Which fiscal year's SBA fees apply to my loan?
Short answer
The approval date controls. SBA Information Notice 5000-881797 applies to 7(a) loans approved October 1, 2026 through September 30, 2027. A later increase uses the fee rules in effect when the loan was first approved.
SBA resets 7(a) fees each fiscal year through an Information Notice. The fiscal year 2027 notice covers all 7(a) loans approved October 1, 2026 through September 30, 2027 (SBA Information Notice 5000-881797, p. 1). It expires October 1, 2027.
Approval date, not closing date
The notice keys the fee to approval. A loan approved in one fiscal year and disbursed in the next keeps the schedule of its approval year.
The Annual Service Fee follows the same logic
SBA sets that fee each fiscal year for all loans approved during that year (SOP 50 10 8.1, Section A, Chapter 4, Para. C.1.b). It is calculated under the schedule in effect when your loan was approved (notice, p. 3).
Loan increases
An increase does not move the loan to a newer schedule. The added Upfront Fee is the fee the loan would have paid with the increase included. The fee already paid is subtracted (Para. C.1.a.iv, about p. 64). The lender must pay it within 30 days of the increase approval, or the guaranty is canceled.
What the regulation sets
13 CFR § 120.220 sets maximum fees. SBA may announce temporary changes for a fiscal year through an Information Notice (Para. C.1.a, Note 1, p. 62). Each fiscal year begins October 1.
Sources
- SBA Information Notice 5000-881797, FY2027 7(a) fees, pp. 1 and 3 (effective October 1, 2026)
- SOP 50 10 8.1, Sec. A, Ch. 4, Para. C.1.a, Note 1 (p. 62); Para. C.1.a.iv (about p. 64); Para. C.1.b (about p. 66)
- SOP 50 10 8.1, Sec. B, Ch. 6, Para. B.3, Loan Increases (p. 205)
- 13 CFR § 120.220, guaranty fees
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