The SBA's Newest Waivers

The Small Business Administration (SBA) has reduced or eliminated the SBA guaranty fee and ongoing fee on some 7(a) loans, including Export Express loans approved before 9/30/2023.

We’ve broken down the fee changes below: 

7(a) Upfront Fees effective October 1, 2022, through September 30, 2023
For SBA 7(a) loans, including SBA Express and SBA Export Express loans, with a maturity date greater than 12 months, the Upfront Fees are:

Loan Size Upfront SBA Fee
$500,000 or less 0.00%
$500,001 - $700,000 0.55% of the guaranteed portion
$700,001 - $1,000,000 1.05% of the guaranteed portion
$1,000,001 - $5,000,000 3.5% of the guaranteed portion up to $1,000,000, plus 3.75% of the guaranteed portion over $1,000,000




As an SBA Preferred Lender, we have the tools needed to help your business reach the next level.

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