SBA Loan Coordinator

2 weeks ago


Urbana, Illinois, United States BankTalent HQ Full time
Job Summary

The SBA Loan Coordinator is responsible for preparing loan packages for submission to the Small Business Administration and other government agencies for commercial loan approvals. This role requires strong organizational skills and the ability to prioritize workflow to meet deadlines.

Key Responsibilities
  • Process Small SBA 7(a) loan files, SBA Express Loans, and occasionally SBA 504 and Conventional loan files.
  • Order and track due diligence items such as title policies, environmental reports, etc.
  • Coordinate the collection of required documentation from borrower and/or lender.
  • Contact lenders, title companies, insurance agents, and others to ensure missing post-closing documents have been obtained and make sure that files are complete with all final recorded documents.
  • Order credit reports, as needed.
  • Verify accuracy of documents based on type of loan.
  • Prepare settlement sheets for loan disbursements and verify that documentation supports the original authorization.
  • Supports departmental duties including answering phones, processing incoming and outgoing mail and deliveries, maintaining office equipment, ordering supplies, maintaining filing systems, etc.
Requirements

  • Requires High School diploma.
  • Requires 2 or more years of commercial loan and/or SBA loan documentation knowledge.
  • Requires knowledge of Microsoft Office.
About BankTalent HQ

BankTalent HQ values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to BankTalent HQ's commitment of delivering service excellence. BankTalent HQ is an Equal Opportunity Employer including Disability/Vets.
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