{"ok":true,"canonical_url":"https://dealroom.so/glossary/closing-fee","api_url":"https://dealroom.so/api/public/glossary/closing-fee","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"closing-fee","term":"Closing fee","group":"Doing the deal","definition":"This is a collective term for various charges and expenses incurred at the final stage of a loan transaction. As a buyer, you need to account for these fees as part of your total project costs.","what_it_means":"Closing fees can include a range of costs like packaging fees, legal fees, appraisal fees, and environmental reports. Your lender will provide a detailed breakdown early in the process. These fees are typically paid at closing and are often rolled into the SBA loan, but some may require an upfront payment or come from your equity injection.","url":"https://dealroom.so/glossary/closing-fee","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"}],"related":[{"slug":"lender-closing-costs","term":"Lender closing costs","url":"https://dealroom.so/glossary/lender-closing-costs"},{"slug":"packaging-fee","term":"Packaging fee","url":"https://dealroom.so/glossary/packaging-fee"},{"slug":"legal-fee","term":"Legal fee","url":"https://dealroom.so/glossary/legal-fee"}],"related_questions":[{"question":"How does the lender remit the upfront SBA guaranty fee to the SBA after loan closing?","url":"https://dealroom.so/for-lenders/questions/how-does-the-lender-remit-the-upfront-sba-guaranty-fee-to-the-sba-after-loan-closing"},{"question":"When is the upfront SBA guaranty fee typically due during the loan application or closing process?","url":"https://dealroom.so/sba-7a/questions/when-is-the-upfront-sba-guaranty-fee-typically-due-during-the-loan-application-or-closing-"},{"question":"Are there any other lender-specific fees beyond the SBA guaranty fee and ongoing servicing fee?","url":"https://dealroom.so/sba-7a/questions/are-there-any-other-lender-specific-fees-beyond-the-sba-guaranty-fee-and-ongoing-servicing"},{"question":"What is the process for a lender to remit the SBA upfront guaranty fee after loan closing?","url":"https://dealroom.so/for-lenders/questions/what-is-the-process-for-a-lender-to-remit-the-sba-upfront-guaranty-fee-after-loan-closing"},{"question":"Can I use pre-closing expenses, like a business broker's fee, as part of my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-i-use-pre-closing-expenses-like-a-business-broker-s-fee-as-part-of-my-equity-injection"},{"question":"Can the lender charge application fees or underwriting fees in addition to the SBA guaranty fee?","url":"https://dealroom.so/sba-7a/questions/can-the-lender-charge-application-fees-or-underwriting-fees-in-addition-to-the-sba-guarant"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Closing fee","url":"https://dealroom.so/glossary/closing-fee","source_type":"DealRoom Data"}}