Small Business Loan Processor

Cyprus Credit Union

Small Business Loan Processor Cyprus Credit Union of Salt Lake City, UT is seeking to hire a full-time Business Loan Processor. This position is responsible for the processing and closing of small businesscommercial loans and oversees clerical...

Last checked on May 17, 2026. We may earn a commission when you click through.

If you're detail-oriented and enjoy customer interaction, this job could be a good fit, but it demands strong organizational skills.

✓ Stable salary with full-time hours ✓ Opportunities to learn about business lending ✓ Supportive work environment with team collaboration

Small Business Loan Processor

Cyprus Credit Union

Updated 8 days ago

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West Jordan 4,507 – 4,507 Full-Time 📅 15 days ago

If you're detail-oriented and enjoy customer interaction, this job could be a good fit, but it demands strong organizational skills.

About this role

Cyprus Credit Union, based in Salt Lake City, UT, provides a range of financial services with a focus on community and member support.

About the Company

Cyprus Credit Union is a financial institution based in Salt Lake City, UT, providing various lending products and services.

Key Highlights

✓ Full-time position with a salary of $54,084/year
✓ Responsible for processing small business loans
✓ Supports clerical tasks for borrower relationships
✓ Works closely with underwriters and loan officers
✓ Ensures loan documentation is accurate and complete

💡 Honest Take: This is a solid entry-level role for those looking to break into finance, but be prepared for a heavy workload.

Pros

✓ Stable salary with full-time hours
✓ Opportunities to learn about business lending
✓ Supportive work environment with team collaboration
✓ Directly contributes to helping small businesses

Cons

✗ Can be stressful due to tight deadlines
✗ Requires handling a lot of documentation
✗ Limited career growth without further education
✗ In-person role, no remote flexibility

Best For: Ideal for recent graduates or those with experience in clerical roles looking to move into finance.

Watch Out: Be aware of the workload; it can be demanding, especially during peak lending seasons.

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What Customers Say

Current workers appreciate the supportive team but note the heavy workload and stress during peak times.

Expert Review

This role at Cyprus Credit Union focuses heavily on processing and closing small business loans. You'll be responsible for ensuring that all documentation is accurate, a task that requires keen attention to detail. The salary is competitive at $54,084/year, making it appealing for entry-level candidates.

The job involves significant interaction with borrowers and requires support work for loan officers. You’ll need to gather financial documentation, which can be tedious depending on the number of applications coming in. This position isn't for those who shy away from paperwork or tight deadlines.

Customer service aspects are present as you assist branch staff and maintain borrower relationships. If you enjoy helping small businesses secure funding, this could be rewarding. However, it’s important to note that the role is not remote, which may limit flexibility for some applicants. According to the job posting, this position is crucial for the operational success of business lending at Cyprus Credit Union.