SBA and SPARK Update to Guaranty Fees for FY26

The SBA has updated the Guaranty Fee for SBA 7(a) loans, effective October 1, 2025. You can reference the SBA's official information notice here.

Starting October 1st, all new SBA packages created in SPARK will automatically reflect the updated Guaranty Fee amounts. For existing active packages in SPARK, the new Guaranty Fee will not be applied automatically. A banner will appear in these packages, prompting users to apply the updated fee.

Additionally, users can manually recalculate the Guaranty Fee via "Edit Package."

For SBA 7(a) loans of $950,000 or less made to manufacturers, SPARK will honor the new guaranty fee exception. Here’s how it works:

• SPARK will determine this exception based on the NAICS code of the Primary Business on the package

• If a borrower on the package is an Eligible Passive Company, SPARK will determine this exception based on the NAICS code of the Operating Company borrower or guarantor

• The exception applies to businesses in NAICS sectors 31, 32, and 33.

• For companion packages, SPARK looks at the combined loan amount to determine if it falls under the $950,000 threshold.

If you have any questions, please submit a ticket to the SPARK Support Team.