As of April 01, 2025, the average annual salary for a Small Business Administration Loan Officer II in the United States is $100,710. Salary.com reports that pay typically ranges from $88,770 to $106,300, with most professionals earning between $77,899 and $111,389.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $106,300 | $8,858 | $2,044 | $51 |
| Average | $100,710 | $8,393 | $1,937 | $48 |
| 25th Percentile | $88,770 | $7,398 | $1,707 | $43 |
An entry-level Small Business Administration Loan Officer II with less than 1 year of experience earns about $96,789. With 1-2 years of experience, the average salary increases to $97,146. For 2-4 years of experience, the pay typically rises to $99,463. Senior-level professionals with 5-8 years of experience earn around $102,796, and those with over 8 years of experience can expect an average of $103,630.
| Levels | Salary |
|---|---|
| Entry Level Small Business Administration Loan Officer II | $96,789 |
| Intermediate Level Small Business Administration Loan Officer II | $97,146 |
| Senior Level Small Business Administration Loan Officer II | $99,463 |
| Specialist Level Small Business Administration Loan Officer II | $102,796 |
| Expert Level Small Business Administration Loan Officer II | $103,630 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 1% |
| Top Level | 2% |
| Experienced | 3% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of April 01, 2025, our research reveals a significant shift in Small Business Administration Loan Officer II compensation over the past six years. For example, the median salary increased from $79,763 in 2023 to approximately $79,748 in 2024. (For a detailed analysis of Small Business Administration Loan Officer II salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Small Business Administration Loan Officer II information for you to search for. Click on search button below to see Small Business Administration Loan Officer II job openings or enter a new job title here.
Here are companies hiring for Small Business Administration Loan Officer II and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $100,710 | 73.0% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $7,704 | 5.6% | ||
| 401K/403B | $4,733 | 3.4% | ||
| Disability | $806 | 0.6% | ||
| Healthcare | $6,056 | 4.4% | ||
| Pension | $5,539 | 4.0% | ||
| Time Off | $12,395 | 9.0% | ||
| Total Compensation | $137,943 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| High School | 14.3% |
| Associates | 14.3% |
| Bachelors | 28.6% |
| Masters | 28.6% |
| Doctorate | 14.3% |
What Am I Worth?
The highest paying job in business administration is typically the Chief Executive Officer (CEO). However, roles such as Chief Sales Officer and Vice Presidents in various functions also command high salaries. For instance, a Small Business Administration Loan Officer can earn between $94,110 and $121,620, with a median salary of $105,330.
Businesses across various sectors require skilled leaders with management and technological expertise, making business administration graduates highly marketable. The demand for professionals in this field is reflected in the salary range for Small Business Administration Loan Officers, with salaries starting at $94,110, reaching a midpoint of $105,330, and a maximum of $121,620.
The commission for an SBA loan can vary based on the loan amount and the lender's policies. Typically, loan officers earn a salary ranging from $94,110 to $121,620, with a midpoint of $105,330. Commissions may be a percentage of the loan amount, often adding to the overall compensation for loan officers in this field.
Business administration jobs, specifically for Small Business Administration Loan Officers, offer competitive salaries. The minimum salary is approximately $94,110, the mid-range salary is around $105,330, and the maximum salary can reach up to $121,620 per year.
Many national, regional, and local banks are SBA 7(a) lenders, including big-name institutions like Bank of America, Chase, and Wells Fargo. When considering a loan officer, keep in mind that their salary typically ranges from $94,110 to $121,620, with a median salary of $105,330. Look for a lender that offers competitive interest rates and loan terms for small businesses in your area.
The salary for a Small Business Administration Loan Officer typically ranges from $94,110 to $121,620, with a midpoint of $105,330. While Bank of America's average base salary for Commercial Lending Officers is around $107K, additional compensation can add approximately $24K, which may include bonuses or commissions.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
