SBA loan basics
Short answer
Besides interest, borrowers typically pay an upfront SBA guaranty fee and an annual servicing fee. There may also be third-party costs like appraisal fees, legal fees, and environmental review fees.
The SBA charges an upfront guaranty fee, calculated on the guaranteed portion of the loan, which is usually passed on to the borrower. An annual servicing fee is also charged. Additionally, borrowers are responsible for closing costs, including legal, appraisal, environmental, and packaging fees charged by the lender (if applicable and within limits).
For a $300,000 loan with a 75% SBA guaranty, the upfront fee might be 3% of the guaranteed portion ($225,000), equaling $6,750. On top of this, the borrower would pay an annual servicing fee and any third-party costs such as a $2,000 appraisal fee and $1,500 in legal fees.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 - Lender and Development Company Loan Programs
7(a) Fees Effective During Fiscal Year 2026
SBA 7(a) Loan Guaranty Fee Calculator
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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