Glossary · The loan itself
In short
An ongoing fee paid by the SBA to the lender for managing the 7(a) loan throughout its term. This is typically a percentage of the outstanding balance.
This fee is part of the lender's compensation for administering your loan, including collecting payments and handling inquiries. While it's paid by the SBA to the lender, it's factored into the overall cost structure of the 7(a) program, impacting the lender's willingness to make the loan.
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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