How much does a SBA Loan Officer make in Toledo, OH? The average SBA Loan Officer salary in Toledo, OH is $99,923 as of April 24, 2024, but the range typically falls between $89,279 and $115,374. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile SBA Loan Officer Salary | $79,589 | Toledo,OH | April 24, 2024 |
25th Percentile SBA Loan Officer Salary | $89,279 | Toledo,OH | April 24, 2024 |
50th Percentile SBA Loan Officer Salary | $99,923 | Toledo,OH | April 24, 2024 |
75th Percentile SBA Loan Officer Salary | $115,374 | Toledo,OH | April 24, 2024 |
90th Percentile SBA Loan Officer Salary | $129,442 | Toledo,OH | April 24, 2024 |
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SBA Loan Officer develops and structures Small Business Administration (SBA) government-guaranteed loans and lines of credit to eligible business customers. Collects and reviews required customer financial information, structures the SBA loan proposals, completes initial underwriting, and prepares credit package that complies with all applicable regulations and SBA guidelines. Being a SBA Loan Officer builds working relationships and open communication with customers to clearly understand the customer's ongoing business needs. Develops relationships with a network of financial professionals and other referral sources to identify new prospects. Additionally, SBA Loan Officer maintains an up-to-date knowledge of SBA products, rules, and regulations. Requires a bachelor's degree in finance, business or equivalent. Typically reports to a manager. The SBA Loan Officer occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a SBA Loan Officer typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description
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SBA Loan Officer salary varies from city to city. Compared with national average salary of SBA Loan Officer, the highest SBA Loan Officer salary is in San Francisco, CA, where the SBA Loan Officer salary is 25.0% above. The lowest SBA Loan Officer salary is in Miami, FL, where the SBA Loan Officer salary is 3.5% lower than national average salary.
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Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Agricultural Loan Officer | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Construction Loan Officer | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Consumer Loan Officer I | Experience 0 - 1 | EducationHigh School | Salary Compared to This Job |
Job Title Consumer Loan Officer II | Experience 1 - 3 | EducationHigh School | Salary Compared to This Job |
Job Title Consumer Loan Officer III | Experience 3 - 5 | EducationHigh School | Salary Compared to This Job |
Jobs with different levels of education may pay very differently. Check the SBA Loan Officer salary of your education level.
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About Toledo, Ohio Toledo (/təˈliːdoʊ/) is a city in and the county seat of Lucas County, Ohio, United States. Toledo is in northwest Ohio, at the western end of Lake Er....More
Toledo, Ohio area prices were up 1.3% from a year ago View the Cost of Living in Toledo, Ohio
SBA Loan Officer Salary in popular cities: Columbus, Cleveland, Cincinnati
Skills associated with SBA Loan Officer: Banking Products, Prospecting, Lending Regulatory Compliance, Loan Software ...More
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Salary estimation for SBA Loan Officer at companies like : 913 South College, Central Coast Chapter of the California Council Of, Lakonia Holdings LLC