SBA Business Development Officer I Salary in the United States

SBA Business Development Officer I Salary

How much does an SBA Business Development Officer I make in the United States? The average SBA Business Development Officer I salary in the United States is $85,021 as of April 26, 2022, but the range typically falls between $72,296 and $97,457. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Based on HR-reported data: a national average with a geographic differential
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25% $72,296 10% $60,712 90% $108,780 75% $97,457 $85,021 50%(Median)

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Check out SBA Business Development Officer jobs in Virginia

Business Development Officer

Recovery Centers of America - Alexandria, VA

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Pega Senior Business Architect (SBA)

Sky Solutions LLC - Chantilly, VA

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Financial Advisor - Springfield

Apple Federal Credit Union - Fairfax, VA

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Job Description for SBA Business Development Officer I

SBA Business Development Officer I develops and structures loans and markets other banking products and services to Small Business Administration (SBA) eligible small and medium sized businesses. Reviews required customer financial information and coordinates with SBA to provide a lending solution for the customer. Being a SBA Business Development Officer I structures the SBA loan proposals, completes initial underwriting, and prepares credit package that complies with all applicable regulations and SBA guidelines. Requires a bachelor's degree. Additionally, SBA Business Development Officer I typically reports to a manager or head of a unit/department. The SBA Business Development Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a SBA Business Development Officer I typically requires 0-2 years of related experience. (Copyright 2022 Salary.com)... View full job description

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Career Path for SBA Business Development Officer I

SBA Business Development Officer I
SBA Business Development Officer II
Those that have already made the climb...
John D. Rainey, Chief Financial Officer and Executive Vice President, Global Customer Operations
PAYPAL HOLDINGS INC
PayPal Holdings, Inc. operates as a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants worldwide. Its payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and iZettle products. The company's Payments Platform allows consumer... More
Fiscal Year Ended in 2020
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SBA Business Development Officer I Pay Difference by Location

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.6%
City, State Chicago, IL Compared to national average
+ 6.1%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 20.3%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for an SBA Business Development Officer I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
72296
97457
85021

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
77806
112218
91744
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of SBA Business Development Officer I in the United States. The base salary for SBA Business Development Officer I ranges from $72,296 to $97,457 with the average base salary of $85,021. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $77,806 to $112,218 with the average total cash compensation of $91,744.
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72296
97457

 

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Skills associated with SBA Business Development Officer I: Loan Underwriting, Cross-Selling, Banking Products, Banking Software ...More

Recently searched related titles: Business Administrator I, Small Business Liaison Officer

Salary estimation for SBA Business Development Officer I at companies like : Block, Inc., PAYPAL HOLDINGS INC, RE/MAX HOLDINGS INC

Jobs with a similar salary range to SBA Business Development Officer I : Industry Marketing Manager