How much does a SBA Loan Officer make in West Virginia? The average SBA Loan Officer salary in West Virginia is $92,880 as of March 26, 2024, but the range typically falls between $82,988 and $107,249. 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 | $73,982 | WV | March 26, 2024 |
25th Percentile SBA Loan Officer Salary | $82,988 | WV | March 26, 2024 |
50th Percentile SBA Loan Officer Salary | $92,880 | WV | March 26, 2024 |
75th Percentile SBA Loan Officer Salary | $107,249 | WV | March 26, 2024 |
90th Percentile SBA Loan Officer Salary | $120,331 | WV | March 26, 2024 |
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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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Location | Avg. Salary | Date Updated |
---|---|---|
Location Weirton, WV | Avg. Salary $100,517 | Date Updated March 26, 2024 |
Location Wheeling, WV | Avg. Salary $101,033 | Date Updated March 26, 2024 |
Location Accoville, WV | Avg. Salary $92,054 | Date Updated March 26, 2024 |
Location Adrian, WV | Avg. Salary $90,816 | Date Updated March 26, 2024 |
Location Advent, WV | Avg. Salary $92,364 | Date Updated March 26, 2024 |
Location Albright, WV | Avg. Salary $96,698 | Date Updated March 26, 2024 |
Location Alderson, WV | Avg. Salary $94,738 | Date Updated March 26, 2024 |
Location Alkol, WV | Avg. Salary $91,642 | Date Updated March 26, 2024 |
Location Allen Junction, WV | Avg. Salary $92,054 | Date Updated March 26, 2024 |
Location Alloy, WV | Avg. Salary $92,054 | Date Updated March 26, 2024 |
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Agricultural Loan Officer | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Officer I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Officer II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Officer III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Commercial Loan Officer IV | Experience 7 + | EducationBachelors | Salary Compared to This Job |
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 West Virginia West Virginia (/vərˈdʒɪniə/ (listen)) is a state located in the Appalachian region in the Southern United States and is also considered to be a part o....More
Skills associated with SBA Loan Officer: Cross-Selling, Prospecting, Banking Software, Specialty Lending ...More
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