Small Business Administration Loan Officer Salary in Summerville, SC

Identifies and develops relationships with small business prospects, such as builders, doctors, lawyers, accountants, dentists, key business owners, and real estate vendors; finds opportunities to convert them into qualified referrals; and maintains business relationships with them. Interviews applicants, acquires specific information for loan applications, and studies, evaluates, and authorizes or recommends approval of customer applications for secured or unsecured small business loans and lines of credit. Analyzes applicants' financial status, credit, and property evaluation to determine feasibility of granting a loan; or may submit application to credit analyst for verification and recommendation.

The average salary for a Small Business Administration Loan Officer is $82,353 per year or $39.59 per hour in Summerville, SC. Top earners have reported making up to $93,567. However, the typical pay range in Summerville, SC is between $57,808 and $93,567 annually.

Small Business Administration Loan Officer is projected to see a 13.6 % salary change in 5 years.

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