{"ok":true,"canonical_url":"https://dealroom.so/glossary/loan-closing-costs","api_url":"https://dealroom.so/api/public/glossary/loan-closing-costs","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":"loan-closing-costs","term":"Loan closing costs","group":"The loan itself","definition":"These are the various fees and expenses you pay at the loan closing to finalize your SBA 7(a) loan. As a buyer, you care because these costs are part of your total project costs and affect your required equity injection.","what_it_means":"SBA loan closing costs typically include the SBA upfront guaranty fee, lender closing costs (packaging, legal, environmental, appraisal fees), and title/escrow fees. These costs are usually financed into the SBA loan but still count towards the total project cost, impacting the minimum cash injection you need to bring to the table. Make sure your pro forma includes all of these.","url":"https://dealroom.so/glossary/loan-closing-costs","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":"guaranty-fee","term":"Guaranty fee","url":"https://dealroom.so/glossary/guaranty-fee"},{"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":"Are closing costs, like attorney fees, eligible to be part of the project costs for an SBA loan?","url":"https://dealroom.so/sba-7a/questions/are-closing-costs-like-attorney-fees-eligible-to-be-part-of-the-project-costs-for-an-sba-l"},{"question":"Can an SBA 7(a) loan cover closing costs associated with a business acquisition?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-cover-closing-costs-associated-with-a-business-acquisition"},{"question":"Can an SBA 7(a) loan include funds for closing costs like attorney fees?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-include-funds-for-closing-costs-like-attorney-fees"},{"question":"Can an SBA 7(a) loan cover closing costs and professional fees for a business acquisition?","url":"https://dealroom.so/sba-loans/basics/can-an-sba-7-a-loan-cover-closing-costs-and-professional-fees-for-a-business-acquisition"},{"question":"Can the seller's payment of closing costs on my behalf count towards my equity injection?","url":"https://dealroom.so/sba-7a/questions/can-the-seller-s-payment-of-closing-costs-on-my-behalf-count-towards-my-equity-injection"},{"question":"What are the typical closing costs and fees a buyer should expect when getting an SBA 7(a) acquisition loan?","url":"https://dealroom.so/sba-7a/questions/what-are-the-typical-closing-costs-and-fees-a-buyer-should-expect-when-getting-an-sba-7-a-"}]},"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 — Loan closing costs","url":"https://dealroom.so/glossary/loan-closing-costs","source_type":"DealRoom Data"}}