{"ok":true,"canonical_url":"https://dealroom.so/sba-loans/basics/do-i-pay-any-annual-fees-on-an-sba-7-a-loan-after-it-s-funded","api_url":"https://dealroom.so/api/public/questions/do-i-pay-any-annual-fees-on-an-sba-7-a-loan-after-it-s-funded","question":"Do I pay any annual fees on an SBA 7(a) loan after it's funded?","topic":"Rates & Fees","audience":"new","bot_mode":"buyer","short_answer":"Yes, an ongoing annual service fee (also called a \"guaranty maintenance fee\") is typically charged to the borrower for the life of the loan, calculated on the outstanding guaranteed balance.","rule":"In addition to the upfront guaranty fee, the SBA also charges an ongoing annual service fee. This fee is a small percentage (e.g., 0.55% as of FY2026) of the outstanding guaranteed balance of the loan. It is usually collected by the lender and remitted to the SBA, and it helps cover the costs of the program.","example":"For a $1,000,000 loan with an outstanding guaranteed balance of $750,000, the annual service fee at 0.55% would be $4,125 for that year. This amount decreases as the principal balance is paid down.","what_lenders_check":"Lenders are responsible for correctly calculating and collecting the annual service fee from the borrower, usually monthly or quarterly, and remitting it to the SBA. Accuracy in calculation and timely remittance are important to maintain compliance.","required_facts":["Annual service fee","Ongoing fee","Guaranteed balance","Life of loan"],"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":"Do I need to pay any upfront fees when I get an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/do-i-need-to-pay-any-upfront-fees-when-i-get-an-sba-7-a-loan"},{"question":"Does an SBA 7(a) loan have a prepayment penalty if I pay it back early?","url":"https://dealroom.so/sba-loans/basics/does-an-sba-7-a-loan-have-a-prepayment-penalty-if-i-pay-it-back-early"},{"question":"What factors determine the interest rate I'll pay on my SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-factors-determine-the-interest-rate-i-ll-pay-on-my-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/do-i-pay-any-annual-fees-on-an-sba-7-a-loan-after-it-s-funded","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."]}