SBA Hot Topic Tuesday — SBA 7(a) and 504 Fees Effective October 1, 2015

September 29, 2015

SBA Hot Topic Tuesday — SBA 7(a) and 504 Fees Effective October 1, 2015

SBA 7(a) Guaranty Fees are unchanged

crpmgraph092915Loans less than $150,000 — no fee
150,001 to $700,000: 3% of the guaranteed portion
$700,001 to $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

SBA 7(a) Annual Servicing Fee for loans over $150,000

47.3 basis points, down from 51.9 basis points

SBA 504 Loans Guaranty Fee

ZERO! (down from 50 basis points)

SBA 504 Annual Servicing Fee

91.4 basis points, down from 93.75 basis points.

Read the notice here