SBA Loan Officer Salary in North Dakota
SBA Loan Officer Salary in North Dakota
How much does a SBA Loan Officer make in North Dakota? The average SBA Loan Officer salary in North Dakota is $102,405 as of April 24, 2024, but the range typically falls between $91,497 and $118,241. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile SBA Loan Officer Salary | $81,566 | ND | April 24, 2024 |
| 25th Percentile SBA Loan Officer Salary | $91,497 | ND | April 24, 2024 |
| 50th Percentile SBA Loan Officer Salary | $102,405 | ND | April 24, 2024 |
| 75th Percentile SBA Loan Officer Salary | $118,241 | ND | April 24, 2024 |
| 90th Percentile SBA Loan Officer Salary | $132,658 | ND | April 24, 2024 |
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What skills does a SBA Loan Officer need?
Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Communicates Effectively: Effective communication is the process of exchanging ideas, thoughts, opinions, knowledge, and data so that the message is received and understood with clarity and purpose.
Economics: Economics is a social science that focuses on the production, distribution, and consumption of goods and services, and analyzes the choices that individuals, businesses, governments, and nations make to allocate resources.
Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
Job Description for SBA Loan Officer
SBA Loan Officer develops and structures Small Business Administration (SBA) government-guaranteed loans and lines of credit to eligible business customers. Collects and reviews required customer financial information, structures the SBA loan proposals, completes initial underwriting, and prepares credit package that complies with all applicable regulations and SBA guidelines. Being a SBA Loan Officer builds working relationships and open communication with customers to clearly understand the customer's ongoing business needs. Develops relationships with a network of financial professionals and other referral sources to identify new prospects. Additionally, SBA Loan Officer maintains an up-to-date knowledge of SBA products, rules, and regulations. Requires a bachelor's degree in finance, business or equivalent. Typically reports to a manager. The SBA Loan Officer occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a SBA Loan Officer typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)... View full job description
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AgCountry Farm Credit Services - , NDClosing Date: 3/13/2022 6pm CT. Primary Duties and Responsibilities. Bring value to the customer. Manage the total AgCountry value proposition and business...- 5 Days Ago
Select a city to view specific salary and bonus information for SBA Loan Officer
| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Mandan, ND | Avg. Salary $102,819 | Date Updated April 24, 2024 |
| Location West Fargo, ND | Avg. Salary $99,302 | Date Updated April 24, 2024 |
| Location Abercrombie, ND | Avg. Salary $97,750 | Date Updated April 24, 2024 |
| Location Absaraka, ND | Avg. Salary $97,750 | Date Updated April 24, 2024 |
| Location Adams, ND | Avg. Salary $95,682 | Date Updated April 24, 2024 |
| Location Agate, ND | Avg. Salary $98,474 | Date Updated April 24, 2024 |
| Location Alamo, ND | Avg. Salary $101,267 | Date Updated April 24, 2024 |
| Location Alexander, ND | Avg. Salary $101,267 | Date Updated April 24, 2024 |
| Location Almont, ND | Avg. Salary $101,267 | Date Updated April 24, 2024 |
| Location Alsen, ND | Avg. Salary $95,682 | Date Updated April 24, 2024 |
What does a SBA Loan Officer do?
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About North Dakota
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Level of Education for SBA Loan Officer
Jobs with different levels of education may pay very differently. Check the SBA Loan Officer salary of your education level.
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About North Dakota North Dakota is a Midwestern state of the United States. It borders Canada and lies at the center of the North American continent. The geographic cent....More
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