Jobtitle
VP - SBA Specialist

    Job Description

Jobdesc
The location of this position is flexible and can be at any one of our branches in the Twin Cities area.

Responsibilities:

  • Oversee the origination of SBA loans from inception to closing. SBA loans will be referred from other lenders and/or self-sourced.
  • Responsible for the accuracy of the loan file(s), including packaging documents, satisfaction of credit conditions, and compliance with SBA Lending requirements.
  • Perform the necessary processing and closing requirements for all SBA 7(a) loans.
  • Disburse the loan proceeds in accordance with the SBA Loan Authorization.
  • Review various documents, such as the real estate purchase contract, business acquisition contract, letter of intent, lease, subordination agreement, title commitment and lien searches. Ensure documents align and comply with the approved Credit Authorization and SBA Loan Authorization.
  • Review SBA Loan Authorization to ensure approved Credit Authorization meets SBA requirements and guidelines.
  • Handle the SBA loan relationship management post-closing. Ensure all post-closing items are obtained in accordance with the closing instructions and loan approval.
  • When applicable, work closely with a third-party SBA lender service provider to properly originate new SBA loans.

    Education & Experience

Educ
  • College degree or equivalent education
  • 5 or more years of experience working with SBA loans
  • In-depth knowledge of SBA programs

    About

About
First Resource Bank is built on the simple ideas of providing unequaled service and having a team approach. We are focused on the needs of small businesses, entrepreneurs, and individuals. We provide prompt client service and simple lending and deposit solutions. With total assets exceeding $300 million, and full-service branch locations in Minneapolis, Stillwater, and Lino Lakes, MN, as well as St. Croix Falls, WI, we pride ourselves on making a positive impact in the communities we serve.

    How to Apply

Apply
To apply, send your resume to Charlie Anderson at canderson@myfrbank.com
Company
First Resource Bank
Address
1946 Washington Ave S Stillwater, MN 55082-7526 UNITED STATES

MBA Job number/Date Added

FilenumDateadded
H-69062/18/2021