Government Lending Loan Processor​/Closer

The Government Guaranteed Loan Processor / Closer is responsible for the loan closing process for all Government Guaranteed Loans, ensuring that all legal documents are accurate, complete, and comply with SBA and USDA guidelines and regulations. This role involves working closely with loan officers, underwriters, loan operations, and clients to coordinate loan disbursement, resolve outstanding issues, and ensure timely and efficient loan closings.

• Reviews loan requests for loan eligibility, ensuring loans are eligible per the current SBA SOP, USDA program requirements, FDIC regulations, and State Chartered Bank policies.
• Reviews loan file and provides closing checklist to borrowers and sets up a call to go over loan closing process with the borrower.
• Collects and reviews all required due diligence for loan closing, including business insurance, title insurance, life insurance, equity injection and other due diligence as required by the closing checklist.
• Works with insurance agents for business insurance and life insurance policy.
• Completes SBA Forms: 1919, 1920, 912, 159, 601, 4506T/8821.
• Pulls Due Diligence reports for CAIVRS, SAM, OFAC, CIP, Flood certifications.
• Processes 912 for clearance when necessary.
• Processes INS verification when necessary.
• Orders tax transcripts and verifies that the tax returns match the transcripts.
• Inputs, submits, and obtains SBA loan approval through E‑Tran.
• Submits loans to the USDA office for underwriting.
• Orders and reviews all required third‑party vendor reports - business valuations and environmental reports as well as coordinating with internal team members for ordering appraisals, in relation to the collateral to be held on the loan.
• Engages counsel to work on loan file once internal approval has been received by Credit Administration.
• Serves as the point of contact between lender, underwriter, customer, attorney and/or title company, and SBA and USDA offices as needed.
• Works with the Landlord for execution of the Lessor's Agreement, Collateral Assignment of Lease, and any amendments with the Lease Agreement.
• Works with the Franchisor for the Franchise Addendum and any amendments needed to ensure compliance with SBA.
• Works with the Jobber for the Jobber Supply Addendum and any amendments with the Jobber Supply Agreement.
• Works with the Contractor to gather construction documents for the loan project and refer to the construction analysis team or third party.
• Reviews and verifies cash injection supporting documents.
• Verifies all applicable fees have been collected from the borrower and loan proceeds disbursed according to the fee schedule.
• Creates a Port Number in FiServ for loan operations.
• Works with borrowers, lenders, internal partners, vendors, LSP, and attorneys, to ensure that SBA transactions move effortlessly and efficiently throughout the application and closing process.

• Works with the attorney and lender to prepare loan closing documents, including promissory notes, security agreements, and other necessary legal documents, in compliance with SBA and USDA guidelines and bank policies.
• Ensures all documents are compliant with SBA regulations, bank policies, and applicable laws.
• Reviews SBA Terms and Conditions, title, and closing documents to ensure they match with the loan approval and documentation is in order before closing.
• Completes bank internal forms for closing: ACH Authorization, Online Banking, Privacy Notice, Beneficial Ownership Form, Agreement to Provide Insurance, Certificate of Financials, CAIVRS Disclosure.
• Prepares and reviews loan packages, including finalizing any necessary due diligence and ensuring all conditions have been met prior to closing.
• Verifies accuracy of all documents and ensures proper signatures are obtained from borrowers, co‑borrowers, and guarantors.
• Works with legal counsel to resolve any legal issues that may arise during the closing process.

• Completes the Loan Set Up Sheet accurately and coordinates with Loan Operations for loan closing and funding.
• Coordinates the disbursement of loan funds…