SBA Lending Paralegal

SBA Lending Paralegal/ Legal Assistant – Willing to Train

Summary

We are seeking a motivated and detail‑oriented Paralegal/ Legal Assistant to join our growing SBA lending team. Prior SBA experience is not required — we are willing to train the right candidate. The ideal candidate demonstrates strong organizational skills, knowledge of real estate and/or financial transactions, eagerness to learn, and the ability to work within a compliance-driven environment. This role will support SBA 7(a), 504, and conventional loan transactions under the direct guidance of senior paralegals, and attorneys.

Key Responsibilities

Training & Development

- Receive structured training in SBA lending, including SOP 50 10 requirements.

- Learn SBA loan programs (7(a), 504), required SBA forms, and document workflows.

- Develop working knowledge of closing checklist, due diligence, and lien filings.

Loan Documentation & File Preparation

- Assist in preparing and reviewing SBA loan documentation such as:

  • SBA Forms and conventional loan forms using templates

  • Promissory notes, guarantees, and security agreements

  • Closing checklists, borrower communication, and tracking spreadsheets

- Organize loan files and maintain documentation throughout the loan lifecycle.

Due Diligence Support

- Perform UCC searches, lien checks, tax transcript ordering, and entity verification.

- Assist in gathering due diligence materials from lenders, borrowers and third parties.

- Help ensure that documents meet SBA and lender compliance requirements.

Closing & Post‑Closing Assistance

- Assist with coordinating signatures, notarization schedules, and borrower follow‑ups.

- Support preparation of closing packages and required disbursement documentation.

- Help assemble post‑closing binders and track outstanding items such as insurance certificates, landlord waivers, and title policies.

Communication & Coordination

- Communicate professionally with borrowers, lenders, title companies, attorneys, and CDC partners.

- Track key deadlines, deliverables, and workflow stages.

- Maintain accurate records across internal systems and shared platforms.

Required Skills & Qualifications

- Strong attention to detail and accuracy in document handling.

- Ability to learn new concepts quickly and follow established procedures.

- Strong written and verbal communication skills.

- Ability to work in a deadline-driven, transactional environment.

- Proficiency with Microsoft Office (Word, Excel, Outlook).

- Experience in legal, banking, real estate, or administrative roles is helpful but not required.

Education & Experience

- Paralegal certificate, associate’s degree, bachelor’s degree, or relevant experience.

- No prior SBA lending experience required — full training provided.

- Experience in an office or compliance-based environment preferred but not mandatory.

Growth Path

- Senior SBA Paralegal

- SBA Closing Specialist

- Commercial Lending Paralegal

- Loan Processing Specialist

- Closing Coordinator or Team Lead