SBA Loan Processor-Closer - Tampa, FL Job Listing at Valley Bank in Tampa, FL (Job ID 24-836)

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.