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Sba Loan Processor Jobs (NOW HIRING)

MONTEREY COUNTY BANK

SBA Loan Processor

Monterey, CA · On-site

$40.86 - $51.44/hr

As an SBA Loan Processor, you'll play a key role in guiding SBA loans from application through closing and funding, ensuring a smooth, efficient, and compliant process every step of the way. You'll ...

Lendistry

SBA Loan Processor II

Tustin, CA

$19.75 - $26.25/hr

Process and review SBA loan files to ensure completeness, accuracy, and compliance with SBA SOP guidelines and internal lending requirements. * Coordinate with borrowers, Relationship Managers ...

Lendistry

SBA Loan Processor II

Lumberton, NC

$16.75 - $22.25/hr

Process and review SBA loan files to ensure completeness, accuracy, and compliance with SBA SOP guidelines and internal lending requirements. * Coordinate with borrowers, Relationship Managers ...

Lendistry

SBA Loan Processor II

Tustin, CA · On-site

$19.75 - $26.25/hr

Process and review SBA loan files to ensure completeness, accuracy, and compliance with SBA SOP guidelines and internal lending requirements. * Coordinate with borrowers, Relationship Managers ...

Valley Bank

SBA Loan Processor - Ybor City, FL

Tampa, FL · On-site

$17.75 - $23.50/hr

Review and prepare SBA loan package for submission or PLP approval. This involves analyzing all aspects of the loan for accuracy and eligibility. * Manage closing process. Engage attorney and act as ...

Premium Merchant Funding

Loan Processor

Manhattan, NY

$40/hr

Process and track loan applications (merchant cash advances, term loans, SBA loans, etc.) * Assist ... sales reps and follow up on required documentation. * Communicate with clients, sales reps, and ...

Premium Merchant Funding

Loan Processor

Manhattan, NY · On-site

$40/hr

Process and track loan applications (merchant cash advances, term loans, SBA loans, etc.) * Assist ... sales reps and follow up on required documentation. * Communicate with clients, sales reps, and ...

Millennium Bank

SBA Loan Specialist

Des Plaines, IL · On-site

Millennium Bank (Des Plaines, IL) seeks an SBA Loan Specialist to support lending operations by ... process; review and analyze financial statements and tax returns to prepare an initial financial ...

dfb

SBA Loan Closer

Dearborn, MI

As an SBA Loan Closer , you will prepare SBA forms and loan closing documents for submission ... You'll work closely with loan officers, borrowers, and external parties to successfully process ...

US Bank

Senior Operations Processor 6

Tempe, AZ · On-site

The SBA Loan Processor also assists with process improvements and system-related initiatives, including supporting ongoing preparation efforts for the Commercial Lending System Conversion in 2027.

US Bank

Senior Operations Processor 6

Gresham, OR · On-site

The SBA Loan Processor also assists with process improvements and system-related initiatives, including supporting ongoing preparation efforts for the Commercial Lending System Conversion in 2027.

U.S. Bank

Senior Operations Processor 6

Gresham, OR · On-site

The SBA Loan Processor also assists with process improvements and system-related initiatives, including supporting ongoing preparation efforts for the Commercial Lending System Conversion in 2027.

dfb

SBA Loan Closer

Dearborn, MI · On-site

As an SBA Loan Closer , you will prepare SBA forms and loan closing documents for submission ... You'll work closely with loan officers, borrowers, and external parties to successfully process ...

Celtic Bank

SBA Loan Closer Processor

Salt Lake City, UT · On-site

$18.25 - $24.25/hr

As a closer at Celtic Bank, you'll be exposed to the inner workings of SBA lending and gain the ... Manage the commercial loan closing process to ensure that all closing requirements are met and that ...

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Sba Loan Processor information

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How much do sba loan processor jobs pay per hour?

As of Jun 16, 2026, the average hourly pay for sba loan processor in the United States is $21.30, according to ZipRecruiter salary data. Most workers in this role earn between $18.03 and $24.04 per hour, depending on experience, location, and employer.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary plus bonuses, depending on the employer and experience. The specific earnings depend on the institution's compensation structure and the loan's complexity.

What qualifications do I need for an SBA loan?

An SBA loan processor typically needs a high school diploma or equivalent, with some positions preferring post-secondary education or relevant experience in finance or lending. Strong organizational skills, attention to detail, and knowledge of SBA loan programs are important. Certification is not mandatory but can enhance job prospects.

Is a loan processor an entry level position?

A loan processor, including SBA loan processors, is often considered an entry-level position that requires basic knowledge of loan documentation and processing procedures. However, some employers prefer candidates with prior experience or relevant skills such as attention to detail and familiarity with loan software. Advancement typically involves gaining experience and developing expertise in loan underwriting and approval processes.

What is an SBA Loan Processor job?

An SBA Loan Processor is responsible for reviewing, verifying, and processing loan applications backed by the U.S. Small Business Administration (SBA). They ensure that all required documentation is complete and compliant with SBA and lender guidelines. Their duties include gathering financial records, coordinating with underwriters, and communicating with applicants to facilitate loan approvals. Accuracy and attention to detail are crucial in this role to ensure timely and smooth loan processing.

