As of December 01, 2024, the average annual pay of SBA Loan Officer in Denver, CO is $106,981. While Salary.com is seeing that the highest pay for SBA Loan Officer in Denver, CO can go up to $138,602 and the lowest down to $85,212, but most earn between $95,586 and $123,533. 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.
| 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 |
An entry-level SBA Loan Officer with under 1 year experience makes about $102,779. With less than 2 years of experience, a mid-level SBA Loan Officer makes around $103,118. After 2-4 years, the SBA Loan Officer pay rises to about $105,321. Those senior SBA Loan Officer with 5-8 years of experience earn roughly $112,652, and those SBA Loan Officer having 8 years or more experience are expected to earn about $115,110 on average.
| Levels | Salary |
|---|---|
| Entry Level SBA Loan Officer | $102,779 |
| Intermediate Level SBA Loan Officer | $103,118 |
| Senior Level SBA Loan Officer | $105,321 |
| Specialist Level SBA Loan Officer | $112,652 |
| Expert Level SBA Loan Officer | $115,110 |
| Entry Level | 2% |
| Mid Level | 2% |
| Senior Level | 0% |
| Top Level | 7% |
| Experienced | 10% |
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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
|
$124,098 |
16%
|
|
Regulatory Compliance
|
$119,819 |
12%
|
|
Credit Risk
|
$118,749 |
11%
|
|
Coaching
|
$117,679 |
10%
|
|
Accountability
|
$116,610 |
9%
|
|
Integrity
|
$115,540 |
8%
|
