How Much Does a Sba Loan Processor Make in Madison, WI?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Sba Loan Processor in Madison, WI is $51,369. While Salary.com is seeing that Sba Loan Processor salary in Madison, WI can go up to $63,810 or down to $41,393, but most earn between $46,147 and $57,882. 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 Processor
SBA Loan Officer
$103,513
Madison, WI
Per Year
Sba Loan Closer
$51,928
Madison, WI
Per Year
Sba Loan Specialist
$41,865
Madison, WI
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Sba Loan Assistant
$39,333
Madison, WI
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Similar Job Salaries to Sba Loan Processor by Company

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Company average base salary in (usd) range
Magnifi Financial
SBA Loan Processor II
$74,925/yr
$63,294
$86,557
RANGE: $63,294 - $86,557
PremierBank
Loan Processor
$63,655/yr
$54,456
$72,855
RANGE: $54,456 - $72,855
$63,078/yr
$54,319
$71,837
RANGE: $54,319 - $71,837
Royal Bank
Loan Processor
$59,567/yr
$51,295
$67,838
RANGE: $51,295 - $67,838
U.S. Bank National Association
Consumer Loan Processor
$62,308/yr
$53,638
$70,977
RANGE: $53,638 - $70,977
Empeople Credit Union
Commerical Loan Processor
$72,163/yr
$60,963
$83,363
RANGE: $60,963 - $83,363
The Stephenson National Bank & Trust
Retail Loan Processor
$66,138/yr
$56,141
$76,134
RANGE: $56,141 - $76,134
Superior Choice Credit Union
Universal Loan Processor
$61,674/yr
$53,110
$70,238
RANGE: $53,110 - $70,238
$59,659/yr
$51,358
$67,960
RANGE: $51,358 - $67,960

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What Does a Sba Loan Processor Do?

Expedite the process by getting immediate cancellations - this in turn places the funds back into the SBA General Account to be loaned to another applicant and gets our refund of the cancelled loan processed immediately.
Updated November 04, 2021
Your deferral period lasts until the date the SBA sends the forgiven amount of your PPP loan to Synovus or notifies us that no forgiveness is allowed.
Updated December 17, 2021
Loans under the PPP will be 100 percent guaranteed by SBA, and the full principal amount of the loans may qualify for loan forgiveness.
Updated December 15, 2021
SBA may, in its discretion, review a borrower's First Draw PPP Loan and Second Draw PPP Loan at the same time or at different times.
Updated December 12, 2021
Most notably, the SBA said it will accept PPP loan applications only from community financial institutions for at least the first two days when the PPP loan portal reopens.
Updated December 11, 2021

Frequently Asked Questions About a Sba Loan Processor Salaries

What is the average of a Sba Loan Processor in Madison, WI?

The Sba Loan Processor salary range is from $46,147 to $57,882, and the average Sba Loan Processor salary is $51,369/year in Madison, WI. The Sba Loan Processor's salary will change in different locations.

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

The Sba Loan Processor salary in San Jose, CA is $65,450 which is the highest in the US.

What kinds of reasons will influence the Sba Loan Processor'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 Processor.

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

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