Sba Loan Specialist Salaries in Massachusetts
How Much Does a Sba Loan Specialist Make in Massachusetts?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Sba Loan Specialist in Massachusetts is $46,510.
While Salary.com is seeing that Sba Loan Specialist salary in MA can go up to $72,732
or down to $35,483, but most earn between $40,738 and $60,235.
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 |
|---|---|---|
|
Northeast Bank
National SBA 7a Loan Closer
|
$74,559/yr
|
RANGE: $65,962 - $83,156
|
|
US Tech Solutions
SBA Loan Specialist
|
$112,292/yr
|
RANGE: $92,290 - $132,293
|
|
iBusiness Funding
SBA Loan Closing Specialist
|
$67,731/yr
|
RANGE: $57,716 - $77,746
|
|
US Tech Solutions
Commercial / SBA Loan Specialist
|
$112,292/yr
|
RANGE: $92,290 - $132,293
|
|
First Savings Bank
SBA Loan Operations Specialist
|
$67,006/yr
|
RANGE: $55,182 - $78,830
|
|
Fidelity Co-Operative Bank
Loan Specialist I
|
$61,552/yr
|
RANGE: $52,308 - $70,797
|
|
BlueHub Capital
Construction and Loan Closing Specialist
|
$118,375/yr
|
RANGE: $92,238 - $144,513
|
|
BlueHub Capital
Construction Loan and Closing Specialist
|
$118,375/yr
|
RANGE: $92,238 - $144,513
|
|
Main Street Bank
Loan Servicing Specialist II
|
$62,157/yr
|
RANGE: $52,774 - $71,540
|
|
Cambridge Financial
Residential Loan Servicing Specialist
|
$66,108/yr
|
RANGE: $56,129 - $76,088
|
Top 10 Highest Paying Cities For Sba Loan Specialist Jobs in Massachusetts
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 Massachusetts.
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 Massachusetts.
Boston takes first place in this list, followed by Cambridge, Waltham.
The Sba Loan Specialist salary is $47,920 in Boston,
which is higher than the national average. There are 36 cities' Sba Loan Specialist salary higher than national average in Massachusetts.
The average salary for a Sba Loan Specialist in Massachusetts is $46,510,
but we found that the city with the highest salary for Sba Loan Specialist jobs is Boston, MA, and it is higher than Cambridge.
Sba Loan Specialist jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Boston | $47,920 | $3,993 | $922 | $23 |
| Cambridge | $47,920 | $3,993 | $922 | $23 |
| Waltham | $47,920 | $3,993 | $922 | $23 |
| Newton | $47,920 | $3,993 | $922 | $23 |
| Arlington | $47,920 | $3,993 | $922 | $23 |
| Brookline | $47,920 | $3,993 | $922 | $23 |
| Lynn | $47,920 | $3,993 | $922 | $23 |
| Malden | $47,920 | $3,993 | $922 | $23 |
| Medford | $47,920 | $3,993 | $922 | $23 |
| Quincy | $47,920 | $3,993 | $922 | $23 |
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
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Explore JobArchitectFrequently Asked Questions About a Sba Loan Specialist Salaries
What is the average of a Sba Loan Specialist in Massachusetts?
The Sba Loan Specialist salary range is from $40,738 to $60,235, and the average Sba Loan Specialist salary is $46,510/year in Massachusetts.
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.
