{"ok":true,"canonical_url":"https://dealroom.so/for-lenders/questions/when-is-the-annual-service-fee-waived-for-a-7-a-loan","api_url":"https://dealroom.so/api/public/questions/when-is-the-annual-service-fee-waived-for-a-7-a-loan","question":"When is the annual service fee waived for a 7(a) loan?","topic":"Guaranty fees","audience":"lender","bot_mode":"lender","short_answer":"The annual service fee for 7(a) loans is generally not waived, but certain microloans, export loans, or specific disaster relief loans may have reduced or waived fees.","rule":"For standard 7(a) loans, the annual service fee (also known as the ongoing guaranty fee) is a mandatory recurring fee that lenders collect from borrowers and remit to the SBA. This fee helps offset the cost of the program. Fee waivers are rare and typically apply only to very specific types of SBA programs or loans, such as some microloan programs or during specific disaster declarations, as announced by the SBA.","example":"A borrower receives a $250,000 standard 7(a) loan. The lender would inform them that the annual service fee will be collected annually, typically paid monthly or quarterly, in addition to the interest. This fee is a fixed percentage of the guaranteed portion of the outstanding balance, and there is no standard waiver for typical 7(a) loans.","what_lenders_check":"Lenders must accurately charge, collect, and remit the annual service fee to the SBA. Failure to do so can result in the lender being responsible for the uncollected fees. Misrepresenting the fee structure to a borrower could also lead to compliance issues.","required_facts":["Annual service fee","Fee waivers","Mandatory fee","Specific programs","SBA funding"],"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 is the upfront guaranty fee calculated for a 7(a) loan of $500,000 for FY2026?","url":"https://dealroom.so/for-lenders/questions/how-is-the-upfront-guaranty-fee-calculated-for-a-7-a-loan-of-500-000-for-fy2026"},{"question":"What is the process for a lender to remit the SBA upfront guaranty fee after loan closing?","url":"https://dealroom.so/for-lenders/questions/what-is-the-process-for-a-lender-to-remit-the-sba-upfront-guaranty-fee-after-loan-closing"},{"question":"How does the SBA calculate the 7(a) loan guaranty fee when the loan amount is precisely $1,000,000 for FY2026?","url":"https://dealroom.so/for-lenders/questions/how-does-the-sba-calculate-the-7-a-loan-guaranty-fee-when-the-loan-amount-is-precisely-1-0"},{"question":"When is the ongoing SBA servicing fee (annual service fee) for a 7(a) loan typically collected from the lender?","url":"https://dealroom.so/for-lenders/questions/when-is-the-ongoing-sba-servicing-fee-annual-service-fee-for-a-7-a-loan-typically-collecte"},{"question":"How do the upfront SBA guaranty fees differ for 7(a) loans between $150,001 and $700,000 for FY2026?","url":"https://dealroom.so/for-lenders/questions/how-do-the-upfront-sba-guaranty-fees-differ-for-7-a-loans-between-150-001-and-700-000-for-"},{"question":"How do the ongoing annual service fees for 7(a) loans impact the lender's accounting and remittance to SBA?","url":"https://dealroom.so/for-lenders/questions/how-do-the-ongoing-annual-service-fees-for-7-a-loans-impact-the-lender-s-accounting-and-re"}],"related_terms":[{"term":"Annual Service Fee","url":"https://dealroom.so/glossary/annual-service-fee"},{"term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"term":"SBA 7(a) loan guaranty","url":"https://dealroom.so/glossary/sba-7-a-loan-guaranty"},{"term":"Standard 7(a) loan","url":"https://dealroom.so/glossary/standard-7-a-loan"},{"term":"SBA 7(a) loan","url":"https://dealroom.so/glossary/sba-7-a-loan"},{"term":"7(a) Small Loan","url":"https://dealroom.so/glossary/7-a-small-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/for-lenders/questions/when-is-the-annual-service-fee-waived-for-a-7-a-loan","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."]}