Guaranty Fees -

Borrower Guaranty Fees

Loans of less than 12 months maturity - Guaranty Fee is .25 of 1 percent of the guaranteed amount.

Gross Loan Amount Fee based on Amount Guaranteed

$150,000 or less = 2.0% of Guaranteed Amount (Lender may retain 25% of fee)
Over $150,000 to $700,000 = 3.0% of Guaranteed Amount
Over $700,000 to $2,000,000 = 3.5%  of Guaranteed Amount up to $1 million, PLUS

3.75% of  guaranteed amount over $1Million

Lender’s can charge the fee to the Borrower AFTER the lender pays it and AFTER the loan is closed and disbursed.

Bank Fees

The lender pays SBA an annual servicing fee equal to .55% of the outstanding principal balance of the guaranteed portion of the loan.  This fee may not be passed on to the borrower.