How do I become a loan processor?

To become a loan processor, typically one needs a high school diploma or equivalent, along with experience in banking or finance. Many employers prefer candidates with knowledge of loan documentation, computer skills, and familiarity with loan processing software. Some roles may require certification or training in loan processing or related financial areas.

What are some typical challenges faced by SBA Loan Processors, and how can they be managed?

SBA Loan Processors often navigate challenges such as managing multiple loan files simultaneously, interpreting complex SBA guidelines, and coordinating with various stakeholders to gather required documentation. Staying organized and maintaining clear lines of communication with applicants, underwriters, and sales teams can help alleviate bottlenecks and keep loan processes on track. Embracing technology and up-to-date software tools can also streamline workflow and reduce errors. Most companies offer ongoing training and team support to help processors stay current with evolving SBA regulations and industry practices.

What are the key skills and qualifications needed to thrive in the Sba Loan Processor position, and why are they important?

To thrive as an SBA Loan Processor, you need a solid understanding of loan documentation, financial analysis, and compliance regulations, usually supported by experience in banking or financial services. Familiarity with loan origination systems (LOS), SBA guidelines, and document management software is expected. Attention to detail, strong organizational skills, and effective communication are vital soft skills in this role. These competencies ensure accurate processing, regulatory compliance, and positive interactions with clients and team members to facilitate timely loan approvals.

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Sba Loan Processor jobs near you
Infographic showing various Sba Loan Processor job openings in the United States as of June 2026, with employment types broken down into 1% Internship, 44% As Needed, 28% Full Time, 16% Part Time, 2% Contract, and 9% Nights. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $44,308 per year, or $21.3 per hour.
SBA Loan Processor

SBA Loan Processor

MONTEREY COUNTY BANK

Monterey, CA • On-site

$40.86 - $51.44/hr

Full-time

Posted 28 days ago

Job description

Description:

Join a growing SBA lending team where your expertise directly supports small business success. As an SBA Loan Processor, you’ll play a key role in guiding SBA loans from application through closing and funding, ensuring a smooth, efficient, and compliant process every step of the way. You’ll collaborate closely with SBA Business Development Officers, Underwriters, and Closing staff, gaining broad exposure across the SBA lifecycle while contributing to timely execution and an exceptional borrower experience. This is an opportunity for a detail-oriented professional who thrives in a collaborative environment and wants to grow their career while helping entrepreneurs build and expand their businesses.


Key Responsibilities:

The SBA Loan Processor manages SBA loan applications from initial submission through closing and funding, primarily supporting SBA 7(a), Express, and related programs. This role is responsible for collecting, reviewing, and organizing borrower, guarantor, and third-party documentation, ensuring all files are complete, accurate, and compliant with SBA Standard Operating Procedures (SOP), Bank credit approvals, and internal documentation standards. The SBA Loan Processor maintains well-organized, audit-ready loan files that support efficient processing and long-term servicing.

Serving as a central point of coordination, the SBA Loan Processor acts as a key liaison between borrowers, SBA Business Development Officers, Underwriters, Closing, and internal departments to facilitate timely loan progression. This role tracks loan conditions, outstanding items, and timelines, communicates documentation requirements and next steps clearly and professionally, and partners closely with closing and servicing teams to ensure smooth loan funding and handoff.

A strong focus on compliance and quality is essential. The SBA Loan Processor reviews loan files for SBA eligibility, use of proceeds, ownership structure, and guarantor requirements, verifies the accuracy and completeness of loan documents and disclosures prior to closing, and assists in preparing SBA guaranty packages to support SBA purchase, servicing, and secondary market requirements. This role also supports internal audits, loan reviews, and regulatory examinations related to SBA lending.

From a systems and reporting perspective, the SBA Loan Processor inputs and maintains accurate loan data within the Loan Origination System (LOS) and related platforms, monitors loan pipeline reports, and provides status updates to management as requested. Additionally, the role identifies recurring documentation challenges or process gaps and recommends opportunities for efficiency and continuous improvement, contributing to the ongoing growth and success of the SBA lending platform.

Requirements:

Qualifications:

  • Strong documentation and file management skills
  • Experience working in a regulated banking environment.
  • Minimum 2–4 years of loan processing experience, preferably in SBA or commercial lending.
  • Working knowledge of SBA loan documentation and general SBA SOP requirements.
  • Strong organizational and time-management skills.
  • High attention to detail and accuracy.
  • Excellent written and verbal communication
  • Ability to manage multiple loans simultaneously and meet deadlines
  • Collaborative, service-oriented mindset
  • Comfort working with loan origination and document management systems
  • Commitment to compliance, quality, and operational discipline

The ideal candidate will bring direct experience processing SBA 7(a) loans within a community or regional banking environment, along with a strong understanding of SBA loan closing and post-closing requirements. This role requires prior experience working in a regulated banking environment, with the ability to navigate compliance standards, documentation requirements, and internal controls while supporting a high-quality borrower experience.