As of March 01, 2025, the average annual salary for a SBA Loan Officer in Cicero, IL is $110,990. According to Salary.com, salaries can range from a low of $88,388 to a high of $143,776, with most professionals earning between $99,159 and $128,151.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $122,165 | $10,180 | $2,349 | $59 |
| Average | $105,805 | $8,817 | $2,035 | $51 |
| 25th Percentile | $94,527 | $7,877 | $1,818 | $45 |
An entry-level SBA Loan Officer with under 1 year experience makes about $105,909. With less than 2 years of experience, a mid-level SBA Loan Officer makes around $106,258. After 2-4 years, the SBA Loan Officer pay rises to about $108,528. Those senior SBA Loan Officer with 5-8 years of experience earn roughly $116,083, and those SBA Loan Officer having 8 years or more experience are expected to earn about $118,616 on average.
| Levels | Salary |
|---|---|
| Entry Level SBA Loan Officer | $105,909 |
| Intermediate Level SBA Loan Officer | $106,258 |
| Senior Level SBA Loan Officer | $108,528 |
| Specialist Level SBA Loan Officer | $116,083 |
| Expert Level SBA Loan Officer | $118,616 |
| Entry Level | 0% |
| Mid Level | 0% |
| Senior Level | 3% |
| Top Level | 10% |
| Experienced | 12% |
Not the salary data you are looking for? Choose the city salary you want to see.
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.
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.
| Skill | Salary | Demand |
|---|---|---|
|
Coordination
|
$128,748 |
16%
|
|
Regulatory Compliance
|
$124,308 |
12%
|
|
Credit Risk
|
$123,198 |
11%
|
|
Coaching
|
$122,089 |
10%
|
|
Accountability
|
$120,979 |
9%
|
|
Integrity
|
$119,869 |
8%
|
