Business Loan Processor I Salary in the United States
How much does a Business Loan Processor I make in the United States?
As of July 01, 2026, the average salary for a Business Loan Processor I in the United States is $44,980 per year, which breaks down to an hourly rate of $22.
However, a Business Loan Processor I's salary can vary significantly. Here’s a look at the typical salary range:
Top Earners (90th percentile): $51,915
Majority Range (25th-75th percentile): $41,660 to $48,610
Key Factors That Influence Business Loan Processor I Salaries
A Business Loan Processor I's salary isn't a fixed number.
It's shaped by several important factors.
Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
How Experience Level Affects Business Loan Processor Salaries?
Experience is a primary driver of a Business Loan Processor I's salary.
As you build your skills and take on more complex tasks, your compensation generally increases.
Here's how the average salary grows at different career stages:
Entry-Level (less than 1 year): $43,097
Early Career (1-2 years): $43,345
Mid-Level (2-4 years): $45,359
Senior-Level (5-8 years): $47,797
Expert (over 8 years): $47,960
Levels
Salary
Entry Level Business Loan Processor I
$43,097
Intermediate Level Business Loan Processor I
$43,345
Senior Level Business Loan Processor I
$45,359
Specialist Level Business Loan Processor I
$47,797
Expert Level Business Loan Processor I
$47,960
$43,0970 yr
$43,345< 2 yrs
$45,3592-4 yrs
$47,7975-8 yrs
$47,960> 8 yrs
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What Am I Worth?
How Do Business Loan Processor I Salaries Vary from State to State?
Your salary can change significantly depending on where you work.
States with a higher cost of living and strong industrial sectors
often pay more to attract Business Loan Processor Is.
For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities.
Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay.
Here are a few examples of average annual salaries in different U.S. cities:
San Jose: $56,740
San Francisco: $56,120
Oakland: $54,930
San Jose, CA$56,740
San Francisco, CA$56,120
Oakland, CA$54,930
New York, NY$51,790
Paramus, NJ$51,160
Queens Village, NY$51,160
Passaic, NJ$51,120
Bergenfield, NJ$51,110
Stamford, CT$51,020
Huntington, NY$51,000
Newark, NJ$50,660
Bridgeport, CT$50,570
Vallejo, CA$50,480
New Brunswick, NJ$50,460
Petaluma, CA$50,440
Middlesex, NJ$50,350
Somerset, NJ$50,320
Santa Cruz, CA$50,260
Boston, MA$49,990
Monterey, CA$49,830
Seattle, WA$49,720
Santa Rosa, CA$49,720
Los Angeles, CA$49,700
Juneau, AK$49,590
Washington, DC$49,540
Orange, CA$49,380
Santa Ana, CA$49,260
Long Beach, CA$49,210
Anaheim, CA$49,200
Anchorage, AK$49,180
Santa Maria, CA$49,050
Everett, WA$49,040
Danbury, CT$48,880
Bremerton, WA$48,820
Tacoma, WA$48,650
New Suffolk, NY$48,650
Sacramento, CA$48,640
Santa Barbara, CA$48,590
Trenton, NJ$48,540
San Diego, CA$48,540
Brockton, MA$48,490
Fairbanks, AK$48,380
Lompoc, CA$48,270
Lowell, MA$48,230
Ventura, CA$48,220
Nashua, NH$48,210
Stockton, CA$48,210
Modesto, CA$47,880
Poughkeepsie, NY$47,780
Olympia, WA$47,700
Kennewick, WA$47,700
New Haven, CT$47,680
Lawrence, MA$47,520
Hartford, CT$47,470
Riverside, CA$47,460
New Bedford, MA$47,420
Richland, WA$47,420
Bakersfield, CA$47,350
San Bernardino, CA$47,340
New Britain, CT$47,330
Atlantic City, NJ$47,330
New London, CT$47,310
Norwich, CT$47,300
Portsmouth, NH$47,290
Boulder, CO$47,200
Portland, OR$47,130
Worcester, MA$47,130
Minneapolis, MN$46,990
Philadelphia, PA$46,930
Honolulu, HI$46,780
Saint Paul, MN$46,760
Vineland, NJ$46,750
