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Small Business Administration (SBA) Loan Officer III Salary in the United States

How much does a Small Business Administration (SBA) Loan Officer III make in the United States?

As of August 01, 2026, the average salary for a Small Business Administration (SBA) Loan Officer III in the United States is $104,441 per year, which breaks down to an hourly rate of $50.

However, a Small Business Administration (SBA) Loan Officer III's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $115,550
  • Majority Range (25th-75th percentile): $102,415 to $110,256
  • Entry-Level (10th percentile): $100,570
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Small Business Administration (SBA) Loan Officer III Salaries

A Small Business Administration (SBA) Loan Officer III'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, education and company size can directly affect your earning potential.

How Experience Level Affects Small Business Administration (SBA) Loan Officer III Salaries?

Experience is a primary driver of a Small Business Administration (SBA) Loan Officer III'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): $103,776
  • Early Career (1-2 years): $103,836
  • Mid-Level (2-4 years): $104,229
  • Senior-Level (5-8 years): $106,611
  • Expert (over 8 years): $107,479
Levels Salary
Entry Level Small Business Administration (SBA) Loan Officer III$103,776
Intermediate Level Small Business Administration (SBA) Loan Officer III$103,836
Senior Level Small Business Administration (SBA) Loan Officer III$104,229
Specialist Level Small Business Administration (SBA) Loan Officer III$106,611
Expert Level Small Business Administration (SBA) Loan Officer III$107,479
View as Graph

How Do Small Business Administration (SBA) Loan Officer IIIs 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 Small Business Administration (SBA) Loan Officer IIIs. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $115,637.
  • California: $115,198.
  • Massachusetts: $113,663.

Top Paying Cities for Small Business Administration (SBA) Loan Officer III

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: $131,731
  • San Francisco: $130,289
  • Oakland: $127,543

What Skills Can Increase a Small Business Administration (SBA) Loan Officer III's Salary?

Demanded Skills for the Role:

  • Communicates Effectively (Mentioned in 6.64% Job Postings): Effective communication is the process of exchanging ideas, thoughts, opinions, knowledge, and data so that the message is received and understood with clarity and purpose.
  • Economics (Mentioned in 2.14% Job Postings): Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
  • Underwriting (Mentioned in 1.66% Job Postings): Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
Skills Demand Percentage
Communicates Effectively 6.64%
Economics 2.14%
Underwriting 1.66%
See More Skills

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 Small Business Administration (SBA) Loan Officer III's salary.

  • Coordination: Can increase your salary by up to 16%.
  • Regulatory Compliance: Can increase your salary by up to 12%.
  • Credit Risk: Can increase your salary by up to 11%.
Skill Salary Salary % Increase
Coordination $121,152
16%
Regulatory Compliance $116,974
12%
Credit Risk $115,930
11%
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Small Business Administration (SBA) Loan Officer III Salary by Company Size: Startups vs. Enterprise

Small Business Administration (SBA) Loan Officer III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $113,019. While startup companies pay approximate $95,682.

Small Business Administration (SBA) Loan Officer III Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $95,682
Growth Stage 51~500 $101,189
Established 501~5000 $109,159
Enterprise 5000+ $113,019

Small Business Administration (SBA) Loan Officer III Salary by Industry: Top Paying Sectors

For Small Business Administration (SBA) Loan Officer III roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 20% above the average. Conversely, Small Business Administration (SBA) Loan Officer positions in Financial Services typically offer lower base pay, as this sector often view Small Business Administration (SBA) Loan Officer III as a support function rather than a direct revenue driver.

The top paying industry for a Small Business Administration (SBA) Loan Officer III

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Business Services$125,329$60.020%

How Education impacts an Small Business Administration (SBA) Loan Officer III's Salary?

Your level of education can impact your salary potential. While many Small Business Administration (SBA) Loan Officer III enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Small Business Administration (SBA) Loan Officer III with a Bachelor's Degree is between $100,129 and $107,039.

Small Business Administration (SBA) Loan Officer III Salaries by Degree Level

Typical Education for Small Business Administration (SBA) Loan Officer III
Degree Level % of user with this level of education
No Diploma 14.3%
High School 14.3%
Associates 14.3%
Bachelors 28.6%
Masters 28.6%
Doctorate 14.3%
View as Graph

Small Business Administration (SBA) Loan Officer III Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Small Business Administration (SBA) Loan Officer III'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.

Last Updated on August 01, 2026
$102,415
Average $104,441/year
$110,256
$8,535
Average $8,703/month
$9,188
$1,970
Average $2,008/week
$2,120
$49
Average $50/hour
$53
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $110,256 $9,188 $2,120 $53
Average $104,441 $8,703 $2,008 $50
25th Percentile $102,415 $8,535 $1,970 $49

Small Business Administration (SBA) Loan Officer III Salary Growth & Career Path

Small Business Administration (SBA) Loan Officer III

Next Role

Advancement

Promotions are the fastest way to increase your earnings. As a Small Business Administration (SBA) Loan Officer III, 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.

Next Step Role Estimate Salary Projected Raise
VP of Lending $183,318 76%
Small Business Administration (SBA) Banking Manager $125,289 20%

Most common benefits for Small Business Administration (SBA) Loan Officer III

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Small Business Administration (SBA) Loan Officer III

Here are companies hiring for Small Business Administration (SBA) Loan Officer III and their salaries, click below for more details.

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FAQ about Small Business Administration (SBA) Loan Officer III

1. Where can a Small Business Administration (SBA) Loan Officer III earn the most?

A Small Business Administration (SBA) Loan Officer III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Small Business Administration (SBA) Loan Officer III earns the most in San Jose, CA, where the annual salary of a Small Business Administration (SBA) Loan Officer III is $131,731.

2. What is the highest pay for Small Business Administration (SBA) Loan Officer III?

The highest pay for Small Business Administration (SBA) Loan Officer III is $115,550.

3. What is the lowest pay for Small Business Administration (SBA) Loan Officer III?

The lowest pay for Small Business Administration (SBA) Loan Officer III is $100,570.

4. What are the responsibilities of Small Business Administration (SBA) Loan Officer III?

Responsible for developing and structuring Small Business Administration (SBA) loans to eligible business customers. Collects and reviews required customer financial information to structure loan proposals in compliance with all applicable regulations and SBA guidelines. Builds working relationships and open communication with customers to clearly understand the customer's ongoing business needs. Stays current on SBA products, rules, and regulations. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.

5. What industry pays the highest salary for Small Business Administration (SBA) Loan Officer III?

The Business Services industry offers the highest average compensation for Small Business Administration (SBA) Loan Officer III roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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