{"ok":true,"canonical_url":"https://dealroom.so/sba-loans/basics/are-there-any-ongoing-annual-fees-for-an-sba-7-a-loan-besides-interest","api_url":"https://dealroom.so/api/public/questions/are-there-any-ongoing-annual-fees-for-an-sba-7-a-loan-besides-interest","question":"Are there any ongoing annual fees for an SBA 7(a) loan, besides interest?","topic":"Fees & costs","audience":"new","bot_mode":"buyer","short_answer":"Yes, in addition to the upfront guaranty fee, borrowers also typically pay an ongoing annual service fee, often called the 'SBA annual service fee,' which is collected by the lender.","rule":"The annual service fee is calculated as a small percentage of the outstanding guaranteed principal balance. This fee helps the SBA cover the administrative costs of maintaining the loan guarantee and oversight of the program. Lenders pass this fee on to the borrower.","example":"A business with an outstanding SBA guaranteed loan balance of $400,000 might pay an annual service fee of 0.55% (a common rate), amounting to $2,200 for that year, in addition to their regular principal and interest payments.","what_lenders_check":"Lenders must accurately calculate and collect this annual fee from the borrower and remit it to the SBA. Proper reporting is crucial for compliance.","required_facts":["Annual service fee","Ongoing","Guaranteed principal balance","Small percentage","Administrative costs","Lender collects"],"source_families":["SOP 50 10 - Lender and Development Company Loan Programs","7(a) Fees Effective During Fiscal Year 2026","13 CFR Part 120 - Business Loans"],"official_sources":[{"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":"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":"13 CFR Part 120 - Business Loans","url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120"}],"related_questions":[{"question":"Is there an upfront fee I have to pay when getting an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/is-there-an-upfront-fee-i-have-to-pay-when-getting-an-sba-7-a-loan"},{"question":"Are there any ongoing fees I have to pay during the life of an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/are-there-any-ongoing-fees-i-have-to-pay-during-the-life-of-an-sba-7-a-loan"},{"question":"What are the common fees associated with an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-are-the-common-fees-associated-with-an-sba-7-a-loan"},{"question":"Beyond the interest, are there any annual fees charged on an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/beyond-the-interest-are-there-any-annual-fees-charged-on-an-sba-7-a-loan"},{"question":"What additional costs or fees, other than interest, are typically involved with an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-additional-costs-or-fees-other-than-interest-are-typically-involved-with-an-sba-7-a-l"},{"question":"What is the purpose of the initial upfront fee charged on an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-purpose-of-the-initial-upfront-fee-charged-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":"2026-06-13","sba_rule_sources_checked_through":"2026-06-13"},"citation":{"label":"DealRoom.so SBA 7(a) Q&A","url":"https://dealroom.so/sba-loans/basics/are-there-any-ongoing-annual-fees-for-an-sba-7-a-loan-besides-interest","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."]}