Providence, RI$46,620
Chicago, IL$46,490
Bellingham, WA$46,430
Springfield, MA$46,400
Baltimore, MD$46,380
Chico, CA$46,270
Pittsfield, MA$46,150
Manchester, NH$46,060
Spokane, WA$45,870
Denver, CO$45,860
Albany, NY$45,650
Troy, NY$45,630
Nassau, NY$45,580
Schenectady, NY$45,540
Wilmington, DE$45,500
Burlington, VT$45,440
Salem, OR$45,420
Portland, ME$45,280
Yakima, WA$45,240
Rochester, MN$45,100
Reno, NV$45,070
Fresno, CA$45,070
Milwaukee, WI$45,030
Detroit, MI$44,990
Ann Arbor, MI$44,980
Allentown, PA$44,980
Colorado Springs, CO$44,900
Syracuse, NY$44,880
Carson City, NV$44,880
Houston, TX$44,810
Eugene, OR$44,790
Gary, IN$44,740
Springfield, OR$44,700
Bismarck, ND$44,690
Galveston, TX$44,660
Medford, OR$44,590
Fort Collins, CO$44,570
Concord, NH$44,550
Austin, TX$44,540
Mesa, AZ$44,440
Reading, PA$44,440
Phoenix, AZ$44,440
Dallas, TX$44,420
Saint Cloud, MN$44,380
Madison, WI$44,320
Utica, NY$44,200
Raleigh, NC$44,120
Rochester, NY$44,120
Des Moines, IA$44,120
Atlanta, GA$44,050
Battle Creek, MI$44,030
Salt Lake City, UT$44,020
Lancaster, PA$43,950
Harrisburg, PA$43,890
Kansas City, MO$43,850
Champaign, IL$43,840
Kansas City, KS$43,840
Fort Worth, TX$43,830
Columbus, OH$43,820
Boca Raton, FL$43,810
Pittsburgh, PA$43,800
Richmond, VA$43,780
Indianapolis, IN$43,770
Cleveland, OH$43,770
Las Vegas, NV$43,710
Cincinnati, OH$43,710
Petersburg, VA$43,640
Huntsville, AL$43,580
Lansing, MI$43,550
Lebanon, PA$43,540
Pueblo, CO$43,540
Appleton, WI$43,520
Buffalo, NY$43,500
Dayton, OH$43,490
Charlotte, NC$43,480
Racine, WI$43,480
Saint Louis, MO$43,460
York, PA$43,440
Elkhart, IN$43,440
Gastonia, NC$43,430
Billings, MT$43,420
Beaumont, TX$43,410
Lorain, OH$43,400
Benton Harbor, MI$43,390
Toledo, OH$43,380
Binghamton, NY$43,360
Rock Hill, SC$43,350
Rockford, IL$43,330
Springfield, IL$43,310
Elyria, OH$43,310
Fargo, ND$43,310
Flagstaff, AZ$43,270
Fort Lauderdale, FL$43,250
Duluth, MN$43,220
Miami, FL$43,220
Cheyenne, WY$43,190
Grand Forks, ND$43,190
Bangor, ME$43,090
Cedar Rapids, IA$43,040
Durham, NC$43,020
Louisville, KY$43,020
Grand Rapids, MI$43,010
Hialeah, FL$43,000
Casper, WY$42,940
Scranton, PA$42,890
Virginia Beach, VA$42,870
New Orleans, LA$42,870
Akron, OH$42,850
Peoria, IL$42,790
Sarasota, FL$42,780
Nashville, TN$42,750
Omaha, NE$42,750
Green Bay, WI$42,750
Baton Rouge, LA$42,730
Charleston, SC$42,720
Jamestown, NY$42,690
Davenport, IA$42,690
Tucson, AZ$42,670
Saint Petersburg, FL$42,650
Tampa, FL$42,640
Evansville, IN$42,610
Port Arthur, TX$42,610
Bradenton, FL$42,590
Santa Fe, NM$42,510
Orlando, FL$42,430
Clearwater, FL$42,420
Canton, OH$42,320
La Crosse, WI$42,320
Albuquerque, NM$42,290
Newport News, VA$42,290
High Point, NC$42,280
Ogden, UT$42,260
Corpus Christi, TX$42,220
Norfolk, VA$42,200
Laramie, WY$42,200
Rock Island, IL$42,170
Saginaw, MI$42,160
Salisbury, NC$42,150
Jacksonville, FL$42,150
Boise, ID$42,140
Moline, IL$42,110
Fort Myers, FL$42,100
Memphis, TN$42,090
Tulsa, OK$42,070
Waterloo, IA$42,040
Spartanburg, SC$42,000
Fort Wayne, IN$41,970
Lincoln, NE$41,970
Provo, UT$41,960
Cedar Falls, IA$41,910
San Antonio, TX$41,890
Greensboro, NC$41,870
South Bend, IN$41,870
Savannah, GA$41,820
Muskegon, MI$41,800
Birmingham, AL$41,790
Winston Salem, NC$41,770
Lake Charles, LA$41,660
Anderson, IN$41,660
Lexington, KY$41,640
Augusta, GA$41,630
Greenville, SC$41,630
Lima, OH$41,590
Wichita, KS$41,590
Tuscaloosa, AL$41,590
Columbia, SC$41,550
Springfield, OH$41,540
Asheville, NC$41,470
Bloomington, IN$41,440
Knoxville, TN$41,270
Shreveport, LA$41,270
Wilmington, NC$41,210
Roanoke, VA$41,210
Topeka, KS$41,130
