SBA loan basics
Short answer
The ongoing annual service fee for an SBA 7(a) loan is calculated as a percentage of the outstanding guaranteed portion of the loan and is typically paid by the borrower.
The SBA charges an annual servicing fee (also called an annual service fee or ongoing guaranty fee) to the lender for the guaranteed portion of the loan. This fee is generally passed through to the borrower and is calculated annually based on the outstanding guaranteed principal balance. The fee rate is set by the SBA for each fiscal year.
For a $500,000 loan with a 75% SBA guaranty, the annual servicing fee would be calculated on $375,000 (the guaranteed portion). If the fee rate for the fiscal year is 0.55%, the annual fee would be $2,062.50, typically collected monthly as part of the loan payment.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
7(a) Loan Program — Terms, Conditions, and Eligibility
U.S. Small Business Administration · Official SBA source
SOP 50 10 - Lender and Development Company Loan Programs
7(a) Fees Effective During Fiscal Year 2026
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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