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.