SBA Hot Topic Tuesday — SBA 7(a) Oversight Fees Slightly Lowered.

January 17, 2017

By Bob Coleman
Editor, Hot Topic Tuesday

SBA Hot Topic Tuesday — SBA 7(a) Oversight Fees Slightly Lowered.

SBA is lowering fees charged to SBA 7(a) lenders for their annual oversight reviews.

PLP lenders — $145.50 per $1 million of guaranteed loans

Non-delegated lenders — $126.64 per $1 million of guaranteed loans.

The decrease is 1.7% for PLP lenders and 0.9% for non-delegated lenders.

In addition, PLP lenders are charged a $19 for every $1 million fee to cover the costs of a Delegated Authority Review.

SBA bills lenders on an annual basis.

Read the notice here.