Sba Loan Processor Salaries in New Jersey
How Much Does a Sba Loan Processor Make in New Jersey?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Sba Loan Processor in New Jersey is $56,875.
While Salary.com is seeing that Sba Loan Processor salary in NJ can go up to $70,640
or down to $45,819, but most earn between $51,088 and $64,080.
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
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Similar Job Salaries to Sba Loan Processor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Peapack Private Bank & Trust
SBA Loan Closer - TEMPORARY
|
$76,136/yr
|
RANGE: $68,730 - $83,541
|
|
Peapack-Gladstone Bank
SBA Loan Closer - TEMPORARY
|
$67,776/yr
|
RANGE: $60,981 - $74,571
|
|
Gulf Coast Bank
LOAN PROCESSOR - SBA/Mortgage
|
$47,283/yr
|
RANGE: $43,484 - $51,082
|
|
Staff Financial Group
SBA Loan Processor/Closer.
|
$71,539/yr
|
RANGE: $64,959 - $78,119
|
|
BD Capital
Loan Processor
|
$65,362/yr
|
RANGE: $58,782 - $71,942
|
|
Yum & Chill Restaurant Group LLC
Loan Processor
|
$65,707/yr
|
RANGE: $59,093 - $72,321
|
|
First Harvest Credit Union
Loan Processor
|
$62,980/yr
|
RANGE: $56,640 - $69,320
|
|
Mutual of Omaha Mortgage
Mortgage Loan Processor - Reverse
|
$66,476/yr
|
RANGE: $59,783 - $73,169
|
|
BMO U.S.
NMLS Certified Loan Processor
|
$57,115/yr
|
RANGE: $51,264 - $62,966
|
|
Techskills
Mortgage Loan Processor
|
$61,239/yr
|
RANGE: $55,074 - $67,405
|
Top 10 Highest Paying Cities For Sba Loan Processor Jobs in New Jersey
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Sba Loan Processor can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Sba Loan Processor job salaries in New Jersey.
Some cities can pay higher salaries for Sba Loan Processor jobs, which can indicate that there is a large demand for Sba Loan Processor positions in this city.
The following table shows top 10 cities where the Sba Loan Processor salary is higher than other cities in New Jersey.
Jersey City takes first place in this list, followed by Union City, Hoboken.
The Sba Loan Processor salary is $60,811 in Jersey City,
which is higher than the national average. There are 33 cities' Sba Loan Processor salary higher than national average in New Jersey.
The average salary for a Sba Loan Processor in New Jersey is $56,875,
but we found that the city with the highest salary for Sba Loan Processor jobs is Jersey City, NJ, and it is higher than Union City.
Sba Loan Processor jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Jersey City | $60,811 | $5,068 | $1,169 | $29 |
| Union City | $60,811 | $5,068 | $1,169 | $29 |
| Hoboken | $60,811 | $5,068 | $1,169 | $29 |
| West New York | $60,811 | $5,068 | $1,169 | $29 |
| Paramus | $59,997 | $5,000 | $1,154 | $29 |
| Paterson | $59,945 | $4,995 | $1,153 | $29 |
| Clifton | $59,945 | $4,995 | $1,153 | $29 |
| Passaic | $59,945 | $4,995 | $1,153 | $29 |
| Bloomfield | $59,945 | $4,995 | $1,153 | $29 |
| Wayne | $59,945 | $4,995 | $1,153 | $29 |
What Does a Sba Loan Processor Do?
Paycheck Protection Program SBA Loan Review Procedures and Related Borrower and Lender Responsibilities.
Updated November 21, 2021
Your application to participate in the SBA Paycheck Protection Program, including any second draw loans, is subject to review of information and documents the SBA or we may require you to provide.
Updated November 09, 2021
SBA will, subject to any SBA review of the borrower's loan(s) or loan application(s), remit the appropriate forgiveness amount to the lender, plus any interest accrued through the date of payment, not later than 90 days after the lender issues its decision to SBA.
Updated November 05, 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
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Explore JobArchitectFrequently Asked Questions About a Sba Loan Processor Salaries
What is the average of a Sba Loan Processor in New Jersey?
The Sba Loan Processor salary range is from $51,088 to $64,080, and the average Sba Loan Processor salary is $56,875/year in New Jersey.
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 $66,184
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.
