5-FTA2019-PricingSchedule.docx

Schedule of SBA Fees Collected by FTA Fiscal Transfer Agent (FTA / Contractor) 2019 – 7(a) Loan Guaranty Program

General

· Pricing is for a Base Year and Six (6) Option Years. Dates are given in this Pricing Schedule, but dates may be adjusted by the parties, depending on actual date of contract award.

· The Contractor may earn float income on any loan payment funds in its possession. The Contractor may not earn float income on payments deposited into the Master Reserve Fund (MRF).

· These stated fees and any amount earned from money held in transit represent the sole compensation to the Contractor.

· The Contractor’s direct costs, indirect costs, and profit/fee are included in the fees stated in this Schedule. The Contractor will receive no other compensation from this contract. All Contractor direct and indirect costs, and expenses shall be included in Contractor fees, including all costs associated with the development and printing of all certificates issued in association for Guaranteed Individual Certificates and Pool Certificates. Certificates shall be of a quality equal to stock or bond certificates printed by an established note company. The format and quality of certificates shall be approved by the Contracting Officer’s Representative (COR) in writing.

· The Contractor shall provide the SBA with a monthly accounting of all fees collected and proceeds disbursed in sufficient detail to allow the U.S. Small Business Administration (SBA) COR to confirm the proper disbursement of fund proceeds by the Contractor.

· All rates and fees offered by Contractor are firm, fixed, and fully-loaded.

CLIN 0001 - Monthly SBA Rebate

The Contractor shall pay the SBA a monthly rebate (in arrears) from the float income it collected the previous month. Float income does not include income generated from fees. The monthly rebate shall be a dollar amount equivalent to one of twelve monthly installments of the proposed rebate amount proposed by the Contractor in this Pricing Schedule.

The Federal Funds Rate (FFR) is the interest rate established by the Federal Reserve Board. The FFR is the interest rate at which depository institutions actively trade balances held at the Federal Reserve on an uncollateralized basis. The FFR varies. The Contractor shall use the FFR in effect either on the first business trading day of the month of May if that day is the first day of the Period of Performance (POP) or the rate in effect the previous May 1st. The POPs for this contract are the base year, and each of six option years. The rebate amount in the Pricing Schedule represents the annual dollar amount that the Contractor will remit to the SBA in equal installment amounts over the twelve (12) month POP. The SBA rebate is applied to the Contractor’s total fees for the previous month to determine the amount of the monthly rebate.

Note that the effective Federal Funds Rate (FFR) published by the Federal Reserve at the time of the preparation of this solicitation was 2.25%.

The rebate payment shall be wired to the SBA on the first business day following the end of the previous month.

Base Year – May 1, 2019 through April 30, 2020

Option Year 1 – May 1, 2020 through April 30, 2021

Option Year 2 – May 1, 2021 through April 30, 2022

Option Year 3 – May 1, 2022 through April 30, 2023

Option Year 4 – May 1, 2023 through April 30, 2024

Option Year 5 – May 1, 2024 through April 30, 2025

Option Year 6 – May 1, 2025 through April 30, 2026

CLIN 0002 - FTA Fees – Individual Guaranteed Loan Interests

For Individual Guaranteed Loan Interests, the FTA is authorized to collect from the Loan Purchaser or Registered Holder the following Fees:

Base Year – May 1, 2019 through April 30, 2020

· A one-time Original Issuance Fee of $ payable at the time of presentation to the Contractor of each SBA Form 1086, with a request for issuance of a Trust Certificate.

The maximum fee that the Contractor may offer is $75.00.

· A re-occurring Servicing Fee of % per annum, computed on the “Guaranteed Interest,” which is defined as the guaranteed balance outstanding on the sold loan, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. This servicing fee is deducted by the Contractor from the monthly payment amount remitted by the lender to the Contractor, and is computed at the time of each remittance. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum or 0.15%.

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee that the Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Guaranteed Interest Certificate rate which is stripped off by a Registered Holder, and retained or sold to a third party.

Option Year 1 – May 1, 2020 through April 30, 2021

· A one-time Original Issuance Fee of $ payable at the time of presentation to the Contractor of each SBA Form 1086, with a request for issuance of a Trust Certificate.

The maximum fee that the Contractor may offer is $75.00.

· A re-occurring Servicing Fee of % per annum, computed on the “Guaranteed Interest,” which is defined as the guaranteed balance outstanding on the sold loan, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. This servicing fee is deducted by the Contractor from the monthly payment amount remitted by the lender to the Contractor, and is computed at the time of each remittance. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum or 0.15%.

