Senior SBA Loan Processor

Description

West Coast Community Bank is a top-rated community bank with a focus on serving the banking needs of businesses and individuals along the Central Coast, in Silicon Valley and throughout the Bay Area.

Delivery of relationship-based service with a solutions-driven focus sets us apart from the competition. We offer direct access to decision-makers combined with modern banking technologies and digital tools. The Bank is a leading SBA lender in Santa Cruz County and Silicon Valley and a top USDA lender in the state of California.

Since opening in 2004, we have proudly upheld our commitment to support regional well-being by actively participating in and donating to local nonprofit organizations. We engage in impactful volunteerism and support the greater economic vitality within our four-county reach, contributing more than 2,000 hours of volunteering annually.

West Coast Community Bank is seeking an experienced SBA Loan Processor to serve as the primary owner of the SBA loan lifecycle. This highly visible role is responsible for managing all aspects of SBA and government-guaranteed loan transactions from approval through documentation, closing, funding, loan boarding, collateral perfection, and post-closing follow-up.

The successful candidate will independently review and analyze loan documentation, conduct borrower and guarantor due diligence, prepare SBA and USDA loan packages, coordinate complex closings, and ensure compliance with Bank, SBA, USDA, and regulatory requirements. This position works closely with Business Development Officers, Underwriters, Borrowers, Escrow Officers, Title Companies, Brokers, and other third parties to successfully close and fund transactions while proactively identifying and resolving risks, exceptions, and documentation issues.

This role requires comprehensive expertise across all phases of SBA lending. The ideal candidate is a seasoned SBA professional with strong documentation, closing, compliance, problem-solving and relationship management skills who thrives in a fast-paced environment and takes ownership of complex transactions from start to finish.

• Serve as the primary owner of the SBA loan processing lifecycle, independently managing processing, documentation, closing, funding, loan boarding, collateral perfection, and post-closing follow-up for assigned transactions.
• Process all types of purchase and refinance transactions, including real estate acquisitions, business acquisitions, stock purchases, FF&E purchases, tenant improvements, remodels, and related transactions.
• Conduct comprehensive reviews of digital loan files, including all application documentation, to ensure accurate compilation, naming conventions, verification, and analysis of information pertaining to borrowers, owners, and guarantors.
• Prepare needs ("Please Provide") list and required bank forms for approved loans.
• Provide detailed updates to the SBA Lending Pipeline Status Report and Abrigo Workflow, ensuring all milestones and tasks remain current and accurate.
• Review SBA and USDA loan application packages for completeness and accuracy in order to compile and submit for approval through CAFS eTrans or with the USDA.
• Independently identify, research, and resolve documentation, collateral, title, insurance, and compliance issues, escalating exceptions or policy concerns to management when necessary.
• Prepare Lender Escrow Instructions (“LEI”) for any purchase transaction for real estate, business acquisition and/or stock purchase transactions.
• Coordinate with escrow officers, title companies, insurance carriers, borrowers, brokers, and other third parties to verify lien positions, collateral requirements, and compliance with SBA Authorization requirements, and obtain authorization for loan disbursement.
• Utilize Laser Pro and other systems to prepare final loan documentation and review documents for accuracy prior to submission for Operations Manager review and loan signing.
• Coordinate loan signing via escrow or bank office, obtain scan, review and cure any missing initials or signatures.
• Prepare and file UCC-1 Financing Statements through Lien…