SBA Guaranty Fee Waiver for loans $350,000 and under

Many small business owners are unaware of the current SBA benefit that is waiving the upfront SBA Guaranty Fee for loans that are $350,000 and under. This benefit will expire on September 30, 2022.

There are reductions in the SBA Guaranty Fees for other loan amounts which helps with savings towards the closing costs. For additional information on this, you may search online for SBA Information Notice, Control No. 5000-818641. SBA comes out with different benefits occasionally and will be for specific SBA loan programs.

Team members at Blue Water Capital Advisors have significant knowledge of SBA’s policies and are always up-to-date with any changes. If you have questions regarding any SBA eligibility topics, feel free to reach out to us. Don’t forget to subscribe to our newsletter!