How Much Does a Sba Loan Processor Make in Tennessee?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Sba Loan Processor in Tennessee is $49,036. While Salary.com is seeing that Sba Loan Processor salary in TN can go up to $60,903 or down to $39,503, but most earn between $44,046 and $55,248. 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
$94,111
Tennessee
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Sba Loan Closer
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Tennessee
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Sba Loan Specialist
$40,440
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Sba Loan Assistant
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Similar Job Salaries to Sba Loan Processor by Company

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Company average base salary in (usd) range
Opportunities
Sr Loan Processor - SBA
$65,653/yr
$59,072
$72,235
RANGE: $59,072 - $72,235
Coffee County Bank
Loan Processor
$52,642/yr
$47,343
$57,941
RANGE: $47,343 - $57,941
Vanderbilt Mortgage
Loan Processor
$53,148/yr
$47,798
$58,499
RANGE: $47,798 - $58,499
VirtualVocations
Loan Processor
$54,782/yr
$49,268
$60,297
RANGE: $49,268 - $60,297
First Horizon
Loan Operations Processor Sr.
$49,682/yr
$44,917
$54,448
RANGE: $44,917 - $54,448
First Federal Bank
Commercial Loan Processor
$55,088/yr
$50,500
$59,677
RANGE: $50,500 - $59,677
MortgageRight
Mortgage Loan Processor
$47,590/yr
$43,768
$51,412
RANGE: $43,768 - $51,412
Vanderbilt Mortgage And Finance
Bilingual Loan Processor (NON-LO)
$53,148/yr
$47,798
$58,499
RANGE: $47,798 - $58,499
400 Vanderbilt Mortgage and Finance
Bilingual Loan Processor (NON-LO)
$46,552/yr
$42,062
$51,042
RANGE: $42,062 - $51,042
Vanderbilt Mortgage
Bilingual Loan Processor (NON-LO)
$53,148/yr
$47,798
$58,499
RANGE: $47,798 - $58,499

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Top 10 Highest Paying Cities For Sba Loan Processor Jobs in Tennessee

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 Tennessee. 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 Tennessee. Nashville takes first place in this list, followed by Hendersonville, Franklin. The Sba Loan Processor salary is $49,812 in Nashville, which is lower than the national average. There is 0 city's Sba Loan Processor salary higher than national average in Tennessee.
The average salary for a Sba Loan Processor in Tennessee is $49,036, but we found that the city with the highest salary for Sba Loan Processor jobs is Nashville, TN, and it is higher than Hendersonville. Sba Loan Processor jobs in Nashville can have the opportunity to earn higher salaries than in other cities in Tennessee.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Nashville $49,812 $4,151 $958 $24
Hendersonville $49,739 $4,145 $957 $24
Franklin $49,639 $4,137 $955 $24
Murfreesboro $49,445 $4,120 $951 $24
Memphis $49,151 $4,096 $945 $24
Germantown $49,030 $4,086 $943 $24
Jackson $48,784 $4,065 $938 $23
Knoxville $48,144 $4,012 $926 $23
Chattanooga $47,598 $3,966 $915 $23
Clarksville $47,388 $3,949 $911 $23

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

Frequently Asked Questions About a Sba Loan Processor Salaries

What is the average of a Sba Loan Processor in Tennessee?

The Sba Loan Processor salary range is from $44,046 to $55,248, and the average Sba Loan Processor salary is $49,036/year in Tennessee. 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.