What is the highest and lowest pay for SBA Loan Officer?
As of December 01, 2024, the average annual pay of SBA Loan Officer in AK is $114,443. While Salary.com is seeing that the highest pay for SBA Loan Officer in Alaska can go up to $148,269 and the lowest down to $91,155, but most earn between $102,253 and $132,149. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of SBA Loan Officer in the United States.
View SBA Loan Officer Salary by Hour, Week, Month, Year
Salary.com provides you with accurate and diversified SBA Loan Officer salary data based on specialized databases to help you get a fairer salary.
Click the switch button below to see more details about SBA Loan Officer hourly pay, weekly pay, monthly pay and so on.
Last Updated on December 01, 2024
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$121,349 |
$10,112 |
$2,334 |
$58 |
Average |
$105,090 |
$8,757 |
$2,021 |
$51 |
25th Percentile |
$93,896 |
$7,825 |
$1,806 |
$45 |
Last Updated on December 01, 2024
View SBA Loan Officer Salary by Experience Levels
An entry-level SBA Loan Officer with under 1 year experience makes about $109,947.
With less than 2 years of experience, a mid-level SBA Loan Officer makes around $110,310.
After 2-4 years, the SBA Loan Officer pay rises to about $112,667.
Those senior SBA Loan Officer with 5-8 years of experience earn roughly $120,509, and those SBA Loan Officer having 8 years or more experience are expected to earn about $123,139 on average.
Levels |
Salary |
Entry Level SBA Loan Officer
|
$109,947
|
Intermediate Level SBA Loan Officer
|
$110,310
|
Senior Level SBA Loan Officer
|
$112,667
|
Specialist Level SBA Loan Officer
|
$120,509
|
Expert Level SBA Loan Officer
|
$123,139
|
$109,947
0 yr
$110,310
< 2 yrs
$112,667
2-4 yrs
$120,509
5-8 yrs
$123,139
> 8 yrs
Last Updated on December 01, 2024
Entry Level
|
5%
|
Mid Level
|
5%
|
Senior Level
|
7%
|
Top Level
|
15%
|
Experienced
|
17%
|
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Last Updated on December 01, 2024
View SBA Loan Officer Pay Difference by Location
SBA Loan Officer salary varies from city to city.
Compared with national average salary of SBA Loan Officer, the highest SBA Loan Officer salary is in San Francisco, CA, where the SBA Loan Officer salary is 25.0% above.
The lowest SBA Loan Officer salary is in Miami, FL, where the SBA Loan Officer salary is 3.5% lower than national average salary.
City, State |
Price |
Compared to national average |
San Francisco, CA
|
$131,362 |
|
Washington, DC
|
$116,965 |
|
Miami, FL
|
$101,412 |
|
Chicago, IL
|
$110,239 |
|
Boston, MA
|
$117,806 |
|
New York, NY
|
$122,745 |
|