SBA 7(a) Q&A
Short answer
For a $1,000,000 loan, the SBA guaranty fee for FY2026 is typically 3.5% ($35,000) on the guaranteed portion over $700,000, plus 3.0% on the first $700,000. It is usually paid by the borrower to the lender at closing.
The SBA charges a one-time upfront guaranty fee based on the guaranteed portion of the loan. For FY2026, loans over $1,000,000 have a fee structure of 3.0% on the guaranteed portion up to $700,000, and 3.5% on the guaranteed portion exceeding $700,000. The fee is typically collected by the lender from the borrower at closing and remitted to the SBA.
For a $1,000,000 loan, the guaranteed portion is typically 75% ($750,000). The fee would be (3.0% of $700,000) + (3.5% of $50,000) = $21,000 + $1,750 = $22,750. This $22,750 is due at closing.
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 2026-06-14. Official sources control — verify before relying on any rule for a live deal.
Last reviewed 2026-06-14 · SBA sources checked through 2026-06-14. 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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