Glossary · Doing the deal
In short
This is a collective term for various charges and expenses incurred at the final stage of a loan transaction. As a buyer, you need to account for these fees as part of your total project costs.
Closing fees can include a range of costs like packaging fees, legal fees, appraisal fees, and environmental reports. Your lender will provide a detailed breakdown early in the process. These fees are typically paid at closing and are often rolled into the SBA loan, but some may require an upfront payment or come from your equity injection.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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