SBA Closer

at Stone Bank in Little Rock, Arkansas, United States

Job Description

Description/Job Summary SBA Loan Closer Responsibilities/Duties Manage and oversee active 7(a) closing pipeline in a timely manner Review approved credit memorandum and addendums to determine loan closing requirements Review SBA Authorization and modifications to ensure accurancy and in agreement with bank approval Prepare and submit 327 / Stamp actions to SBA for concurrence Work closely with Borrowers, Attorneys, Paralegals to ensure loans are closed accurately and compliantly in a time sensitive enviroment Evaluate contracts, agreements, insurance, and other documents for adherrance to bank and SOP requirements Ensure equity injection meets Authorization requirement and is properly sourced and verified Review loan closing documents Review closing statements for proper use of proceed allocations / disbursements Review closed loan docs for accuracy and completeness for bank file Other duties as assigned Required Qualifications Working knowledge and understanding of the Small Business Adminstration SOP 50 10 Excellent written and oral communication Strong organizational, leadership and decision making skills Proficient in Capital Access FInancial Systems; ETran Origination and Servicing Ability to work effectively in a fast paced / high volume environment SBA industry experience of 5+ years Details We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at ( and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address. For more information, view the EEO is the Law Poster (\Is\The\_Law.pdf) and Pay Transparency Statement (\Transparency\Notice.pdf).

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Job Posting: JC195243777

Posted On: Oct 17, 2021

Updated On: Oct 30, 2021