SBA Loan Closer

Carter Bankshares in; Greensboro (NC); On-site; USD 58,741,000 - 102,210,000; Full time

Job summary

Carter Bankshares seeks a detail‑oriented SBA loan closer to manage 7(a) closings from conditional approval to funding. You will coordinate with borrowers, attorneys, title companies, and relationship managers to ensure timely, compliant closings and accurate disbursement of funds.

The role requires knowledge of SBA SOP closing requirements, strong organizational skills, and proficiency with loan origination systems and Microsoft Office. Prior SBA closing experience is essential.

Qualifications

• High school diploma or equivalent.
• Prior SBA 7(a) loan closing experience.
• Knowledge of SBA SOP closing requirements.
• Ability to coordinate with borrowers, attorneys and title companies.
• Proficient in Microsoft Office and loan origination systems.

Responsibilities

• Manage SBA 7(a) loan closings from conditional approval through funding.
• Review SBA authorization documents and ensure conditions are satisfied prior to closing.
• Prepare closing packages per SBA SOP and internal closing policy.
• Coordinate directly with borrowers, attorneys, title companies, and RMs to resolve items and schedule closings.
• Ensure timely funding and accurate disbursement of loan proceeds.
• Verify closing documents meet SBA and lender requirements before funding.
• Maintain organized closing files throughout the transaction lifecycle.
• Support post-closing processes including SBA note registration and guarantee purchase documentation.
• Stay current on SBA SOP closing requirements and policy updates.

Skills

SBA SOP closing

Collaboration

Verbal/written communication

Organization

Customer service

Loan origination systems

Microsoft Office

Education

High school diploma

Job description

ESSENTIAL JOB FUNCTIONS:

• Manage SBA 7(a) loan closings from conditional approval through funding, including ordering title, coordinating appraisals, and preparing closing checklists
• Review SBA authorization documents and ensure all conditions are satisfied prior to closing
• Prepare and review closing packages in compliance with SBA SOP requirements and internal closing policy
• Coordinate directly with borrowers, attorneys, title companies, and RMs to resolve open items and schedule closings
• Ensure timely funding and accurate disbursement of loan proceeds
• Verify that all closing documentation meets SBA and lender requirements before funding
• Maintain complete and organized closing files throughout the transaction lifecycle
• Support post-closing processes including SBA note registration, file delivery to servicing, and guarantee purchase documentation
• Stay current on SBA SOP closing requirements and internal policy updates

JOB REQUIREMENTS:

• High school diploma or equivalent required
• Prior SBA 7(a) loan closing experience

KNOWLEDGE/SKILLS REQUIRED:

• Intermediate knowledge of SBA SOP closing requirements, authorization conditions, and funding procedures
• Intermediate collaboration skills
• Intermediate verbal and written communication skills
• Intermediate organizational skills
• Intermediate customer service skills
• Intermediate proficiency with loan origination systems
• Intermediate proficiency with Microsoft Office

PHYSICAL AND MENTAL QUALIFICATIONS:

• Standing, walking, bending and stooping required
• Must be able to sit at a desk for long periods of time and use a computer
• Must be able to occasionally move or lift up to 10 pounds
• May be asked to work supplemental hours periodically
• Limited travel required occasionally during and after business hours

Hourly Pay Range: $20.50 - $35.67 per hour

Benefits: Eligible associates may participate in Carter Bank's benefits package, including medical, dental, vision, life insurance, disability coverage, other voluntary benefits, 401(k), paid time off, and paid holidays.