How SBA Loan Brokers Are Paid, and What Disclosures Apply

SBA loan broker fees are capped in writing, and the schedule is strict. A broker paid as a percentage of a 7(a) loan may charge 3 percent on loans of $50,000 or less. Above that line, the rate drops to 2 percent on the portion up to $1 million, then 0.25 percent on anything beyond it, per SBA operating procedure SOP 50 10 8, effective June 1, 2025. A percentage fee cannot cross $30,000 in total. Disclosure is mandatory, not optional. Every agent fee must be listed on SBA Form 159 and signed by the applicant, the lender, and the agent, under the compensation-agreement rule at 13 CFR 103.5. One caveat deserves attention: hourly billing carries no cap, so a small business checking SBA size standards and contract eligibility should read an agent’s engagement letter as closely as the loan quote. Program shifts of this kind show up in the publication’s business news section. How the Fee Schedule Works SBA calls any outside broker or paid packaging consultant an Agent.

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