{"ok":true,"canonical_url":"https://dealroom.so/sba-7a/questions/beyond-interest-what-other-fees-are-involved-with-an-sba-7-a-loan-at-closing","api_url":"https://dealroom.so/api/public/questions/beyond-interest-what-other-fees-are-involved-with-an-sba-7-a-loan-at-closing","question":"Beyond interest, what other fees are involved with an SBA 7(a) loan at closing?","topic":"Rate & Fees","audience":"borrower","bot_mode":"buyer","short_answer":"At closing, you'll typically pay an upfront SBA guaranty fee, plus lender packaging fees, legal fees, and third-party costs like appraisals and environmental reports.","rule":"The upfront guaranty fee is charged by the SBA to the lender, who passes it on to the borrower. Its percentage varies based on the loan amount and portion guaranteed. Lenders may also charge reasonable packaging fees, and borrowers are responsible for attorney fees, appraisal costs, business valuation fees, and other due diligence expenses.","example":"For a $1,000,000 SBA 7(a) loan, the upfront guaranty fee could be approximately 3.5% of the guaranteed portion (e.g., $31,500 for a 75% guaranteed loan). Additionally, you might pay $10,000-$20,000 in legal, appraisal, and packaging fees.","what_lenders_check":"Lenders must ensure that all fees charged are reasonable and comply with SBA regulations. They disclose all fees transparently to the borrower and verify that the borrower understands the total cost of the loan.","required_facts":["SBA upfront guaranty fee","Lender packaging fees","Legal fees","Third-party report costs"],"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":"How often can the interest rate on a variable-rate SBA 7(a) loan adjust?","url":"https://dealroom.so/sba-7a/questions/how-often-can-the-interest-rate-on-a-variable-rate-sba-7-a-loan-adjust"},{"question":"How are the maximum interest rates for SBA 7(a) loans determined by the SBA?","url":"https://dealroom.so/sba-7a/questions/how-are-the-maximum-interest-rates-for-sba-7-a-loans-determined-by-the-sba"}],"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":"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":"SBA 7(a) program","url":"https://dealroom.so/glossary/sba-7-a-program"}],"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/beyond-interest-what-other-fees-are-involved-with-an-sba-7-a-loan-at-closing","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."]}