Celebree Enterprise, a fast-growing franchisor in the early childhood education sector, is seeking a detail-oriented and knowledgeable SBA Loan Processor to join our Development Team. This individual will play a critical role in supporting the growth and success of our franchise network by ensuring franchisees' lending journey is on track through the accurate and compliant processing of SBA loans.
This is a full-time, in-office position based in White Marsh, Maryland. Candidates must be able to work on-site during standard business hours.
The SBA Loan Processor is responsible for managing and processing loan applications in accordance with Small Business Administration (SBA) guidelines. The ideal candidate will have a strong understanding of SBA loan programs, including the submission, documentation, approval and funding requirements.
Key Responsibilities:
- Review and process SBA loan applications (including 7(a), 504, and Express loans) from pre-qualification to closing and funding.
- Ensure loan packages meet all SBA, internal, and regulatory guidelines.
- Collaborate with loan officers, underwriters, and borrowers to gather required documentation and resolve issues efficiently.
- Order and review third-party reports such as credit reports, appraisals and UCC filings
- Prepare and submit complete loan packages for SBA approval.
- Communicate with the SBA using CAFS tools and monitor application status and approvals.
- Maintain accurate loan records, documentation logs, and processing timelines.
- Assist with loan closings, ensuring all closing conditions are met and documentation is complete.
- Ensure full compliance with federal and SBA regulations as well as Celebree’s internal policies.
- Stay informed on SBA policy updates, SOP revisions, and eligibility criteria changes.
- Provide support to ensure franchisees’ financing needs are met, facilitating their growth within the Celebree School system.