{"ok":true,"canonical_url":"https://dealroom.so/sba-loans/basics/are-there-any-annual-or-ongoing-fees-for-an-sba-7-a-loan","api_url":"https://dealroom.so/api/public/questions/are-there-any-annual-or-ongoing-fees-for-an-sba-7-a-loan","question":"Are there any annual or ongoing fees for an SBA 7(a) loan?","topic":"Loan rates & fees","audience":"new","bot_mode":"buyer","short_answer":"Yes, in addition to interest, there is typically an annual ongoing service fee that the lender pays to the SBA and passes on to the borrower.","rule":"This annual service fee is calculated as a percentage of the outstanding principal balance of the guaranteed portion of the loan. It's paid by the lender to the SBA, usually quarterly, and is commonly built into the borrower's monthly payment.","example":"For a loan with an outstanding guaranteed balance of $750,000, if the annual service fee is 0.55%, the borrower would effectively pay an additional $4,125 per year (or about $343.75 per month) on top of interest and principal.","what_lenders_check":"Lenders must accurately calculate and remit this ongoing service fee to the SBA. They ensure transparency with the borrower regarding this fee, often integrating it into the overall loan repayment schedule.","required_facts":["Annual service fee","Ongoing cost","Guaranteed portion","Outstanding balance","Paid quarterly"],"source_families":["7(a) Fees Effective During Fiscal Year 2026","SOP 50 10 - Lender and Development Company Loan Programs","13 CFR Part 120 - Business Loans"],"official_sources":[{"title":"7(a) Fees Effective During Fiscal Year 2026","url":"https://www.sba.gov/sites/default/files/2025-08/Info%20Notice%20-%207%28a%29%20Fees%20FY%202026%20%28FINAL%208-28-25%29.pdf"},{"title":"SOP 50 10 - Lender and Development Company Loan Programs","url":"https://www.sba.gov/sites/default/files/2025-05/SOP%2050%2010%208%20Technical%20Updates%20effective%206.1.2025.docx"},{"title":"13 CFR Part 120 - Business Loans","url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120"}],"related_questions":[{"question":"What is the 'Prime Rate' when talking about SBA 7(a) loan rates?","url":"https://dealroom.so/sba-loans/basics/what-is-the-prime-rate-when-talking-about-sba-7-a-loan-rates"},{"question":"What is the purpose of the SBA guaranty fee on my loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-purpose-of-the-sba-guaranty-fee-on-my-loan"},{"question":"What is the typical range for the variable interest rate on an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-typical-range-for-the-variable-interest-rate-on-an-sba-7-a-loan"}],"related_terms":[{"term":"SBA 7(a) loan","url":"https://dealroom.so/glossary/sba-7-a-loan"},{"term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"term":"SBA 7(a) Loan Program","url":"https://dealroom.so/glossary/sba-7-a-loan-program"},{"term":"SBA 7(a) loan guaranty","url":"https://dealroom.so/glossary/sba-7-a-loan-guaranty"},{"term":"SBA 7(a) program","url":"https://dealroom.so/glossary/sba-7-a-program"},{"term":"Standard 7(a) loan","url":"https://dealroom.so/glossary/standard-7-a-loan"}],"related_tools":[{"name":"SBA 7(a) payment & fee calculator","url":"https://dealroom.so/sba-7a/calculator"},{"name":"Find an active SBA 7(a) lender","url":"https://dealroom.so/lenders"}],"data_freshness":{"last_reviewed":"2026-06-14","sba_rule_sources_checked_through":"2026-06-14"},"citation":{"label":"DealRoom.so SBA 7(a) Q&A","url":"https://dealroom.so/sba-loans/basics/are-there-any-annual-or-ongoing-fees-for-an-sba-7-a-loan","source_type":"DealRoom Q&A"},"caveats":["Grounded in the current SBA rulebook; verify against official sources before relying on it for a live deal.","Not legal, tax, or financial advice and not an approval decision."]}