SBA Loan Officer Salary in District of Columbia
SBA Loan Officer Salary in District of Columbia
How much does a SBA Loan Officer make in District of Columbia? The average SBA Loan Officer salary in District of Columbia is $114,862 as of March 26, 2024, but the range typically falls between $102,628 and $132,631. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile SBA Loan Officer Salary | $91,491 | DC | March 26, 2024 |
| 25th Percentile SBA Loan Officer Salary | $102,628 | DC | March 26, 2024 |
| 50th Percentile SBA Loan Officer Salary | $114,862 | DC | March 26, 2024 |
| 75th Percentile SBA Loan Officer Salary | $132,631 | DC | March 26, 2024 |
| 90th Percentile SBA Loan Officer Salary | $148,809 | DC | March 26, 2024 |
SVI Recruiting Group - Charlotte, NC
Southern Colorado Community Loan Officer
Colorado Enterprise Fund Inc - Colorado Springs, CO
Business Development Officer (SBA)
Valley Bank - Fort Lauderdale, FL
Sr. Loan Officer - Orange County Market
CDC Small Business Finance - Irvine, CA
- View Average Salary for United States
-
Select State
-
Select City in DC
-
Choose Similar Job
-
Pick Related Category
- View Cost of Living in District of Columbia
What skills does a SBA Loan Officer need?
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Communicates Effectively: 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: 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.
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
Job Description for SBA Loan Officer
SBA Loan Officer develops and structures Small Business Administration (SBA) government-guaranteed loans and lines of credit to eligible business customers. Collects and reviews required customer financial information, structures the SBA loan proposals, completes initial underwriting, and prepares credit package that complies with all applicable regulations and SBA guidelines. Being a SBA Loan Officer builds working relationships and open communication with customers to clearly understand the customer's ongoing business needs. Develops relationships with a network of financial professionals and other referral sources to identify new prospects. Additionally, SBA Loan Officer maintains an up-to-date knowledge of SBA products, rules, and regulations. Requires a bachelor's degree in finance, business or equivalent. Typically reports to a manager. The SBA Loan Officer occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a SBA Loan Officer typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description
See user submitted job responsibilities for SBA Loan Officer.
Search Job Openings
Salary.com job board provides millions of SBA Loan Officer information for you to search for. Click on search button below to see SBA Loan Officer job openings or enter a new job title here.
Select a city to view specific salary and bonus information for SBA Loan Officer
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Naval Anacost Annex, DC | Avg. Salary $114,862 | Date Updated March 26, 2024 |
| Location Parcel Return Service, DC | Avg. Salary $114,862 | Date Updated March 26, 2024 |
| Location Washington, DC | Avg. Salary $114,862 | Date Updated March 26, 2024 |
| Location Washington Navy Yard, DC | Avg. Salary $114,862 | Date Updated March 26, 2024 |
What does a SBA Loan Officer do?
Are you an HR manager or compensation specialist?
Salary.com's CompAnalyst platform offers:
- Detailed skills and competency reports for specific positions
- Job and employee pricing reports
- Compensation data tools, salary structures, surveys and benchmarks.
About District of Columbia
Similar Jobs to SBA Loan Officer
| Job Title | Experience | EDUCATION | Salary Compared to This Job |
|---|---|---|---|
| Job Title Agricultural Loan Officer | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
| Job Title Commercial Loan Officer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
Level of Education for SBA Loan Officer
Jobs with different levels of education may pay very differently. Check the SBA Loan Officer salary of your education level.
Most Popular Cities for SBA Loan Officer Job
Browse All Banking Jobs by Salary Level
Browse Related Job Categories With SBA Loan Officer
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. SBA Loan Officer salary varies from category to category. Click below to see SBA Loan Officer salary in different categories.
About District of Columbia Washington, D.C. is located in the mid-Atlantic region of the U.S. East Coast. Due to the District of Columbia retrocession, the city has a total area....More
Skills associated with SBA Loan Officer: Cross-Selling, Prospecting, Banking Software, Specialty Lending ...More
Jobs with a similar salary range to SBA Loan Officer : Vice President Loan Officer, Player Development
Salary estimation for SBA Loan Officer at companies like : 913 South College, Central Coast Chapter of the California Council Of, Lakonia Holdings LLC
