Sba Loan Specialist Salaries in Detroit, MI
How Much Does a Sba Loan Specialist Make in Detroit, MI?
Updated May 01, 2025
As of May 01, 2025,
the average annual pay of Sba Loan Specialist in Detroit, MI is $43,357.
While Salary.com is seeing that Sba Loan Specialist salary in Detroit, MI can go up to $67,598
or down to $33,056, but most earn between $37,965 and $56,046.
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
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Similar Job Salaries to Sba Loan Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
W3Global
SBA Loan Processing Specialist
|
$113,013/yr
|
RANGE: $87,927 - $138,100
|
|
US Tech Solutions
SBA Loan Specialist
|
$111,100/yr
|
RANGE: $91,311 - $130,888
|
|
EverBank N.A.
SBA Loan Servicing Specialist
|
$59,894/yr
|
RANGE: $51,097 - $68,691
|
|
North State Bank
SBA Loan Support Specialist
|
$59,305/yr
|
RANGE: $50,075 - $68,534
|
|
US Tech Solutions
SBA Loan Servicing Specialist
|
$61,518/yr
|
RANGE: $51,524 - $71,513
|
|
US Tech Solutions
Commercial / SBA Loan Specialist
|
$111,100/yr
|
RANGE: $91,311 - $130,888
|
|
CrossFirst Bank
Senior SBA Loan Closing Specialist
|
$60,718/yr
|
RANGE: $52,192 - $69,244
|
|
Bank of Ann Arbor
Loan Processing Specialist
|
$58,218/yr
|
RANGE: $50,456 - $65,979
|
|
Lake Trust Credit Union
Indirect Loan Specialist I
|
$99,549/yr
|
RANGE: $82,831 - $116,268
|
|
United Wholesale Mortgage
Loan Processing Specialist
|
$66,147/yr
|
RANGE: $56,501 - $75,793
|
What Does a Sba Loan Specialist Do?
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
SBA Paycheck Protection Program (PPP) loan forgiveness applications for first and second draw borrowers are now being processed.
Updated December 14, 2021
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Explore JobArchitectFrequently Asked Questions About a Sba Loan Specialist Salaries
What is the average of a Sba Loan Specialist in Detroit, MI?
The Sba Loan Specialist salary range is from $37,965 to $56,046, and the average Sba Loan Specialist salary is $43,357/year in Detroit, MI.
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 Santa Clara, CA is $54,681
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.
