Loan Processing Assistant


About the organization

Are you excited by the idea of helping to support $39 billion in small business financing and setting proper conditions to stimulate America's economic growth? SBA has been a leader in small business development for more than 60 years. In an increasingly globalized economy, we tackle challenges confronted by the small business community across geographic boundaries. Although times have changed since the SBA was founded in 1953, the Agency's mission-to promote the growth of small business-has not. Today, SBA is more vital than ever. We work in collaboration with partner organizations and using cutting-edge technologies and well-tested best practices to multiply our impact on small businesses.


This position is being filled in response to the Coronavirus Aid, Relief, and Economic Security Act.

Appointment type - Temporary - 1 year

Many vacancies in the following locations: Little Rock, AR; Fresno, CA; Citrus Heights, CA; Hazard, KY; and Herndon, VA

The Loan Processing Assistant will perform the following duties:

- Researches and responds to Lenders' inquiries involving questions of a substantial but non-complex nature, such as the status of a loan application, franchise, appraisal, or modification request.
- Screens and analyzes less complex loan applications and financial information to determine merits for acceptability of loan request; ensures that all required forms and documents are included and properly completed and that any needed supplemental or related material is provided.
- Contacts and advises lenders as to forms to be completed and procedures to be followed in developing application package for submission.
- Researches files and records to assemble needed documentation to evaluate and process request.


Visit the announcement link for additional information.

GS-7: One year of specialized experience, equivalent to the GS-6 grade level in the Federal service, obtained in either the private or public sector: Using automated systems for data entry and the tracking and processing of loan applications; Reviewing documents pertaining to commercial loan applications, such as lender credit memoranda and credit reports; Making determinations on completeness and appropriateness of a commercial loan applications; and Responding to customer inquiries with respect to the completeness and/or status of their commercial loan applications.

If you do not meet the specialized experience requirements, you may also qualify with education. You MUST submit transcripts (official or unofficial) with this application if you wish to qualify based on education.

GS-07: Successful completion of 1 year (18 semester hours) graduate-level education directly related to the position; OR Superior academic achievement based on one of the following: (1) class standing, (2) grade-point average, or (3) honor society member. For a detailed description of Superior Academic Achievement, please visit the Superior Academic Achievement website.

Combination of Experience and Education:
GS-7: Combination of education and experience as specified above.


$43,251 to $63,267 per year

Application instructions

Contact email: [email protected]

See application link.

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Equal Opportunity Employment

The posting employer has certified that this announcement complies with Peace Corps’ Equal Opportunity Employment policy:

The Peace Corps is committed to providing equal opportunity to all employees, Volunteers, and applicants for employment and volunteer service. Peace Corps policy prohibits discrimination and harassment because of race, color, religion, sex, national origin, age (40 or over), disability, sexual orientation, gender identity, gender expression, marital status, parental status, political affiliation, union membership, genetic information, or history of participation in the Equal Employment Opportunity process, grievance procedure, or any authorized complaint procedure.

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