SBA Construction Loan Admin

U.S. Bancorp
San Diego, Atlanta, Minneapolis, Charlotte
Workplace: OnsiteFull timeUSD 68,850 - 81,000 annuallyFunction: Construction, Civil & Site EngineeringExperience: 2-3 yearsSkills: ["Coordination","Documentation review"]

Review, coordinate, and administer SBA construction and renovation loan transactions to ensure compliance with SBA 7(a) and/or 504 requirements, bank credit policy, and documentation standards. Oversee construction loan documentation and lien perfection, manage construction draw disbursements from approval through project completion, and support conversion to final servicing. Serve as the primary liaison with borrowers and third parties throughout the disbursement process while meeting SBA authorization and post-approval conditions.

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FursaFursa
U.S. Bancorp
U.S. Bancorp
5 days ago

SBA Construction Loan Admin

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Last checked: 2 hours agoStatus: Live

Job Summary

Review, coordinate, and administer SBA construction and renovation loan transactions to ensure compliance with SBA 7(a) and/or 504 requirements, bank credit policy, and documentation standards. Oversee construction loan documentation and lien perfection, manage construction draw disbursements from approval through project completion, and support conversion to final servicing. Serve as the primary liaison with borrowers and third parties throughout the disbursement process while meeting SBA authorization and post-approval conditions.
Location: San Diego, Atlanta, Minneapolis, Charlotte
Workplace: Onsite
Employment Type: Full time
Job Function: Construction, Civil & Site Engineering
Seniority: Mid level

Key Responsibilities

  • •Review, coordinate, and administer SBA construction and renovation loan transactions to ensure compliance with SBA program requirements, bank credit policy, and loan documentation standards.
  • •Oversee construction loan documentation, lien perfection, and analysis and administration of construction draw disbursements from loan approval through project completion.
  • •Ensure adherence to SBA authorization terms, eligibility requirements, use-of-proceeds limitations, and post-approval conditions.
  • •Serve as the primary liaison with borrowers and third parties (attorneys, construction consultants, title companies, and SBA service providers) throughout all construction and disbursement phases.
  • •Support conversion from construction loan administration to final servicing.

Pay and Benefits

Salary: USD 68,850 - 81,000 annually
Perks:Health InsuranceDentalVisionLife Insurance401kPaid LeavePaid HolidayLong-term DisabilityParental Leave

Key Requirements

  • •High school diploma or equivalent.
  • •Typically 2–3 years of experience in commercial real estate loan administration, or at least 5 years of transferable experience in commercial loan administration.
  • •Working knowledge of SBA lending programs (7(a) and/or 504), including construction, renovation, and leasehold improvement financing.
  • •Familiarity with SBA authorization terms, use-of-proceeds rules, lien and collateral requirements, and disbursement controls.
  • •Ability to meet requirements to be commissioned as a Notary Public.
Experience:2-3 yearsCommercial real estate lendingSBA lending
Skills:CoordinationDocumentation review
Licenses:Notary Public

Company Brief

U.S. Bancorp
U.S. Bancorp is the parent company of U.S. Bank, providing consumer, business, and institutional banking services including lending, payments, treasury management, wealth management, and merchant solutions across the United States.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Minneapolis, United States
Founded: 1863
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