# Which SBA 7(a) loans have no upfront guaranty fee in fiscal year 2027?

**Short answer:** SBA Information Notice 5000-881797 waives the FY2027 upfront fee for three groups. It is 0% for loans of $700,000 or less to manufacturers (NAICS 31-33), listed food supply chain businesses and businesses in rural areas. SBA Express loans to veteran-owned businesses also pay $0.

Canonical page: https://www.sbaexpress.loans/answers/sba-guaranty-fee-waiver-fy2027/
Last checked: 2026-11-08

SBA Information Notice 5000-881797 (p. 1) sets a 0% Upfront Fee on 7(a) loans of $700,000 or less in three groups. It covers loans approved October 1, 2026 through September 30, 2027.

## Who qualifies

- **Manufacturers:** NAICS sectors 31-33.
- **Food supply chain:** NAICS 1111, 1112, 1113, 1121, 1122, 1123, 1124, 1125, 1129, 1141, 1151 and 1152.
- **Also food supply chain:** NAICS 423820, 4244, 4245, 424910, 445110, 484220, 484230, 493120 and 493130.
- **Rural businesses:** businesses located in a rural area, as SBA defines it.

NAICS 484220 and 484230 count only for refrigerated and frozen trucking, farm products, grain products and livestock.

## Limits

- The $700,000 test uses the gross loan amount, including guaranteed and unguaranteed portions.
- A loan above $700,000 pays the regular schedule.
- Loans approved within 90 days of each other are combined for the Upfront Fee calculation.

## What stays in place

The waiver covers the Upfront Fee only. The lender still pays the Annual Service Fee of 0.55% of the outstanding guaranteed balance. Packaging fees and closing costs may still apply.

Confirm your NAICS code and location with your lender before counting on the waiver.

## Sources

- [SBA Information Notice 5000-881797, FY2027 7(a) fees, pp. 1-3 (effective October 1, 2026)](https://legacy.sba.gov/document/information-notice-5000-881797-fy-2027-7a-program-fees)