SBA loan basics
Short answer
Besides interest, you will typically pay an upfront SBA guaranty fee, and there may be ongoing servicing fees, as well as standard lender closing costs like packaging fees, legal fees, and appraisal fees.
The SBA charges an upfront guaranty fee, calculated as a percentage of the guaranteed portion of the loan, which is usually passed on to the borrower. This fee varies annually and depends on the loan amount. Lenders also charge customary closing costs, which must be reasonable and documented.
For a $500,000 loan with a 75% SBA guarantee, the upfront guaranty fee might be around 3% of the guaranteed portion ($375,000), equaling $11,250. Additionally, the borrower would pay for an appraisal ($3,000), environmental report ($1,500), and lender legal fees ($2,000).
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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