How Much Does a Sba Loan Closer Make in Worcester, MA?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Sba Loan Closer in Worcester, MA is $56,317. While Salary.com is seeing that Sba Loan Closer salary in Worcester, MA can go up to $67,920 or down to $42,597, but most earn between $49,136 and $62,390. 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
$54,400
Worcester, MA
Per Year
SBA Loan Officer
$111,624
Worcester, MA
Per Year
Sba Loan Processor
$55,384
Worcester, MA
Per Year
Sba Loan Specialist
$45,099
Worcester, MA
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
Northeast Bank
National SBA 7a Loan Closer
$74,559/yr
$65,962
$83,156
RANGE: $65,962 - $83,156
The Goddard School
SBA Loan Closer
$203,972/yr
$158,943
$249,000
RANGE: $158,943 - $249,000
FIRST INTERNET BANK
SBA Loan Closer II
$53,488/yr
$46,650
$60,327
RANGE: $46,650 - $60,327
Peapack Private Bank & Trust
SBA Loan Closer - TEMPORARY
$90,575/yr
$74,420
$106,730
RANGE: $74,420 - $106,730
Peapack-Gladstone Bank
SBA Loan Closer - TEMPORARY
$72,308/yr
$62,718
$81,899
RANGE: $62,718 - $81,899
First Internet Bank
SBA Loan Closer I
$134,524/yr
$99,657
$169,392
RANGE: $99,657 - $169,392
Milestone Bank
Senior Loan Closer, SBA
$66,899/yr
$57,504
$76,293
RANGE: $57,504 - $76,293
Staff Financial Group
SBA Loan Processor/Closer.
$99,576/yr
$76,765
$122,387
RANGE: $76,765 - $122,387
Rockland Federal Credit Union
Residential Loan Closer
$68,645/yr
$60,682
$76,608
RANGE: $60,682 - $76,608

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What Does a Sba Loan Closer Do?

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
The difference? Fundera’s marketplace includes a few lenders and loan options that Lendio’s doesn’t―including SBA microloans.
Updated November 17, 2021
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
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

Frequently Asked Questions About a Sba Loan Closer Salaries

What is the average of a Sba Loan Closer in Worcester, MA?

The Sba Loan Closer salary range is from $49,136 to $62,390, and the average Sba Loan Closer salary is $56,317/year in Worcester, MA. 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 $66,994 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.