{"ok":true,"canonical_url":"https://dealroom.so/sba-7a/questions/besides-the-interest-rate-what-upfront-fees-will-i-pay-for-a-1-million-sba-7-a-loan-at-clo","api_url":"https://dealroom.so/api/public/questions/besides-the-interest-rate-what-upfront-fees-will-i-pay-for-a-1-million-sba-7-a-loan-at-clo","question":"Besides the interest rate, what upfront fees will I pay for a $1 million SBA 7(a) loan at closing?","topic":"Rate & fees","audience":"borrower","bot_mode":"buyer","short_answer":"For a $1 million SBA 7(a) loan, you will typically pay an upfront SBA Guaranty Fee, a packaging fee (if applicable), and standard closing costs.","rule":"The primary upfront fee for an SBA 7(a) loan is the SBA Guaranty Fee, calculated as a percentage of the guaranteed portion of the loan. For FY 2026, this fee is typically 3.0% for the guaranteed portion between $700,001 and $1,000,000, plus 3.5% for the guaranteed portion over $1,000,000 up to $5,000,000. Lenders may also charge reasonable packaging fees, and standard closing costs (legal, appraisal, environmental, etc.) apply.","example":"For a $1,000,000 SBA 7(a) loan (75% guaranteed), the guaranteed portion is $750,000. The SBA Guaranty Fee would be 3.0% of the guaranteed amount above $700,000, which is $1,500 (3% of $50,000), plus 2.75% of the first $700,000 guaranteed portion, for a total of $19,250 for the first $700,000, so $20,750 total fee for the $750k guaranteed portion. This is typically financed into the loan.","what_lenders_check":"Lenders ensure all fees are permissible by SBA rules and transparently disclosed to the borrower. They will calculate the exact SBA Guaranty Fee based on the loan amount and guaranteed percentage, and present all closing costs.","required_facts":["SBA Guaranty Fee","Upfront fees","Closing costs","Packaging fee","FY 2026 fees"],"source_families":["SBA 7(a) Loan Guaranty Fee Calculator","7(a) Fees Effective During Fiscal Year 2026","SOP 50 10 - Lender and Development Company Loan Programs"],"official_sources":[{"title":"SBA 7(a) Loan Guaranty Fee Calculator","url":"https://www.sba.gov/document/support-sba-7a-loan-guaranty-fee-calculator"},{"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"}],"related_questions":[{"question":"How are the ongoing servicing fees for an SBA 7(a) loan calculated and paid?","url":"https://dealroom.so/sba-7a/questions/how-are-the-ongoing-servicing-fees-for-an-sba-7-a-loan-calculated-and-paid"},{"question":"What are the typical interest rates for an SBA 7(a) loan, and are they fixed or variable?","url":"https://dealroom.so/sba-7a/questions/what-are-the-typical-interest-rates-for-an-sba-7-a-loan-and-are-they-fixed-or-variable"},{"question":"What is the \"SBA guaranty fee\" I pay on an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/what-is-the-sba-guaranty-fee-i-pay-on-an-sba-7-a-loan"},{"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":"Can the lender charge their own separate processing or origination fees for an SBA 7(a) loan?","url":"https://dealroom.so/sba-7a/questions/can-the-lender-charge-their-own-separate-processing-or-origination-fees-for-an-sba-7-a-loa"},{"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-"}],"related_terms":[{"term":"SBA 7(a) program","url":"https://dealroom.so/glossary/sba-7-a-program"},{"term":"SBA 7(a) loan","url":"https://dealroom.so/glossary/sba-7-a-loan"},{"term":"Variable-rate 7(a) loan","url":"https://dealroom.so/glossary/variable-rate-7-a-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":"7(a) loan","url":"https://dealroom.so/glossary/7a-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-7a/questions/besides-the-interest-rate-what-upfront-fees-will-i-pay-for-a-1-million-sba-7-a-loan-at-clo","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."]}