SBA Loan Officer Salary in Lafayette, Indiana

Search

SBA Loan Officer Salary in Lafayette, IN

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 Lafayette, IN is $101,622. While Salary.com is seeing that the highest pay for SBA Loan Officer in Lafayette, IN can go up to $131,658 and the lowest down to $80,943, but most earn between $90,798 and $117,344. 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.

Compensation Planning
Develop a Job description
Pay Equity
Bilingual Pay
ChatGPT for HR
Variable Pay
View as table View as graph
Didn’t find your job? Click
SBA Loan Officer Salaries by Percentile
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
View as table View as graph

Average Salary

25% $90,798 10% $80,943 90% $131,658 75% $117,344 $101,622 50%(Median) Didn’t find job title? Click
Employers: Find Surveys For This Job Employers: Price Your Company Jobs Employees: View your Salary
View as table View as graph
Change Search Criteria
See it in Action
For Employees
Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings

Search thousands of open positions to find your next opportunity.
For Employers
Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

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
$93,896
Average
$105,090/year
$121,349
$7,825
Average
$8,757/month
$10,112
$1,806
Average
$2,021/week
$2,334
$45
Average
$51/hour
$58
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 $97,630. With less than 2 years of experience, a mid-level SBA Loan Officer makes around $97,952. After 2-4 years, the SBA Loan Officer pay rises to about $100,045. Those senior SBA Loan Officer with 5-8 years of experience earn roughly $107,009, and those SBA Loan Officer having 8 years or more experience are expected to earn about $109,344 on average.

Levels Salary
Entry Level SBA Loan Officer $97,630
Intermediate Level SBA Loan Officer $97,952
Senior Level SBA Loan Officer $100,045
Specialist Level SBA Loan Officer $107,009
Expert Level SBA Loan Officer $109,344
$97,630 0 yr
$97,952 < 2 yrs
$100,045 2-4 yrs
$107,009 5-8 yrs
$109,344 > 8 yrs
Last Updated on December 01, 2024
Entry Level 7%
Mid Level 7%
Senior Level 5%
Top Level 2%
Experienced 4%
View as graph
Last Updated on December 01, 2024

Highest Paying Cities in Indiana for SBA Loan Officer

Not the salary data you are looking for? Choose the city salary you want to see.

Salaries of Jobs Related to SBA Loan Officer

Job Openings of SBA Loan Officer

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.

Cost of Living In Lafayette, IN

Cost of Living in Lafayette , IN is
-1.7% Lower
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living Calculator

Best-Paid Skills and Qualifications for SBA Loan Officer

What skills does a SBA Loan Officer need?

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.

1.

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.

2.

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.

3.

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

See More Skills
Communicates Effectively 5.88%
Economics 1.89%
Accounting 1.47%
Others 90.76%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a SBA Loan Officer higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Coordination, you can get a 16% salary raise. If you are good at Regulatory Compliance, your salary will increase by 12%. If you are expert in Credit Risk, your salary will rise by 11%.
Skill Salary Demand
Coordination
 $117,881
16%
Regulatory Compliance
 $113,816
12%
Credit Risk
 $112,800
11%
Coaching
 $111,784
10%
Accountability
 $110,768
9%
Integrity
 $109,751
8%
Get Latest Data
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Is this useful?

The average salary for a SBA Loan Officer is $101,622 per year in Lafayette, IN, updated at December 01, 2024.
Is this useful? Maybe