How Much Does a Sba Loan Specialist Make in Lowell, MA?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Sba Loan Specialist in Lowell, MA is $46,638. While Salary.com is seeing that Sba Loan Specialist salary in Lowell, MA can go up to $72,933 or down to $35,581, but most earn between $40,850 and $60,402. 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
$115,433
Lowell, MA
Per Year
Sba Loan Processor
$57,274
Lowell, MA
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Sba Loan Closer
$58,239
Lowell, MA
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Sba Loan Assistant
$43,859
Lowell, MA
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Similar Job Salaries to Sba Loan Specialist by Company

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Company average base salary in (usd) range
Northeast Bank
National SBA 7a Loan Closer
$74,559/yr
$65,962
$83,156
RANGE: $65,962 - $83,156
Rockland Trust
SBA Lending Specialist
$107,676/yr
$83,745
$131,607
RANGE: $83,745 - $131,607
First Savings Bank
SBA Loan Operations Specialist
$67,006/yr
$55,182
$78,830
RANGE: $55,182 - $78,830
Truliant Federal Credit Union
SBA Senior Loan Closing Specialist
$100,404/yr
$78,331
$122,477
RANGE: $78,331 - $122,477
Mountain Pacific Bank
Assistant SBA Loan Documentation Specialist
$59,594/yr
$51,791
$67,396
RANGE: $51,791 - $67,396
CrossFirst Bank
Senior SBA Loan Closing Specialist
$60,835/yr
$52,292
$69,378
RANGE: $52,292 - $69,378
Fidelity Co-Operative Bank
Home Loan Specialist
$87,001/yr
$73,186
$100,817
RANGE: $73,186 - $100,817
OneLocal Bank
Construction Loan Specialist
$108,873/yr
$85,409
$132,336
RANGE: $85,409 - $132,336
Rockland Trust
Commercial Loan Servicing Specialist
$65,003/yr
$54,846
$75,161
RANGE: $54,846 - $75,161
BlueHub Capital
Construction Loan and Closing Specialist
$118,375/yr
$92,238
$144,513
RANGE: $92,238 - $144,513

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What Does a Sba Loan Specialist Do?

While this interim final rule fully implements the Economic Aid Act's changes to loan forgiveness, SBA also intends to issue a consolidated rule governing all aspects of loan forgiveness and loan review as well to provide a single reference point for lenders and borrowers.
Updated November 03, 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 Lowell, MA?

The Sba Loan Specialist salary range is from $40,850 to $60,402, and the average Sba Loan Specialist salary is $46,638/year in Lowell, MA. 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.