Sba Loan Specialist Salaries in Rockford, IL
How Much Does a Sba Loan Specialist Make in Rockford, IL?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Sba Loan Specialist in Rockford, IL is $41,765.
While Salary.com is seeing that Sba Loan Specialist salary in Rockford, IL can go up to $65,312
or down to $31,863, but most earn between $36,582 and $54,090.
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 |
|---|---|---|
|
First Savings Bank
SBA Loan Operations Specialist
|
$55,589/yr
|
RANGE: $50,637 - $60,542
|
|
Mountain Pacific Bank
Assistant SBA Loan Documentation Specialist
|
$52,771/yr
|
RANGE: $47,659 - $57,883
|
|
Truliant Federal Credit Union
SBA Senior Loan Closing Specialist
|
$74,143/yr
|
RANGE: $67,251 - $81,034
|
|
CrossFirst Bank
Senior SBA Loan Closing Specialist
|
$54,343/yr
|
RANGE: $48,854 - $59,833
|
|
CIBC US
Sr. Specialist, Loan Coordinator
|
$59,583/yr
|
RANGE: $53,258 - $65,909
|
|
ComTec Consultants Inc
Loan Specialist - Agricultural
|
$69,067/yr
|
RANGE: $61,372 - $76,762
|
|
Swoon
Swoon | Loan Operations Specialist
|
$60,194/yr
|
RANGE: $54,264 - $66,125
|
|
Cornerstone National Bank & Trust Company
Loan Operations Specialist
|
$55,374/yr
|
RANGE: $50,342 - $60,406
|
|
OneMain Financial
Loan Sales Specialist
|
$47,750/yr
|
RANGE: $42,796 - $52,704
|
|
Busey
Commercial Loan Documentation Specialist
|
$61,268/yr
|
RANGE: $55,074 - $67,462
|
What Does a Sba Loan Specialist Do?
The SBA Loan Specialist knows the process, procedures and will often work with a variety of SBA lenders to find just the right match for a particular borrower’s needs.
Updated October 27, 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 Rockford, IL?
The Sba Loan Specialist salary range is from $36,582 to $54,090, and the average Sba Loan Specialist salary is $41,765/year in Rockford, IL.
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.
