Sba Loan Processor Salaries in South Dakota
How Much Does a Sba Loan Processor Make in South Dakota?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Sba Loan Processor in South Dakota is $47,687.
While Salary.com is seeing that Sba Loan Processor salary in SD can go up to $59,229
or down to $38,417, but most earn between $42,835 and $53,728.
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 |
|---|---|---|
|
Builder Finance Inc
SBA Loan Officer
|
$73,122/yr
|
RANGE: $66,015 - $80,229
|
|
CorTrust Bank
Loan Processor
|
$52,742/yr
|
RANGE: $47,432 - $58,051
|
|
Opportunities
Sr Loan Processor - SBA
|
$65,653/yr
|
RANGE: $59,072 - $72,235
|
|
Sentinel Federal Credit Union
Commercial Loan Processor
|
$55,583/yr
|
RANGE: $49,963 - $61,203
|
|
Waterstone LSP, LLC
SBA Underwriter & SBA Loan Packager
|
$85,041/yr
|
RANGE: $77,798 - $92,284
|
|
PONCE BANK
SBA Loan Processing Specialist
|
$84,476/yr
|
RANGE: $76,715 - $92,237
|
|
W3Global
SBA Loan Processing Specialist
|
$84,476/yr
|
RANGE: $76,715 - $92,237
|
|
Jobleads-US
SBA Loan Originator
|
$84,513/yr
|
RANGE: $77,160 - $91,866
|
|
Peapack-Gladstone Bank
SBA Loan Closer - TEMPORARY
|
$67,776/yr
|
RANGE: $60,981 - $74,571
|
|
FIRST INTERNET BANK
SBA Loan Underwriter
|
$89,591/yr
|
RANGE: $80,347 - $98,836
|
Top 10 Highest Paying Cities For Sba Loan Processor Jobs in South Dakota
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 South Dakota.
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 South Dakota.
Sioux Falls takes first place in this list, followed by Brookings, Watertown.
The Sba Loan Processor salary is $47,629 in Sioux Falls,
which is lower than the national average. There is 0 city's Sba Loan Processor salary higher than national average in South Dakota.
The average salary for a Sba Loan Processor in South Dakota is $47,687,
but we found that the city with the highest salary for Sba Loan Processor jobs is Sioux Falls, SD, and it is higher than Brookings.
Sba Loan Processor jobs in Sioux Falls can have the opportunity to earn higher salaries than in other cities in South Dakota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Sioux Falls | $47,629 | $3,969 | $916 | $23 |
| Brookings | $46,842 | $3,904 | $901 | $23 |
| Watertown | $46,842 | $3,904 | $901 | $23 |
| Rapid City | $46,695 | $3,891 | $898 | $22 |
| Deadwood | $45,908 | $3,826 | $883 | $22 |
| Pierre | $44,208 | $3,684 | $850 | $21 |
| Aberdeen | $43,421 | $3,618 | $835 | $21 |
What Does a Sba Loan Processor Do?
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
If SBA has notified the lender that SBA has commenced a loan review, the lender should issue a forgiveness decision to SBA not later than 60 days after receipt of the complete loan forgiveness application from the borrower, unless otherwise directed by SBA.
Updated December 11, 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 South Dakota?
The Sba Loan Processor salary range is from $42,835 to $53,728, and the average Sba Loan Processor salary is $47,687/year in South Dakota.
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.
