{"ok":true,"canonical_url":"https://dealroom.so/sba-loans/basics/is-there-an-annual-fee-i-pay-on-an-sba-7-a-loan-besides-the-interest","api_url":"https://dealroom.so/api/public/questions/is-there-an-annual-fee-i-pay-on-an-sba-7-a-loan-besides-the-interest","question":"Is there an annual fee I pay on an SBA 7(a) loan besides the interest?","topic":"Loan Fees","audience":"new","bot_mode":"buyer","short_answer":"Yes, there is an annual service fee (also called the ongoing guaranty fee) that borrowers typically pay. It's calculated on the outstanding guaranteed balance of the loan.","rule":"In addition to the upfront guaranty fee, the SBA charges an annual service fee to the lender, which is typically passed on to the borrower. This fee is calculated as a percentage of the outstanding guaranteed principal balance of the loan and is paid annually. The specific percentage is determined by the SBA for each fiscal year (e.g., FY2026).","example":"For a $500,000 SBA 7(a) loan with an 85% guaranty, the guaranteed portion is $425,000. If the annual service fee is 0.55%, the borrower would pay approximately $2,337.50 per year on the guaranteed portion.","what_lenders_check":"Lenders must correctly calculate and collect both the upfront guaranty fee and the annual service fee according to SBA guidelines. Failure to do so can result in financial penalties or issues with the SBA guaranty.","required_facts":["Annual service fee","Ongoing guaranty fee","Based on guaranteed balance","Set by SBA annually"],"source_families":["SOP 50 10 - Lender and Development Company Loan Programs","7(a) Fees Effective During Fiscal Year 2026","7(a) Loan Program Terms, Conditions, and Eligibility"],"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":"7(a) Loan Program Terms, Conditions, and Eligibility","url":"https://www.sba.gov/partners/lenders/7a-loan-program/terms-conditions-eligibility"}],"related_questions":[{"question":"Are there any annual service fees I must pay on an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/are-there-any-annual-service-fees-i-must-pay-on-an-sba-7-a-loan"},{"question":"What are the main fees associated with an SBA 7(a) loan, besides interest?","url":"https://dealroom.so/sba-loans/basics/what-are-the-main-fees-associated-with-an-sba-7-a-loan-besides-interest"},{"question":"Does the SBA charge any fees to me directly for applying?","url":"https://dealroom.so/sba-loans/basics/does-the-sba-charge-any-fees-to-me-directly-for-applying"},{"question":"Besides upfront fees, are there ongoing annual fees for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/besides-upfront-fees-are-there-ongoing-annual-fees-for-an-sba-7-a-loan"},{"question":"Are there any upfront fees a borrower typically pays for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/are-there-any-upfront-fees-a-borrower-typically-pays-for-an-sba-7-a-loan"},{"question":"What fees do borrowers pay directly to the SBA for a 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-fees-do-borrowers-pay-directly-to-the-sba-for-a-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/is-there-an-annual-fee-i-pay-on-an-sba-7-a-loan-besides-the-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."]}