As of April 01, 2025, the average annual salary for a SBA Loan Officer in Richmond, CA is $120,607. According to Salary.com, salaries can range from a low of $93,279 to a high of $133,389, with most professionals earning between $106,303 and $127,298.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $127,298 | $10,608 | $2,448 | $61 |
| Average | $120,607 | $10,051 | $2,319 | $58 |
| 25th Percentile | $106,303 | $8,859 | $2,044 | $51 |
An entry-level SBA Loan Officer with under 1 year experience makes about $115,910. With less than 2 years of experience, a mid-level SBA Loan Officer makes around $116,337. After 2-4 years, the SBA Loan Officer pay rises to about $119,112. Those senior SBA Loan Officer with 5-8 years of experience earn roughly $123,103, and those SBA Loan Officer having 8 years or more experience are expected to earn about $124,102 on average.
| Levels | Salary |
|---|---|
| Entry Level SBA Loan Officer | $115,910 |
| Intermediate Level SBA Loan Officer | $116,337 |
| Senior Level SBA Loan Officer | $119,112 |
| Specialist Level SBA Loan Officer | $123,103 |
| Expert Level SBA Loan Officer | $124,102 |
| Entry Level | 15% |
| Mid Level | 16% |
| Senior Level | 18% |
| Top Level | 22% |
| Experienced | 23% |
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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
|
$139,904 |
16%
|
|
Regulatory Compliance
|
$135,080 |
12%
|
|
Credit Risk
|
$133,873 |
11%
|
|
Coaching
|
$132,667 |
10%
|
|
Accountability
|
$131,461 |
9%
|
|
Integrity
|
$130,255 |
8%
|