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee that the Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Guaranteed Interest Certificate rate which is stripped off by a Registered Holder, and retained or sold to a third party.

Option Year 2 – May 1, 2021 through April 30, 2022

· A one-time Original Issuance Fee of $ payable at the time of presentation to the Contractor of each SBA Form 1086, with a request for issuance of a Trust Certificate.

The maximum fee that the Contractor may offer is $75.00.

· A re-occurring Servicing Fee of % per annum, computed on the “Guaranteed Interest,” which is defined as the guaranteed balance outstanding on the sold loan, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. This servicing fee is deducted by the Contractor from the monthly payment amount remitted by the lender to the Contractor, and is computed at the time of each remittance. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum or 0.15%.

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee that the Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Guaranteed Interest Certificate rate which is stripped off by a Registered Holder, and retained or sold to a third party.

Option Year 3 – April 1, 2022 through March 31, 2023

· A one-time Original Issuance Fee of $ payable at the time of presentation to the Contractor of each SBA Form 1086, with a request for issuance of a Trust Certificate.

The maximum fee that the Contractor may offer is $75.00.

· A re-occurring Servicing Fee of % per annum, computed on the “Guaranteed Interest,” which is defined as the guaranteed balance outstanding on the sold loan, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. This servicing fee is deducted by the Contractor from the monthly payment amount remitted by the lender to the Contractor, and is computed at the time of each remittance. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum or 0.0015%.

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee that the Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Guaranteed Interest Certificate rate which is stripped off by a Registered Holder, and retained or sold to a third party.

Option Year 4 – May 1, 2023 through April 30, 2024

· A one-time Original Issuance Fee of $ payable at the time of presentation to the Contractor of each SBA Form 1086, with a request for issuance of a Trust Certificate.

The maximum fee that the Contractor may offer is $75.00.

· A re-occurring Servicing Fee of % per annum, computed on the “Guaranteed Interest,” which is defined as the guaranteed balance outstanding on the sold loan, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. This servicing fee is deducted by the Contractor from the monthly payment amount remitted by the lender to the Contractor, and is computed at the time of each remittance. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum or 0.15%.

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee that the Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Guaranteed Interest Certificate rate which is stripped off by a Registered Holder, and retained or sold to a third party.

Option Year 5 – May 1, 2024 through April 30, 2025

· A one-time Original Issuance Fee of $ payable at the time of presentation to the Contractor of each SBA Form 1086, with a request for issuance of a Trust Certificate.

The maximum fee that the Contractor may offer is $75.00.

· A re-occurring Servicing Fee of % per annum, computed on the “Guaranteed Interest,” which is defined as the guaranteed balance outstanding on the sold loan, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. This servicing fee is deducted by the Contractor from the monthly payment amount remitted by the lender to the Contractor, and is computed at the time of each remittance. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum or 0.15%.

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee that the Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Guaranteed Interest Certificate rate which is stripped off by a Registered Holder, and retained or sold to a third party.

· A one-time Original Issuance Fee of $ payable at the time of presentation to the Contractor of each SBA Form 1086, with a request for issuance of a Trust Certificate.

The maximum fee that the Contractor may offer is $75.00.

· A re-occurring Servicing Fee of % per annum, computed on the “Guaranteed Interest,” which is defined as the guaranteed balance outstanding on the sold loan, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. This servicing fee is deducted by the Contractor from the monthly payment amount remitted by the lender to the Contractor, and is computed at the time of each remittance. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum or 0.15%.

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee that the Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Guaranteed Interest Certificate rate which is stripped off by a Registered Holder, and retained or sold to a third party.

CLIN 0003 - For Guaranteed Interests included in Pools, the Contractor is authorized to collect from the Pool Assemblers the following Fees:

Base Year – May 1, 2019 through April 30, 2020

· A one-time Application for Pool Formation Fee of $ for each SBA Guarantee Interest in a particular pool. This fee is not included in the calculations for the SBA Rebate. The maximum Application for Pool Formation Fee that Contractor may offer is $30.00 for each Guaranteed Interest included in a particular pool.

· A re-occurring Servicing Fee of % per annum, computed on the aggregate balance of the “Guaranteed Interests” in a SBA Pool Certificate, which is defined as the guaranteed balance outstanding on the pooled loans sold, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. It is understood that the Contractor cannot charge both a fee on the Guaranteed Interest in a pool, and also on an individual Guaranteed Interest. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum (0.15%).

