SBA Loan Processor - Ybor City, FL

vnbcareers; Tampa (FL); On-site; USD 60,000 - 95,000; Full time

Job summary

vnbcareers in Tampa, FL is seeking an SBA loan closing specialist to manage documentation and ensure eligibility for SBA submissions or PLP approvals.

You will coordinate the closing process with attorneys, borrowers, and BDO, review diligence, and ensure SBA SOP compliance while delivering superior customer service.

Qualifications

• Must have detailed orientation and strong organizational skills.
• Excellent verbal and written communication required.
• Ability to work independently and meet deadlines.
• Proficient with Word and Excel; SBA SOP knowledge.
• Knowledge of SBA loan documentation.
• NAGGL training or related SBA certifications is a plus.

Responsibilities

• Perform preliminary analysis to assess documentation for SBA submission or meet PLP requirements.
• Review and prepare SBA loan package for submission or PLP approval. Analyze all aspects of the loan for accuracy and eligibility.
• Manage closing process. Engage attorney and liaison with attorney, borrower, and BDO to close SBA 7a and 504 loans, including scheduling closing.
• Collect and review due diligence needed to close loans in accordance with approval.
• Review all loan closing documentation for accuracy and compliance with bank and SBA approval and coordinate revisions as necessary.
• Analyze equity injection from approval versus final closing injection per SBA requirements.
• Analyze funding requests against original approval to ensure eligibility and to keep our guarantee secure.
• Assist lenders and BDO's with all phases of packaging, funding, and non-intensive servicing.
• Provide superior customer service by resolving issues and providing accurate and timely information.
• Responsible for compliance with SBA SOP and SBA regulations related to this position.

Skills

Attention to detail

Organizational skills

Follow-up

Verbal and written communication

Independent work

Problem-solving

Deadline oriented

SBA SOP knowledge

SBA loan documentation knowledge

Education

High School diploma or GED

College degree preferred

NAGGL training/certifications

3+ years SBA 7(a) experience

Tools

Microsoft Word

Microsoft Excel

Job description

Responsibilities include but are not limited to:

• Perform preliminary analysis to assess documentation required for submission to the SBA or meet PLP requirements. Review and prepare SBA loan package for submission or PLP approval. This involves analyzing all aspects of the loan for accuracy and eligibility.
• Manage closing process. Engage attorney and act as liaison with attorney, borrower, and BDO to efficiently close SBA 7a and 504 loans, including scheduling closing. Collect and review all due diligence needed to close loans in accordance with approval.
• Review all loan closing documentation for accuracy and compliance with bank and SBA approval and coordinate revisions as necessary. Recommend clear to close.
• Analyze equity injection from approval versus final closing injection in accordance with SBA requirements.
• Analyze funding requests against original approval to ensure eligibility and to keep our guarantee secure.
• Assist lenders and BDO's with all phases of packaging, funding, and non-intensive servicing.
• Provide superior customer service (internal and external) by resolving issues and providing accurate and timely information.
• Responsible for compliance with SBA SOP and SBA regulations related to this position.

Required Skills:

• Detail oriented and possess excellent organizational, follow-up, and customer service skills.
• Must possess strong verbal and written communication skills.
• Must possess ability to work independently, have excellent problem-solving skills, and ability to meet deadlines.
• Must be proficient with Word and Excel. Excel is used extensively on a daily basis.
• Must have a thorough working knowledge of the current SBA SOP.
• Must have knowledge of SBA loan documentation. Knowledge of Commercial Loan Documentation.

Required Experience:

• High School Graduate or Equivalent and a minimum of 3 years of relevant SBA 7a experience.
• NAGGL or other relevant SBA training.
• College Degree preferred.
• NAGGL Closing and Funding and NAGGL Advanced Closing Documentation courses preferred.