SBA Guaranty Fees being reinstated tomorrow (3/25/25)!?

March 24, 2025
by a searcher from Buena Vista University in Douglas County, CO, USA
We just learned from our SBA Lender, from whom we just received approval for our acquisition loan this week, that the SBA is reinstating Guaranty Fees starting TOMORROW. She is attempting to push our loan into the SBA system for a compliance review before this takes effect, but if not, it will be an extra 2% fee that we definitely were not planning on. That seems absolutely insane to me that they don't need to give any sort of notice to do this. Has anyone else heard this? Our loan is well below the $1 million threshold.
Are there any SBA lenders, brokers, or intermediaries who have more insight on this?
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
This really only impacts loans under $1 million. If you had a loan above $1 million, the fees do not change for you.
in Stuart, FL, USA