link is sent to all attendees.
Single Site License
The single site license grants your institution one viewing of the webinar. It is permissible to use a single site license on one device in a conference room to be viewed by multiple attendees The webinar can be viewed on any device.
Multiple Site License
A multiple site license is an unlimited access pass for anyone at your institution. You will be given a link that will be usable to anyone with your email domain.
Webinar Links and Handouts
The webinar link will be included when we distribute the presentation and handouts shortly before the webinar.
Participants Earn Certificates of Participation
All Coleman Webinar attendees will receive a certificate of participation. This documents your continuing education history for SBA and your regulators.
Questions
Questions throughout the webinar are strongly encouraged. There are two ways to ask a question. The first is to ask the question via the chat in Microsoft Teams. The second is to send an email to anna@colemanreport.com. Also, feel free to ask pre and post-webinar questions.
The Fine Print
1) Substitutions are allowed at no charge.
2) Cancellations receive a 100% credit for any Coleman product.
3) As with all our products, we offer a 100% money back satisfaction guarantee — no questions asked.
3 Easy Ways to Order
1) ONLINE — Register and pay online via QuickBooks $500 or QuickBooks $800
2) EMAIL –Send an email to cindy@colemanreport.com with “Webinar Registration” in the Subject Line. We will do all the paperwork and either send you a sales receipt or an invoice.
3) PHONE — Call us at 818-790-4591.
Bob Coleman
Publisher, Coleman Report
bob@colemanreport.com