Frankfort, KY$41,120
Oklahoma City, OK$41,090
Chillicothe, OH$41,080
Longview, TX$41,070
Melbourne, FL$41,070
Sioux Falls, SD$40,990
Mobile, AL$40,990
Terre Haute, IN$40,970
Altoona, PA$40,940
Amarillo, TX$40,910
Killeen, TX$40,900
Fayetteville, AR$40,860
Chattanooga, TN$40,850
Sioux City, IA$40,810
Idaho Falls, ID$40,800
Lynchburg, VA$40,760
Gainesville, FL$40,710
Portsmouth, OH$40,680
Little Rock, AR$40,680
Lafayette, LA$40,660
Youngstown, OH$40,660
Clarksville, TN$40,630
Daytona Beach, FL$40,630
Pensacola, FL$40,620
Temple, TX$40,620
Hopkinsville, KY$40,490
Erie, PA$40,480
Florence, SC$40,460
Charleston, WV$40,390
Great Falls, MT$40,360
Macon, GA$40,300
Tallahassee, FL$40,300
Fayetteville, NC$40,290
Waco, TX$40,280
Helena, MT$40,250
Pine Bluff, AR$40,230
Vincennes, IN$40,180
Lubbock, TX$40,160
Alamogordo, NM$40,130
Twin Falls, ID$40,090
Rapid City, SD$40,080
Jackson, MS$40,000
Greenville, MS$39,990
Huntington, WV$39,990
Parkersburg, WV$39,950
Montgomery, AL$39,940
Wichita Falls, TX$39,890
Springfield, MO$39,890
Biloxi, MS$39,870
Monroe, LA$39,820
Johnstown, PA$39,790
Sumter, SC$39,780
Columbus, GA$39,770
Pascagoula, MS$39,690
Abilene, TX$39,690
Kingsport, TN$39,570
Albany, GA$39,570
Gulfport, MS$39,560
Alexandria, LA$39,410
Fort Smith, AR$39,290
El Paso, TX$39,170
Las Cruces, NM$38,970
Harlingen, TX$38,860
Pocatello, ID$38,850
Florence, AL$38,790
Brownsville, TX$38,780
Mcallen, TX$38,690
Dothan, AL$38,620
Columbus, MS$38,360
Altus, OK$38,150
Lawton, OK$38,060
Pierre, SD$37,900
What Skills Can Increase a Business Loan Processor I's Salary?
Demanded Skills for the Role:
Customer Service (Mentioned in 7.9% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Microsoft Word (Mentioned in 1.8% Job Postings): Microsoft Word or MS Word is a popular word-processing program used mainly for creating documents, such as brochures, letters, learning activities, quizzes, tests, and students' homework assignments
Commercial Banking (Mentioned in 1.34% Job Postings): Is a profit oriented banking by providing loans to customers and charging interest. The bank’s funds come from money deposited by the bank customers in saving accounts, checking accounts, money market accounts, and certificates of deposit (CDs).
See More Skills
Skills
Demand Percentage
Customer Service
7.9%
Microsoft Word
1.8%
Commercial Banking
1.34%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay.
Here are examples of skills and the potential impact they can have on a Business Loan Processor I's salary.
Analytical Skills: Can increase your salary by up to 35%.
Spreadsheet Software: Can increase your salary by up to 29%.
Leadership: Can increase your salary by up to 23%.
Skill
Salary
Salary % Increase
Analytical Skills
$60,723
35%
Spreadsheet Software
$58,024
29%
Leadership
$55,325
23%
Economics
$54,876
22%
Customer Relations
$54,876
22%
Communicates Effectively
$53,976
20%
Get Latest Data
Business Loan Processor I Salary by Company Size: Startups vs. Enterprise
Business Loan Processor I salary potential scales significantly with company size.
Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $48,494.
While startup companies pay approximate $41,074.
Business Loan Processor I Salary by Company Size
Company Size
Employees
Average Salary
Startup
1~50
$41,074
Growth Stage
51~500
$43,433
Established
501~5000
$46,847
Enterprise
5000+
$48,494
Business Loan Processor I Salary by Industry: Top Paying Sectors
For Business Loan Processor I roles, the industry you choose can affect earning potential
by as much as 100% (the gap between the highest and lowest paying industries).
