How much does a SBA Loan Officer make in Alaska? The average SBA Loan Officer salary in Alaska is $112,646 as of April 24, 2024, but the range typically falls between $100,647 and $130,065. 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.

SBA Loan Officer Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile SBA Loan Officer Salary $89,723 AK April 24, 2024
25th Percentile SBA Loan Officer Salary $100,647 AK April 24, 2024
50th Percentile SBA Loan Officer Salary $112,646 AK April 24, 2024
75th Percentile SBA Loan Officer Salary $130,065 AK April 24, 2024
90th Percentile SBA Loan Officer Salary $145,924 AK April 24, 2024
25% $100,647 10% $89,723 90% $145,924 75% $130,065 $112,646 50%(Median) Didn’t find job title? Click
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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.

1.

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.

2.

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.

3.

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

Communicates Effectively 5.88%
Economics 1.89%
Accounting 1.47%
Others 90.76%

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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Job Openings for SBA Loan Officer in Alaska
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  • iLending is hiring experienced sales professionals for Loan Consultant Positions. We are looking for full-time, career-oriented individuals who want to joi...
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Select a city to view specific salary and bonus information for SBA Loan Officer

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Location Avg. Salary Date Updated
Location Palmer, AK Avg. Salary $112,439 Date Updated April 24, 2024
Location Sitka, AK Avg. Salary $112,439 Date Updated April 24, 2024
Location Adak, AK Avg. Salary $112,439 Date Updated April 24, 2024
Location Akiachak, AK Avg. Salary $112,439 Date Updated April 24, 2024
Location Akiak, AK Avg. Salary $112,439 Date Updated April 24, 2024
Location Akutan, AK Avg. Salary $112,439 Date Updated April 24, 2024
Location Alakanuk, AK Avg. Salary $112,439 Date Updated April 24, 2024
Location Aleknagik, AK Avg. Salary $112,439 Date Updated April 24, 2024
Location Allakaket, AK Avg. Salary $113,266 Date Updated April 24, 2024
Location Ambler, AK Avg. Salary $113,266 Date Updated April 24, 2024
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SBA Loan Officer Salary in Alaska
SBA Loan Officer Salary Graph, Regional Distribution and Summary