For SBA lenders
Short answer
For FY2026, the upfront guaranty fee for 7(a) loans of $150,000 or less is typically 0% of the guaranteed portion, effectively waived, to incentivize small business lending.
The SBA often waives or significantly reduces the upfront guaranty fee for smaller 7(a) loans to make financing more accessible for very small businesses. This is a policy decision aimed at stimulating economic activity and supporting micro-entrepreneurs by reducing their upfront costs.
A borrower applies for a $120,000 7(a) loan. The lender informs them that for FY2026, the SBA upfront guaranty fee will be waived, meaning they will not be charged for the government's guarantee on this loan.
7(a) Fees Effective During Fiscal Year 2026
SBA 7(a) Loan Guaranty Fee Calculator
SOP 50 10 - Lender and Development Company Loan Programs
Last checked 2026-06-13. Official sources control — verify before relying on any rule for a live deal.
Last reviewed 2026-06-13 · SBA sources checked through 2026-06-13. DealRoom analysis of public SBA 7(a) lending records (FY2020–present). Grounded in the current SBA rulebook; verify against the official sources above before relying on it for a live deal. Not legal, tax, or financial advice, and not an approval decision.
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