Data shows that the Financial Services and Edu., Gov't. & Nonprofit
sectors offer the strongest compensation, at 50% above the average.
In contrast, Business Loan Processor positions in Insurance or Business Services typically offer lower base pay,
as these industries often view Business Loan Processor I as a support function rather than a direct revenue driver.
The top paying industries for a Business Loan Processor I
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Financial Services
$67,470
$32.0
50%
Edu., Gov't. & Nonprofit
$53,976
$26.0
20%
Business Loan Processor I Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Business Loan Processor I's annual salary breaks down can help with budgeting.
Below, you can see the average hourly rate, weekly pay, and monthly pay for this role.
Use the buttons to switch between different pay periods.
Hourly
Monthly
Weekly
Yearly
Table View
Last Updated on July 01, 2026
$41,660
Average$44,980/year
$48,610
$3,472
Average$3,748/month
$4,051
$801
Average$865/week
$935
$20
Average$22/hour
$23
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
75th Percentile
$48,610
$4,051
$935
$23
Average
$44,980
$3,748
$865
$22
25th Percentile
$41,660
$3,472
$801
$20
Business Loan Processor I Salary Growth & Career Path
Promotions are the fastest way to increase your earnings.
As a Business Loan Processor I, you have the following paths for advancement.
The table below compares the salary raises for common next-step roles.
By comparing these figures, you can choose the career path that best meets your financial goals.
Business Loan Processor I Salary Growth and Career Path
Next Step Role
Estimate Salary
Projected Raise
Loan Closer II
$50,500
12%
Intermediate Consumer Loan Processor
$49,000
9%
Business Loan Processor II
$49,790
11%
Intermediate Mortgage Loan Processor
$50,200
12%
Salaries of jobs related to Business Loan Processor I
Salaries for a Business Loan Processor I can change over time,
reflecting shifts in market demand and the overall economy.
The median salary decreased from $45,227 in 2023
to around $45,169 in 2025,
reflecting changes in demand, location, experience, and the wider economy.
For a detailed analysis of Business Loan Processor I salary trends,
.
Average Annual Salary of Business Loan Processor I Over Time
2022
$???
2023
$45,227
2024
$45,351
2025
$45,169
2026
$???
2027
$???
Year
Average Annual Salary
2022
View More
2023
$45,227
2024
$45,351
2025
$45,169
2026
View More
2027
View More
Most common benefits for Business Loan Processor I
Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
For Employers
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution.
Compensation Planning
Common company salaries for Business Loan Processor I
Here are companies hiring for Business Loan Processor I and their salaries, click below for more details.
K
$114,295/per year
Kpmg Us LLP
Business Services
the United States
W
$114,096/per year
Warner Bros Discovery
Business Services
the United States
D
$111,927/per year
Dentsu International Ltd
Business Services
the United States
G
$111,873/per year
GroupM Worldwide Inc
Business Services
the United States
C
$111,651/per year
CoWorx Staffing
Business Services
the United States
C
$110,194/per year
Contemporary Services Corp
Business Services
the United States
S
$107,128/per year
Showcase Cinemas
Business Services
the United States
A
$106,429/per year
Amentum Services Inc
Business Services
the United States
A
$106,199/per year
Allied Universal Security Services LLC
Business Services
the United States
S
$106,104/per year
Sodexo USA
Business Services
the United States
J
$105,192/per year
JLL Technologies
Business Services
the United States
I
$104,478/per year
Intact Insurance Group USA LLC
Business Services
the United States
N
$101,619/per year
NielsenIQ
Business Services
the United States
T
$101,470/per year
The Leading Edge Alliance
Business Services
the United States
H
$101,308/per year
Honeywell UOP
Business Services
the United States
R
$97,720/per year
Reeve & Associates
Business Services
the United States
M
$97,584/per year
ManpowerGroup Global Inc
Business Services
the United States
F
$95,980/per year
Financial Sys Nco
Business Services
the United States
A
$95,314/per year
Arrow Global Ltd
Business Services
the United States
C
$94,777/per year
CarMax Enterprise Services LLC
Business Services
the United States
D
$94,479/per year
DZConneX
Business Services
the United States
A
$93,802/per year
Adecco Staffing, USA
Business Services
the United States
R
$92,937/per year
Resource MFG
Business Services
the United States
Z
$92,774/per year
Zachry Brands Inc
Business Services
the United States
G
$88,138/per year
Greystar Worldwide LLC
Business Services
the United States
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