LIVE TECHBRIEF: 1244 Update
PLEASE NOTE: When purchasing training
courses, each individual MUST log into the system with their unique
login and purchase their own session in order to receive a certificate
of course completion in the attendee’s name. You cannot register multiple
people for training courses under one login. If you need assistance registering
for online training courses, please email Evan Shaw at eshaw@nadco.org before completing your
purchase.
COST (per viewing screen):
NADCO
Member Rate: Free
Non-Member Rate: $299
SBA/Federal Government Rate: Free
WHO: CDC Business Development Officers, Loan Processors, Underwriters
WHAT: On-Demand Information Session and Q+A
WHY: Join us for this free
information session to help you understand the changes to the new Form 1244 and
ensure your CDC is prepared to correctly complete it. Our panel will walk
through each change and answer all your burning 1244-related questions!
SBA released the new Form 1244 “Application for 504 Loans”
on October 23, 2024. The new form was
effective immediately; however, SBA allows a 30-day grace period for Certified
Development Companies (CDC) to begin using the revised form. Starting November 23rd, CDCs
are required to use the new Form 1244.
PRESENTERS:
Wayne Williams, EVP - Regulatory Affairs & Training,
NADCO
Wayne Williams has over 35 years of experience in SBA lending, including 23
years working with one of the largest CDCs in the nation. A former NADCO Board
member, Wayne has also been a NADCO National Instructor since 2014 teaching
courses on SOPs, Eligibility, Debt Refinance, and 504 Loan Packaging.
Evan Shaw, SVP – External Affairs, NADCO
Evan Shaw has dedicated his entire professional career—and
over half his life—to the SBA 504 industry. His experience includes working
with one of the largest CDCs in the nation, as well as with the 504 loan
program’s Central Servicing Agent (CSA). Over the years, Evan has presented at
numerous industry conferences, panels, and breakout sessions. He is also a
regular instructor for NADCO’s in-person SOP and Packaging classes.