SBA Loan Officer

Choiceone-Bank; Fenton (MI); On-site; USD 65,000 - 95,000; Full time

Job summary

Choiceone-Bank seeks an experienced SBA Loan Officer to manage end-to-end origination, underwriting, closing and servicing of SBA 7(a) and 504 loans in Michigan. You will coordinate with internal teams, perform credit analysis, and ensure SBA compliance throughout the loan process.

You will also mentor junior staff, support business deposit relationships, and help meet bank and department goals through effective collaboration and process improvement.

Qualifications

• Bachelor’s degree required or equivalent experience.
• 5 years’ experience with government loan programs.
• 1–3 years underwriting and management of commercial loans.
• Strong knowledge of SBA Guaranty programs.
• Excellent written and oral communication; public relations with customers.
• Proficiency in MS Office; ability to research and analyze information.

Responsibilities

• Originates and processes SBA 7(a) and 504 loan applications.
• Assesses borrower SBA eligibility and coordinates with SBA representatives.
• Prepares and submits complete loan packages to SBA for approval.
• Coordinates with internal departments and vendors to ensure timely closings.
• Monitors loan performance and assists with servicing and portfolio management.
• Ensures documentation is accurate, complete, and compliant with SBA and Bank standards.

Skills

Government loan programs

Underwriting

Commercial loans

Sales & business development

Negotiation

Communication

Public relations

Education

Bachelor's Degree in Business, Finance, or related field

Tools

Microsoft Office Suite

CRM systems

Job description

Corporate Values & Mission“Provide superior service, quality advice and show our utmost respect to everyone we meet.”General SummaryThe SBA Loan Officer is responsible for managing the end-to-end process of SBA loan origination, underwriting, closing, and servicing. This role ensures compliance with SBA guidelines and internal policies, while supporting small business clients through the loan application, funding, and servicing. The SBA Loan Officer is expected to assist other bank staff members in gathering credit information, underwriting the financing request, coordinating bank and SBA approval, and servicing the relationship.The position of SBA Loan Officer is responsible for attaining established Bank and department goals through active participation in promoting the SBA loan product line with bank staff and assisting officers on their calling programs. The position involves supervising and providing leadership, training and support to less experienced loan officers and other credit and SBA staff members to facilitate loan closing and loan servicing activities. As appropriate, further assistance may be required in developing business deposit relationships with customers and assisting in attaining established Bank and department goals.Reports To: SBA Program ManagerEssential Duties and ResponsibilitiesOriginates and processes SBA 7(a) and 504 loan applications.Assesses borrower SBA eligibility.Provides guidance and support to small business clients throughout the loan process.Prepares and submits complete loan packages to SBA for approval.Coordinates with internal departments, third-party vendors, and SBA representatives to ensure timely loan closings.Maintains up-to-date knowledge of SBA regulations and changes.Monitors loan performance and assists with servicing and portfolio management.Ensures all documentation is accurate, complete, and compliant with SBA and Bank standards.CompetenciesWritten and Oral Communication – Effective written and oral communication skills required, with the ability to interface with Internal and external stakeholders and community partners. Has group presentation skills.Quality – Demonstrates accuracy and thoroughness; monitors own work and the work of others to ensure quality.Analytical – Synthesizes complex and diverse information; collects and researches data; uses intuition and experience to complement data.Judgment – Displays willingness to make decisions; exhibits sound and accurate judgment; supports and explains reasoning for decisions; includes appropriate people in decision-making process. Makes timely decisions.Strategic Thinking – Understands organization’s strengths and weaknesses; analyzes market and competition; identifies externals threats and opportunities; adapts strategy to changing conditions.Project Management – Develops project plans; coordinates projects; communicates changes and progress; completes projects on time ad budget; manages project team activities.Initiative – Undertakes self-development activities; takes independent actions and calculated risks; looks for and takes advantage of opportunities; asks for and offers help when needed.Physical Demands and Work EnvironmentAbility to work in an office environment which may include many hours of computer and telephone usage.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.This position description is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Employees may be required to perform any other job-related instructions as requested by their supervisor, subject to reasonable accommodations.QualificationsTo perform this job successfully, an Individual in this position must be able to perform each of the above essential duties satisfactorily and exhibit the values of the Company. In addition, the requirements listed below are representative of the knowledge, skill and/or ability required.Experience and/or EducationBachelor’s Degree in Business, Finance, or related field, or equivalent experienceFive (5) years’ experience with government loan programsOne (1) to three (3) years’ experience underwriting and management of commercial loansExtensive knowledge of Government Guaranty programs, policies, and proceduresStrong sales, organizational, communication, and public relations skills, particularly in working with customers or prospective customersStrong business development skillsStrong negotiations skillsGood research skillsSolid understanding and knowledge of bank products and servicesExcellent computer skills relevant to Microsoft Office SuitesLicenses & DesignationsNMLS Registration