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Sba Loan Assistant Salary in Michigan

How much does a Sba Loan Assistant make in Michigan? The salary range for a Sba Loan Assistant job is from $34,338 to $44,726 per year in Michigan. Click on the filter to check out Sba Loan Assistant job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$39,413
Per Year
The average salary for a Sba Loan Assistant is $39,413
per Year in Michigan.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$34,338
$39,413
Medium
$44,726

Highest Paying Cities for Sba Loan Assistant in Michigan

Here are the top eight that pay the highest Sba Loan Assistant salary in MI. Due to the cost of living in different locations, the Sba Loan Assistant salary will also be different. Ann Arbor with the highest wage for the Sba Loan Assistant in Michigan has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Sba Loan Assistant

Sba Loan Assistant works in Michigan will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.

How Much Do Similar Professions Get Paid in Michigan?

The Sba Loan Assistant jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Sba Loan Assistant, while they have the Sba Loan Assistant responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Sba Loan Processor
Average salary
United States
$51,474
per Year
Sba Loan Closer
Average salary
United States
$52,033
per Year
Sba Loan Specialist
Average salary
United States
$41,950
per Year
Senior Officer - SBA Business Development
Average salary
United States
$103,800
per Year
Loan Assistant
Average salary
United States
$55,617
per Year
Sba Underwriter
Average salary
United States
$92,593
per Year

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What Does a Sba Loan Assistant Do?

The SBA 7(a) loan is a government-backed loan provided by financial institutions like banks and credit unions.

December 15, 2021

You, or any business owned or controlled by you or any of your owners, has ever obtained a direct or guaranteed loan from SBA or any other Federal agency that is currently delinquent or has defaulted within the last seven years and caused a loss to the government.

December 15, 2021

Your lender must notify you of remittance by SBA of the loan forgiveness amount (or notify you that SBA determined that no loan forgiveness is allowed) and the date your first payment is due.

December 14, 2021

This interim final rule also applies to loan forgiveness applications submitted under the Paycheck Protection Program before enactment of the Economic Aid Act where SBA has not remitted the forgiveness payment.

December 14, 2021

Because your lender will need to get approval from the SBA to back your loan, the application process and paperwork for an SBA 7(a) loan can be lengthy.

December 14, 2021

Most Common Benefits for Sba Loan Assistant

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Sba Loan Assistant
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The SBA 7(a) loan is a government-backed loan provided by financial institutions like banks and credit unions.
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Saline pays the highest Sba Loan Assistant wage. Get personal salary report to explore more salary information in different cities.
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The Sba Loan Assistant salary range is $34,338 to $44,726 in MI.
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