Sba Loan Closer Salary in the United States

How much does a Sba Loan Closer make in the United States?

As of July 01, 2026, the average salary for a Sba Loan Closer in the United States is $50,603 per year, which breaks down to an hourly rate of $24.

However, a Sba Loan Closer's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $60,191
  • Majority Range (25th-75th percentile): $45,197 to $55,622
  • Entry-Level (10th percentile): $40,274
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View as table View as graph 25% $45,197 10% $40,274 90% $60,191 75% $55,622 $50,603 50%(Median) Didn’t find job title? Click

Sba Loan Closer Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $55,622 $4,635 $1,070 $27
Average $50,603 $4,217 $973 $24
25th Percentile $45,197 $3,766 $869 $22
Check out Sba Loan Closer Job Openings in the United States
Commercial SBA Loan Specialist

US Tech Solutions - Cleveland, OH

Mortgage Loan Closer

Howard Hanna Real Estate Services - Cleveland, OH

Mortgage Loan Closer

M/I Homes - Columbus, OH

SBA Loan Servicing&amp Liquidation Specialist

Rhonemus Group - Columbus, OH

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Key Factors That Influence Sba Loan Closer Salaries

A Sba Loan Closer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Do Sba Loan Closer Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Sba Loan Closers. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $56,028.
  • California: $55,815.
  • Massachusetts: $55,072.

Top Paying Cities for Sba Loan Closers

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $63,826
  • San Francisco: $63,127
  • Oakland: $61,797

What Skills Can Increase a Sba Loan Closer's Salary?

Demanded Skills for the Role:

  • Troubleshooting (Mentioned in 1.81% Job Postings): Troubleshooting is a form of problem solving, often applied to repair failed products or processes on a machine or a system. It is a logical, systematic search for the source of a problem in order to solve it, and make the product or process operational again. Troubleshooting is needed to identify the symptoms. Determining the most likely cause is a process of elimination—eliminating potential causes of a problem. Finally, troubleshooting requires confirmation that the solution restores the product or process to its working state. In general, troubleshooting is the identification or diagnosis of "trouble" in the management flow of a system caused by a failure of some kind. The problem is initially described as symptoms of malfunction, and troubleshooting is the process of determining and remedying the causes of these symptoms. A system can be described in terms of its expected, desired or intended behavior (usually, for artificial systems, its purpose). Events or inputs to the system are expected to generate specific results or outputs. (For example, selecting the "print" option from various computer applications is intended to result in a hardcopy emerging from some specific device). Any unexpected or undesirable behavior is a symptom. Troubleshooting is the process of isolating the specific cause or causes of the symptom. Frequently the symptom is a failure of the product or process to produce any results. (Nothing was printed, for example). Corrective action can then be taken to prevent further failures of a similar kind.
  • Machine Controls (Mentioned in 1.31% Job Postings): Machine Control is the use of positioning tools and a display to provide a construction machinery operator with a reference between the position of the bucket or blade and the target grade.
  • Preventive Maintenance (Mentioned in 1.02% Job Postings): Preventive maintenance is the act of performing regularly scheduled maintenance activities to help prevent unexpected failures in the future. Put simply, it's about fixing things before they break.
See More Skills
Skills Demand Percentage
Troubleshooting 1.81%
Machine Controls 1.31%
Preventive Maintenance 1.02%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Sba Loan Closer's salary.
  • Collaboration: Can increase your salary by up to 4%.
  • Verbal Communication: Can increase your salary by up to 4%.
  • CAD: Can increase your salary by up to 4%.
Skill Salary Salary % Increase
Collaboration
 $52,627
4%
Verbal Communication
 $52,627
4%
CAD
 $52,627
4%
Programming
 $52,121
3%
Welding
 $52,121
3%
Scheduling
 $52,121
3%
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Sba Loan Closer Salary by Industry: Top Paying Sectors

For Sba Loan Closer roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the MFG Durable and Retail & Wholesale sectors offer the strongest compensation, at 50% above the average. In contrast, Sba Loan Closer positions in Software & Networking or MFG Nondurable typically offer lower base pay, as these industries often view Sba Loan Closer as a support function rather than a direct revenue driver.

The top paying industries for a Sba Loan Closer

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
MFG Durable$75,905$36.050%
Retail & Wholesale$65,784$32.030%
Aerospace & Defense$60,724$29.020%
Edu., Gov't. & Nonprofit$55,664$27.010%

Sba Loan Closer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Sba Loan Closer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

  • Hourly
  • Monthly
  • Weekly
  • Yearly
  • Table View
Last Updated on July 01, 2026
$45,197
Average $50,603/year
$55,622
$3,766
Average $4,217/month
$4,635
$869
Average $973/week
$1,070
$22
Average $24/hour
$27
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $55,622 $4,635 $1,070 $27
Average $50,603 $4,217 $973 $24
25th Percentile $45,197 $3,766 $869 $22

Salaries of jobs related to Sba Loan Closer

Salary Trends for Sba Loan Closer

Salaries for a Sba Loan Closer can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $43,308 in 2023 to around $43,346 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Sba Loan Closer salary trends, .

Average Annual Salary of Sba Loan Closer Over Time

2022
$???
2023
$43,308
2024
$43,464
2025
$43,346
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $43,308
2024 $43,464
2025 $43,346
2026
View More
2027
View More

Most common benefits for Sba Loan Closer

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Sba Loan Closer

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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