Old National Bank · 10 hours ago
SBA Loan Closing Coordinator
Eagan, MN
Full-time
Onsite
Mid, Senior Level
$26/hr - $42.25/hrOld National Bank has been serving clients and communities since 1834 and is committed to helping clients achieve their goals. The SBA Loan Closing Coordinator is responsible for reviewing, documenting, closing, and disbursing financings for complex Commercial and SBA loans, ensuring compliance with government regulations and company policies.
BankingFinancial ServicesWealth Management
Responsibilities
Responsible for reviewing loan file and determining due diligence and documentation required close and fund the loan
Order and review third party reports including title work, UCC searches, IRS 4506, corporate entity searches
Review loan approval documents and determine steps needed to close loan in accordance to Bank and SBA policies
Work directly with client, Lender, attorneys and team to resolve due diligence issues prior to loan closing
Document loan and prepare loan packages. Coordinate loan closing with Lender and client
Post-closing responsibilities include proper booking of loan, disbursement of all loan proceeds in accordance the SBA guidelines, ensuring all liens are perfected, following up on title policy, ensuring that loan file is fully documented and in order
Ensure timely resolution of any Quality Assurance items identified in Loan Reviews
Maintain proficiency in SBA SOP requirements and Bank policies
Qualification
Required
Bachelor's Degree strongly preferred and/or H.S. Diploma or GED with equivalent experience
Prior Commercial loan processing experience, SBA preferred
Thorough and deep demonstrated understanding and knowledge of SBA 7a guaranteed loan program requirements
Excellent written and oral communication skills; able to communicate effectively with all levels in and outside of the organization
Demonstrated willingness to learn, implement feedback and act
Demonstrated ability to develop strong working relationships with clients and internal partners
Demonstrated client service experience required (phone and face-to-face); track record of client interactions and proactive solution development
Ability to work with multiple matters simultaneously, managing time in a fast-paced environment and applicable resources to ensure work is completed efficiently and within established timeframes; manage projects efficiently and effectively
Strong problem-solving and critical thinking aptitude; thorough and timely follow-up skills with the ability to make independent decisions based on researched conclusions
Methodical thinker and well organized with excellent time management skills
Client focused disposition
Thrive in both working independently and in a close, collaborative team environment
Benefits
Medical, dental, and vision insurance
401K
Continuing education opportunities
Employee assistance program
Company
Old National Bank
Old National Bank is a regional bank providing you with additional provides account choices, expanded convenience, and greater control.
Founded in 1834
1001-5000 employees
H1B Sponsorship
Old National Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (5)
2023 (5)
2022 (5)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$400M2024-11-25Post Ipo Equity· $400M
1984-12-04IPO
Leadership Team
Timothy Burke
President & Chief Operating Officer
Monica Rubio
Community Lending Market Executive, SVP
Recent News
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2026-01-22
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2026-01-20
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