SBA Loans Pt. 3

Yesterday I put together all of the documents needed to close the loan with the exception of Danna's Life Insurance Policy which State Farm is taking their sweet time underwriting. I must say - I'm a little disappointed in the turn around time.

I made three copies of everything I have and dropped one off to my lawyer and FedEx'ed another to the Bank's lawyer. She should have it this morning and will then review to see where we stand. The SBA rep of Commerce Bank already has a copy and I've been sending her stuff along the way. We're getting there. At this rate, I hope to close on Wednesday of next week. That would be perfect...but we'll see.