SBA/Commercial Loan Closer

Primis Bank•Ashland, VA

About The Position

Responsible for functions related to the complete closing process for SBA and conventional loans. The role includes managing the loan pipeline, coordinating closings, and preparing and reviewing complex loan documents. The position also supports timely processing, accurate documentation, regulatory compliance, and communication with borrowers and external parties.

Requirements

High school degree or equivalent work experience.
2–5 years of experience in SBA loan closing, commercial loan operations, or commercial lending.
Strong knowledge of SBA SOP guidelines, commercial loan documentation, and closing procedures.
Proficiency in Microsoft Office and loan origination or document preparation systems.
In-depth knowledge of loan products, functions, documentation, policies, and procedures required by bank policy and state and federal regulators.
Knowledge of UCC filings, lien perfection, and collateral documentation.
Familiarity with commercial real estate transactions.
Experience working with attorneys, title companies, and government lending programs.
Ability to interpret loan approvals and independently identify documentation requirements.
Ability to multitask and work under pressure.
High degree of confidentiality.
Strong attention to detail.
Ability to evaluate problems effectively and provide appropriate solutions.
Ability to manage multiple loan files simultaneously while meeting deadlines.

Responsibilities

Process loan files to meet all required criteria in a timely manner.
Prepare documentation for commercial and SBA loans, renewals, modifications, subordinations, amendments, and waivers or exceptions.
Coordinate and communicate with borrowers, title companies, and attorneys to schedule closings, prepare documents, and provide reviews and instructions as needed.
Verify signatures, execution, dates, collateral, and supporting documents to ensure loan documents are complete, accurate, and properly filed.
Review, collect, and/or prepare required SBA loan documentation, including borrower injection, debt refinance support, leases, business evaluations, and franchise eligibility.
Track loan volumes and provide data for pipeline reports.
Maintain regular, reliable, and predictable attendance.
Complete UCC and other legal filings in a timely manner.
Maintain working knowledge of government guaranty programs and procedures.
Comply with state and federal regulations and bank policies and procedures, including Bank Secrecy Act, SAR, CTR, FACT ACT, Community Reinvestment Act, EEO, and fair employment practices.
Perform other duties as assigned.