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SBA Fees

 

Effective October 1, 2024- September 30, 2025:

Gross Loan SizeFees (See note 1)Notes
SBA 7a and Express loans of $1 Million or less0% of guaranteed portionMaturities that exceed 12 months
$1,000,001 – $5,000,0003.5% of guaranteed portion up to $1,000,000 PLUS 3.75% of the guaranteed portion over $1,000,000Maturities that exceed 12 months

Note 1: The SBA specifies the amount of certain fees each fiscal year for all loans approved during that year. The current fees listed above end September 30, 2025.

Note 2: For example, the guaranty fee on a $600,000 loan with an 75% guaranty would be 0%.

Note 3: For example, the guaranty fee on a $4,000,000 loan with a 75% guaranty (3.75 million guaranteed portion) would be 3.5% of $1,000,000 ($35,000) plus 3.75% of $2,750,000 ($75,000) with totals $110,000

 

*Source: sba.gov

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Notes & Fees Glossary

 Disclaimer
*APY* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of the first day of the month – the last dividend declaration date.
SmartPlus Checking*To earn the higher rate, you must:
  1. Enroll in eStatements
  2. Make a monthly direct deposit of over $200
  3. Complete 15 debit card transactions
  4. Provide and maintain a valid email address
  5. Limit one account per member
For any month where the account does not meet the qualification requirements, the account will earn a lower rate. Minimum balance of $5 needed to open.Qualifying account balances meet minimum requirements. APY subject to change monthly. Rate may change after the account is opened. The qualifying period begins with the first day of the calendar month and ends on the last day of the calendar month at 6:00 P.M. Pacific Time. No monthly fees and no minimum balance required to maintain account. Minimum opening deposit of $5. Fees could reduce earnings. Limit of one specialty checking account (Smart Plus Checking) per member.

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