Overview of SPA Loan Programs for FY 2026
Quick overview of SBA Loan Guranty Programs - FY26
1st Quarter Optional Peg Rate, Direct Interest Rate and Maximum Interest Rate of a Third Party Lender Loan for a 504 Project
The purpose of this Notice is to inform SBA employees and Lenders that the interest rate on Section 7(a) Direct Business Loans is 5.75 percent (5.75%) for the fiscal quarter beginning October 1, 2025. (Information only – no direct funds available at this time.)
Revisions to SOP 50 56 related to Environmental Reviews and Permanent ALP Express Authority
The purpose of this Notice is to revise the oversight and enforcement provisions of SBA Standard Operating Procedure (SOP) 50 56 in order to 1.) incorporate SBA Procedural Notice 5000-866498 updating Environmental Policies and Procedures for 7(a) and 504 effective March 20, 2025 and 2.) the OCRM oversight and enforcement provisions in ALP Express guide which has been effective since December 18, 2024.
7(a) Fees Effective October 1, 2025 for Fiscal Year 2026 and 90-Day Rule Clarification
Each year SBA reviews certain fees payable to SBA by 7(a) Lenders (“Lenders”) and borrowers to determine the appropriate fees to manage the estimated costs of the 7(a) loan program. This Notice announces (1) the 7(a) Lender’s Annual Service Fee (also known as the “Lender’s Annual Service Fee”) and the SBA Guaranty Fee (also known as the Upfront Fee) for 7(a) loans for fiscal year 2026 (FY 2026), and (2) the exceptions to those fees authorized for FY 2026 for the 7(a) loan program.