How Much Does a Sba Loan Specialist Make in Alabama?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Sba Loan Specialist in Alabama is $39,285. While Salary.com is seeing that Sba Loan Specialist salary in AL can go up to $61,435 or down to $29,971, but most earn between $34,410 and $50,879. 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 Specialist
SBA Loan Officer
$92,550
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Sba Loan Closer
$49,057
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Sba Loan Assistant
$36,945
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Similar Job Salaries to Sba Loan Specialist by Company

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Company average base salary in (usd) range
First Savings Bank
SBA Loan Operations Specialist
$55,589/yr
$50,637
$60,542
RANGE: $50,637 - $60,542
Mountain Pacific Bank
Assistant SBA Loan Documentation Specialist
$52,771/yr
$47,659
$57,883
RANGE: $47,659 - $57,883
Truliant Federal Credit Union
SBA Senior Loan Closing Specialist
$74,143/yr
$67,251
$81,034
RANGE: $67,251 - $81,034
CrossFirst Bank
Senior SBA Loan Closing Specialist
$54,343/yr
$48,854
$59,833
RANGE: $48,854 - $59,833
Credit Central, LLC
Loan Specialist
$56,339/yr
$50,642
$62,035
RANGE: $50,642 - $62,035
RP PRO, LLC
Loan Specialist
$54,270/yr
$48,807
$59,733
RANGE: $48,807 - $59,733
OneMain Financial
Loan Sales Specialist
$64,482/yr
$57,502
$71,461
RANGE: $57,502 - $71,461
ServisFirst Bank
Loan Specialist I - Booking
$53,451/yr
$48,192
$58,711
RANGE: $48,192 - $58,711

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Top 10 Highest Paying Cities For Sba Loan Specialist Jobs in Alabama

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Sba Loan Specialist 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 Specialist job salaries in Alabama. Some cities can pay higher salaries for Sba Loan Specialist jobs, which can indicate that there is a large demand for Sba Loan Specialist positions in this city.
The following table shows top 10 cities where the Sba Loan Specialist salary is higher than other cities in Alabama. Huntsville takes first place in this list, followed by Madison, Gadsden. The Sba Loan Specialist salary is $40,995 in Huntsville, which is lower than the national average. There is 0 city's Sba Loan Specialist salary higher than national average in Alabama.
The average salary for a Sba Loan Specialist in Alabama is $39,285, but we found that the city with the highest salary for Sba Loan Specialist jobs is Huntsville, AL, and it is higher than Madison. Sba Loan Specialist jobs in Huntsville can have the opportunity to earn higher salaries than in other cities in Alabama.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Huntsville $40,995 $3,416 $788 $20
Madison $40,995 $3,416 $788 $20
Gadsden $40,097 $3,341 $771 $19
Tuscaloosa $40,055 $3,338 $770 $19
Birmingham $39,926 $3,327 $768 $19
Tanner $39,755 $3,313 $765 $19
Decatur $39,627 $3,302 $762 $19
Mobile $39,371 $3,281 $757 $19
Montgomery $37,960 $3,163 $730 $18
Prattville $37,960 $3,163 $730 $18

What Does a Sba Loan Specialist Do?

SBA will pay the fee not later than 5 days after the reported disbursement of the PPP loan and, as required by the Economic Aid Act, may not require the fee to be repaid by the lender unless the lender is found guilty of an act of fraud in connection with the PPP loan.
Updated October 11, 2021
SBA is developing a process to collect the information necessary for eligible borrowers to reapply or request an increase in their PPP loan amount as described in this interim final rule.
Updated December 22, 2021
The Small Business Administration (SBA) received funding and authority through the Act to modify existing loan programs and establish a new loan program to assist small businesses nationwide adversely impacted by the COVID-19 emergency.
Updated December 21, 2021
When disbursing loans, lenders must send any amount of loan proceeds designated for the refinance of an EIDL loan directly to SBA and not to the borrower.
Updated December 21, 2021
SBA, in consultation with Treasury, has determined that for purposes of loans made under the PPP, the additional requirements set forth in 120.434 shall also not apply.
Updated December 16, 2021

Frequently Asked Questions About a Sba Loan Specialist Salaries

What is the average of a Sba Loan Specialist in Alabama?

The Sba Loan Specialist salary range is from $34,410 to $50,879, and the average Sba Loan Specialist salary is $39,285/year in Alabama. The Sba Loan Specialist's salary will change in different locations.

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

The Sba Loan Specialist salary in San Jose, CA is $53,648 which is the highest in the US.

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

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

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