As of May 01, 2025, the average annual salary for a SBA Loan Officer in the United States is $100,707. According to Salary.com, salaries can range from a low of $77,889 to a high of $111,381, with most professionals earning between $88,763 and $106,294.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $106,294 | $8,858 | $2,044 | $51 |
| Average | $100,707 | $8,392 | $1,937 | $48 |
| 25th Percentile | $88,763 | $7,397 | $1,707 | $43 |
An entry-level SBA Loan Officer with less than 1 year of experience earns about $96,785. With 1-2 years of experience, the average salary increases to $97,142. For 2-4 years of experience, the pay typically rises to $99,459. Senior-level professionals with 5-8 years of experience earn around $102,792, and those with over 8 years of experience can expect an average of $103,626.
| Levels | Salary |
|---|---|
| Entry Level SBA Loan Officer | $96,785 |
| Intermediate Level SBA Loan Officer | $97,142 |
| Senior Level SBA Loan Officer | $99,459 |
| Specialist Level SBA Loan Officer | $102,792 |
| Expert Level SBA Loan Officer | $103,626 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 1% |
| Top Level | 2% |
| Experienced | 3% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of May 01, 2025, our research reveals a significant shift in SBA Loan Officer compensation over the past six years. For example, the median salary increased from $79,763 in 2023 to approximately $79,748 in 2024. (For a detailed analysis of SBA Loan Officer salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
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.
Here are companies hiring for SBA Loan Officer and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $100,707 | 50.6% | ||
| Bonus | $46,640 | 23.4% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $11,272 | 5.7% | ||
| 401K/403B | $6,925 | 3.5% | ||
| Disability | $1,179 | 0.6% | ||
| Healthcare | $6,056 | 3.0% | ||
| Pension | $8,104 | 4.1% | ||
| Time Off | $18,135 | 9.1% | ||
| Total Compensation | $199,018 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 14.3% |
| Associates | 14.3% |
| Bachelors | 28.6% |
| Masters | 28.6% |
| Doctorate | 14.3% |
What Am I Worth?
The average annual salary of SBA Loan Officer is $100,707. In case you are finding an easy salary calculator, the average hourly pay of SBA Loan Officer is $48; the average weekly pay of SBA Loan Officer is $1,937; the average monthly pay of SBA Loan Officer is $8,392.
A SBA Loan Officer'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 SBA Loan Officer earns the most in San Jose, CA, where the annual salary of a SBA Loan Officer is $127,022.
The highest pay for SBA Loan Officer is $111,381.
The lowest pay for SBA Loan Officer is $77,889.
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. 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. 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. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2 -4 years of related experience.
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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.)
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