SBA Construction Loan Admin

US Bank; San Diego (CA); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

Life insurance

Disability (short/long-term)

Parental leave

401(k) and employer‑funded retirement

Paid vacation

Paid holidays

Adoption assistance

Sick leave

Job summary

U.S. Bank seeks an experienced professional to manage SBA construction and renovation loan transactions, ensuring compliance with SBA rules and bank policy.

The role oversees documentation, lien perfection, and draw disbursements from approval through project completion, including notary attestations. You will partner with Relationship Managers and Underwriters, coordinate with borrowers and title companies, and ensure use‑of‑proceeds and eligibility standards are met across multifaceted

Qualifications

• Experience with SBA lending programs (7(a) and/or 504).
• Knowledge of construction draw administration, lien waivers, and title updates.
• Understanding of collateral structures and multi‑phase construction financing.

Responsibilities

• Review, coordinate, and administer SBA construction/renovation loan transactions per SBA guidelines and bank policy.
• Oversee construction loan documentation, lien perfection, and disbursement controls from approval to final servicing.
• Serve as primary liaison with borrowers, attorneys, title companies, and SBA service providers; ensure adherence to conditions.

Skills

SBA lending

Construction loan administration

Notary Public

Relationship management

Education

High school diploma

Bachelor’s degree preferred

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

Responsible for reviewing, coordinating, and administering Small Business Administration (SBA) construction and renovation loan transactions, ensuring compliance with SBA 7(a) and/or 504 program requirements, bank credit policy, and loan documentation standards. Protects the bank's interest by overseeing construction loan documentation, lien perfection, and the analysis, approval, and administration of construction draw disbursements from loan approval through project completion and final servicing conversion.Construction loan activities support owner‑occupied small business projects, including new construction, renovations, tenant improvements, and expansions for properties such as retail, office, industrial, mixed‑use, and special‑purpose facilities eligible under SBA guidelines. Residential exposure may include mixed‑use properties where permitted by SBA program rules.Works in close partnership with Relationship Managers, SBA Underwriters, and Loan Administrators, serving as the primary liaison with borrowers, attorneys, construction consultants, title companies, and SBA service providers throughout all phases of the construction and disbursement process. Ensures adherence to SBA authorization terms, eligibility requirements, use‑of‑proceeds limitations, and post‑approval conditions. Must meet requirements to be commissioned as a Notary Public.

Basic Qualifications

• High school diploma or equivalent
• Typically two to three years of experience in commercial real estate loan administration, OR at least five years of transferable experience in commercial loan administration

Preferred Skills / Experience

• Working knowledge of SBA lending programs (7(a) and/or 504), including construction, renovation, and leasehold improvement financing
• Familiarity with SBA authorization terms, use‑of‑proceeds rules, lien and collateral requirements, and disbursement controls
• Experience with construction draw administration, including budget review, third‑party inspections, lien waivers, and title updates
• Basic knowledge of commercial lending concepts such as collateral structures, multi‑phase construction, and loans secured by multiple collateral properties
• Technical expertise in loan closing, documentation review, and post‑closing loan management
• Basic knowledge of commercial finance, lending law, documentation, accounting principles, and loan data systems
• Ability to meet requirements to be commissioned as a Notary Public
• Bachelor's degree preferred

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition p