How Much Does a Sba Loan Closer Make in El Paso, TX?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Sba Loan Closer in El Paso, TX is $45,918. While Salary.com is seeing that Sba Loan Closer salary in El Paso, TX can go up to $56,355 or down to $34,487, but most earn between $39,934 and $51,381. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Sba Loan Closer
Loan Closer
$44,600
El Paso, TX
Per Year
SBA Loan Officer
$91,533
El Paso, TX
Per Year
Sba Loan Processor
$45,424
El Paso, TX
Per Year
Sba Loan Specialist
$37,019
El Paso, TX
Per Year
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Similar Job Salaries to Sba Loan Closer by Company

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Company average base salary in (usd) range
Get It - Finance
Remote SBA Loan Closer | WFH Opportunity
$68,026/yr
$57,814
$78,237
RANGE: $57,814 - $78,237
Texas Capital Bank
SBA Loan Servicer - Loan Operations
$55,657/yr
$47,143
$64,172
RANGE: $47,143 - $64,172
American National Bank & Trust
Mortgage Loan Closer/Balancer
$64,415/yr
$56,988
$71,842
RANGE: $56,988 - $71,842
CHESMAR HOMES
Jr. Loan Closer
$53,176/yr
$45,365
$60,987
RANGE: $45,365 - $60,987
SoFi
Loan Closer, Home Equity
$71,378/yr
$60,298
$82,459
RANGE: $60,298 - $82,459
Get It - Finance
Remote Loan Closer | WFH Opportunity
$66,630/yr
$56,932
$76,329
RANGE: $56,932 - $76,329
Get It - Real Estate
Remote SBA Loan Support Specialist | Work From Home
$66,548/yr
$56,995
$76,100
RANGE: $56,995 - $76,100
Get It - Finance
Remote Loan Closer | Work From Home
$66,630/yr
$56,932
$76,329
RANGE: $56,932 - $76,329
U.S. Bank National Association
SBA Servicing Closer
$98,306/yr
$83,523
$113,088
RANGE: $83,523 - $113,088

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What Does a Sba Loan Closer Do?

While SBA-PPP loans continued to support overall net interest income, the contribution from these loans is declining as forgiveness activity continues.
Updated December 16, 2021
3 On Your Side also found loans tied to five lawmakers that might warrant a closer look -- two with false information.
Updated December 15, 2021
If you are purchasing an existing business, you may be able to get an SBA loan or other type of financing based in part on the current success of the business.
Updated November 22, 2021
SBA loans require that your business "owner occupy" at least 51% of an existing building or 60% of a building you would construct, but you can lease out the rest of the space, so your tenant(s) can help offset your costs - possibly dramatically.
Updated November 21, 2021
Individual lenders are approved by the SBA to make loans under SBA programs, and these generally offer lower interest rates.
Updated November 19, 2021

Frequently Asked Questions About a Sba Loan Closer Salaries

What is the average of a Sba Loan Closer in El Paso, TX?

The Sba Loan Closer salary range is from $39,934 to $51,381, and the average Sba Loan Closer salary is $45,918/year in El Paso, TX. The Sba Loan Closer's salary will change in different locations.

Which location pays the highest Sba Loan Closer salary in the United States?

The Sba Loan Closer salary in San Jose, CA is $66,162 which is the highest in the US.

What kinds of reasons will influence the Sba Loan Closer's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Sba Loan Closer.

What is the growth rate of the Sba Loan Closer's salary?

If you are thinking of becoming a Sba Loan Closer or planning the next step in your career, find the detailed salary report of a Sba Loan Closer.