Sba Loan Processor Jobs (NOW HIRING)

A Day in the Life

TheProcessorIIwillbe responsible forreviewing andsubmittingloan requests from small business ownerstounderwriting;following up with customers by email and phone to ensure completion of loan packages.A key priority fortheProcessorIIis to manage the administrative and logistical aspects of loan applications, ensuring they are processed efficiently. This will include collecting and organizing all necessary documentation for loan applications, whilemaintaininga thorough understanding of all product guidelines and documentation requirements toprovideappropriate guidance for each customerSome travel may berequired.

Lendistry: Who We Are

We'reproud to be the nation's largest minority-led, tech-savvylender for small businesses and commercial real estate.As a certified Community Development Financial Institution (CDFI) and Community Development Entity (CDE), our missionis all about creatingeconomic opportunities andfuelinggrowth for small business owners and their communities.Join us as we pave the way with innovative financing and financial education!

WhatYou'llBe Doing

• 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, Underwriters, Closers, and third parties to obtain and validate SBA-required documentation.

• Prepare and maintain loan files for SBA 7(a), 504, and other government-guaranteed lending programs throughout the processing lifecycle.

• Identify and resolve documentation deficiencies, compliance gaps, and processing conditions in a timely manner.

• Ensure all SBA eligibility, collateral, and documentation requirements are met prior to loan approval and closing.

• Monitor pipeline timelines and proactively follow up on outstanding conditions to support efficient loan processing and funding.

• Maintain accurate records and data integrity within lending systems and document repositories.

• Stay current on SBA procedural updates, SOP changes, and regulatory requirements impacting loan processing operations.

• Perform other duties as assigned to support the efficient and effective operation of the department and that help to make Lendistry the best place to work!

Your Areas of Knowledge and Expertise

• Strong knowledge of SBA lending programs, including SBA 7(a), 504, and government-guaranteed loan processing requirements.

• Familiarity with SBA SOP guidelines, eligibility standards, and compliance documentation requirements.

• Experience reviewing financial statements, tax returns, entity documents, and supporting loan documentation for completeness and accuracy.

• Understanding of SBA loan lifecycle processes, including processing, underwriting support, closing coordination, and funding preparation.

• Ability to interpret and apply federal lending regulations, internal policies, and SBA compliance standards.

• Strong organizational skills with the ability to manage multiple SBA loan files in a fast-paced environment.

• Proficiency with loan origination systems, document management platforms, and Microsoft Office applications.

• Excellent communication and follow-up skills when working with borrowers, internal stakeholders, and external partners.

Why You'll Love Working Here:

• Comprehensive Medical, Dental, and Vision Insurance

• Generous Paid Time Off

• Birthday Day Off

• 12 Paid Company Holidays

• 401(k) Match

• FSA and HSA

• Paid Life Insurance

• Paid Disability Insurance

• Pet Insurance

• Employee Assistance Program (EAP)

• Professional Development Courses

• In Office Provided Snacks and Drinks

• Gym Facilities (LA & Tustin/CEC Offices)

• In Office Engagement Activities

Compensation Range

Base pay is one part of our total compensation package and is determined within a range.

This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $24 - $35 an hour.

Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.

The position will also have a monthly variable compensation amount based on production.

Physical Requirements

This is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus.It also may require occasional standing, lifting,carrying20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder.Employees in this position must be physically able to efficiently perform the essential functions of the position.