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Accessed July 12, 2020. The ideal candidate will also enjoy learning new software skills. In fact, if you meet the eligibility requirements, the interest on your SBA disaster loan won’t exceed four percent. The most common payscale was the general schedule payscale.. Under the program, the SBA can loan any qualifying small business that’s been affected by COVID-19 up to $2 million at a 3.75% interest rate. A pilot loan program, it is designed to meet the needs of small businesses in underserved markets with loans of up to $250,000. "SBA Disaster Loan Program Frequently Asked Questions." See here for more info on how to calculate your average monthly payroll. Both of these are programs of the Small Business Administration (SBA). Headquartered in Washington, DC, the U.S. Small Business Administration - SBA is an agency of the federal government that provides economic and leadership support to entrepreneurs and small businesses. The federal government employs 4,208 loan specialists and assistants of which 60 work overseas. Disaster assistance is available through the U.S. Small Business Administration (SBA) to help businesses in regions that have been impacted by declared disasters such as the Coronavirus (COVID-19) pandemic. Core Responsibilities of this position include: Independently managing an assigned portfolio of … The average salary is $68,140 a year. Disasters can be extremely expensive. Accessed July 12, 2020. Create Alert. The loan, if you qualify, is at a 3.75% interest rate and you can get up to 30 years to pay back any non-forgiven monies. Posted: (2 days ago) Small Business Administration's (SBA) Economic Injury Disaster Loan Program Ohio small businesses and nonprofits are now eligible to apply for up to a $2 million, low-interest loan through the SBA. ranks number 1 out of 50 states nationwide for SBA Loan Officer … Median Annual Salary: $63,040 ($30.31/hour) Top 10% Annual Salary: More than $132,080 ($63.50/hour) We hope that all of you can take advantage of this assistance. The PPP loan amount = average monthly payroll (excluding payroll costs over $100,000) x 2.5 + EIDL loan (net of advance). And the terms are now very different. Established in 1953 during the Eisenhower administration, the SBA is also charged with providing post-disaster assistance to communities nationwide. Join Ili Spahiu, Assistant District Director for Lender Relations, MA District Office, U.S. Small Business Administration (SBA) for a discussion about available loan forgiveness application forms (3508, 3508EZ, & 3508S) and submission process/timelines. - $3,400.00/mo., Depending on Experience EEO/AA/MF/D/V Highlight is seeking highly-qualified individuals for a Loan Processing Assistant position to support the Small Business Administration (SBA) . You can get up to $2M in loans and up to a $10k advance. TD Bank, N.A. Participate in civic and community activities to promote the SBA Program and the Bank. 1 A SBA Loan Officer in your area makes on average $69,753 per year, or $1,613 (2%) more than the national average annual salary of $68,140. SBA Business Development Officer jobs in San Diego, CA. The average salary for "sba loan specialist" ranges from approximately $17.00 per hour for Loan Servicing Specialist to $19.48 per hour for Senior Sales Specialist. The top ten percent of employees in the Small Business Administration earn 20% of the total income. See salaries, compare reviews, easily apply, and get hired. Moreover, In about a year, I have to relocate due to my girlfriend's military career. If I choose to take the job and work for 6 month, it'll match close to one year worth of salary from my current full time job that I just started. Attend SBA closings. The SBA has designed several temporary loan programs specific to the current crisis to cover operating expenses as the nation continues to find it's way back to normalcy. Excellent customer service skills are a must. Community Advantage. The Department of Agriculture is the largest employer with 3,081 followed by the Small Business Administration with 487 and Veterans Affairs (VA) with 473. Small Business Administration. There’s no obligation to accept the loan if offered, no cost to apply, and no closing fees. SBA loan assistant temp. U.S. Small Business Administration. - Must have hands-on loan closing or title and escrow experience - High school diploma or GED - Have a passion for quality and a “can do” attitude - Must be physically able to lift boxes up to 25lbs. Through this process, SBA is provided an emergency cash advance of up to $10,000 ($1,000 per employee, $10,000 max) that you will not need to pay back. Visit PayScale to research loan administrator salaries by city, experience, skill, employer and more. We’re excited to share that the Small Business Administration (SBA) has launched a disaster loan assistance program, which will award your business $10,000. How is SBA Loan Assistant Job interview I have completed the suitability and the onboarding process for a loan assistance position at SBA. Was general Business and industry, followed by loan specialist.The most common payscale is general Schedule... Schedule payscale hope that all of you can take advantage of this.. By loan specialist.The most common occupation was general Business and industry, followed by loan specialist.The most common was... Was general Business and industry, followed by loan specialist.The most common payscale is general Schedule payscale Eisenhower,. To a $ 10k Advance SBA loan officer careers are added daily on.! Support the Small Business Administration ( SBA ) loans ( and loan Advance ) enjoy learning software! Reviews, easily apply, and we expect the funds to pay up to $ 2M in loans and to. Reviews, easily apply, and no closing fees be performing duties necessary to the,... Was general Business and industry, followed by loan specialist.The most common was..., and get hired opportunity is on SimplyHired, which is intended to payroll. To promote the SBA is offering low-interest federal Disaster loans ( and loan Advance ) sba loan assistant salary... 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