How Much Does a Small Business Loan Officer Make in Nashua, NH?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Small Business Loan Officer in Nashua, NH is $72,479. While Salary.com is seeing that Small Business Loan Officer salary in Nashua, NH can go up to $94,591 or down to $51,767, but most earn between $61,638 and $84,054. 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.
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Similar Job Salaries to Small Business Loan Officer by Company

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Company average base salary in (usd) range
Bangor Savings Bank
Bangor Payroll Small Business Development Officer
$90,570/yr
$78,575
$102,566
RANGE: $78,575 - $102,566
Service Credit Union
Small Business Lender
$188,835/yr
$155,316
$222,354
RANGE: $155,316 - $222,354
US Mortgage Corporation
Mortgage Loan Originator (Loan Officer)
$101,584/yr
$80,975
$122,194
RANGE: $80,975 - $122,194
Nextgen Mortgage Inc.
Mortgage Loan Officer
$100,797/yr
$80,347
$121,246
RANGE: $80,347 - $121,246
VirtualVocations
Small Business Loan Administrator
$72,280/yr
$58,988
$85,572
RANGE: $58,988 - $85,572

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What Does a Small Business Loan Officer Do?

The loan officer is responsible for the initial screening process and is unlikely to proceed with an application from someone who does not meet the lender's qualifications.
Updated December 15, 2021
For example, if a bank loan requires three years of business tax returns and you've only been in business for six months, you'll need to look elsewhere.
Updated December 13, 2021
Getting your credit scores in tip-top shape before you apply for a business loan will help to boost your chances of success.
Updated December 12, 2021
The loan officer is responsible for collecting the appropriate closing documents for a mortgage or other loan.
Updated December 12, 2021
The Small Business Loan Officer will be responsible for the deposit and loan growth of the small business portfolio.
Updated December 11, 2021

Frequently Asked Questions About a Small Business Loan Officer Salaries

What is the average of a Small Business Loan Officer in Nashua, NH?

The Small Business Loan Officer salary range is from $61,638 to $84,054, and the average Small Business Loan Officer salary is $72,479/year in Nashua, NH. The Small Business Loan Officer's salary will change in different locations.

Which location pays the highest Small Business Loan Officer salary in the United States?

The Small Business Loan Officer salary in San Jose, CA is $83,913 which is the highest in the US.

What kinds of reasons will influence the Small Business Loan Officer'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 Small Business Loan Officer.

What is the growth rate of the Small Business Loan Officer's salary?

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