As of April 01, 2025, the average annual salary for a SBA Loan Officer in Erie, PA is $91,714. According to Salary.com, salaries can range from a low of $70,933 to a high of $101,434, with most professionals earning between $80,836 and $96,802.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $96,802 | $8,067 | $1,862 | $47 |
| Average | $91,714 | $7,643 | $1,764 | $44 |
| 25th Percentile | $80,836 | $6,736 | $1,555 | $39 |
An entry-level SBA Loan Officer with under 1 year experience makes about $88,142. With less than 2 years of experience, a mid-level SBA Loan Officer makes around $88,467. After 2-4 years, the SBA Loan Officer pay rises to about $90,577. Those senior SBA Loan Officer with 5-8 years of experience earn roughly $93,612, and those SBA Loan Officer having 8 years or more experience are expected to earn about $94,372 on average.
| Levels | Salary |
|---|---|
| Entry Level SBA Loan Officer | $88,142 |
| Intermediate Level SBA Loan Officer | $88,467 |
| Senior Level SBA Loan Officer | $90,577 |
| Specialist Level SBA Loan Officer | $93,612 |
| Expert Level SBA Loan Officer | $94,372 |
| Entry Level | 12% |
| Mid Level | 12% |
| Senior Level | 10% |
| Top Level | 7% |
| Experienced | 6% |
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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
|
$106,388 |
16%
|
|
Regulatory Compliance
|
$102,720 |
12%
|
|
Credit Risk
|
$101,802 |
11%
|
|
Coaching
|
$100,885 |
10%
|
|
Accountability
|
$99,968 |
9%
|
|
Integrity
|
$99,051 |
8%
|