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee (for a Transferee) that Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Pool Certificate rate which is stripped off by an SBA Pool Assembler, and retained or sold to a third party. The maximum Transfer Recording Fee (for an Originator) that Contractor may offer is two basis points (0.02%) per annum on the outstanding loan balance.

Option Year 1 – May 1, 2020 through April 30, 2021

· A one-time Application for Pool Formation Fee of $ for each SBA Guarantee Interest in a particular pool. This fee is not included in the calculations for the SBA Rebate. The maximum Application for Pool Formation Fee that Contractor may offer is $30.00 for each Guaranteed Interest included in a particular pool.

· A re-occurring Servicing Fee of % per annum, computed on the aggregate balance of the “Guaranteed Interests” in a SBA Pool Certificate, which is defined as the guaranteed balance outstanding on the pooled loans sold, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. It is understood that the Contractor cannot charge both a fee on the Guaranteed Interest in a pool, and also on an individual Guaranteed Interest. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum (0.15%).

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee (for a Transferee) that Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Pool Certificate rate which is stripped off by an SBA Pool Assembler, and retained or sold to a third party. The maximum Transfer Recording Fee (for an Originator) that Contractor may offer is two basis points (0.02%) per annum on the outstanding loan balance.

Option Year 2 – May 1, 2021 through April 30, 2022

· A one-time Application for Pool Formation Fee of $ for each SBA Guarantee Interest in a particular pool. This fee is not included in the calculations for the SBA Rebate. The maximum Application for Pool Formation Fee that Contractor may offer is $30.00 for each Guaranteed Interest included in a particular pool.

· A re-occurring Servicing Fee of % per annum, computed on the aggregate balance of the “Guaranteed Interests” in a SBA Pool Certificate, which is defined as the guaranteed balance outstanding on the pooled loans sold, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. It is understood that the Contractor cannot charge both a fee on the Guaranteed Interest in a pool, and also on an individual Guaranteed Interest. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum (0.15%).

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee (for a Transferee) that Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Pool Certificate rate which is stripped off by an SBA Pool Assembler, and retained or sold to a third party. The maximum Transfer Recording Fee (for an Originator) that Contractor may offer is two basis points (0.02%) per annum on the outstanding loan balance.

Option Year 3 – May 1, 2022 through April 30, 2023

· A one-time Application for Pool Formation Fee of $ for each SBA Guarantee Interest in a particular pool. This fee is not included in the calculations for the SBA Rebate. The maximum Application for Pool Formation Fee that Contractor may offer is $30.00 for each Guaranteed Interest included in a particular pool.

· A re-occurring Servicing Fee of % per annum, computed on the aggregate balance of the “Guaranteed Interests” in a SBA Pool Certificate, which is defined as the guaranteed balance outstanding on the pooled loans sold, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. It is understood that the Contractor cannot charge both a fee on the Guaranteed Interest in a pool, and also on an individual Guaranteed Interest. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum (0.15%).

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee (for a Transferee) that Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Pool Certificate rate which is stripped off by an SBA Pool Assembler, and retained or sold to a third party. The maximum Transfer Recording Fee (for an Originator) that Contractor may offer is two basis points (0.02%) per annum on the outstanding loan balance.

Option Year 4 – May 1, 2023 through April 30, 2024

· A one-time Application for Pool Formation Fee of $ for each SBA Guarantee Interest in a particular pool. This fee is not included in the calculations for the SBA Rebate. The maximum Application for Pool Formation Fee that Contractor may offer is $30.00 for each Guaranteed Interest included in a particular pool.

· A re-occurring Servicing Fee of % per annum, computed on the aggregate balance of the “Guaranteed Interests” in a SBA Pool Certificate, which is defined as the guaranteed balance outstanding on the pooled loans sold, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. It is understood that the Contractor cannot charge both a fee on the Guaranteed Interest in a pool, and also on an individual Guaranteed Interest. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum (0.15%).

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee (for a Transferee) that Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Pool Certificate rate which is stripped off by an SBA Pool Assembler, and retained or sold to a third party. The maximum Transfer Recording Fee (for an Originator) that Contractor may offer is two basis points (0.02%) per annum on the outstanding loan balance.

Option Year 5 – May 1, 2024 through April 30, 2025

· A one-time Application for Pool Formation Fee of $ for each SBA Guarantee Interest in a particular pool. This fee is not included in the calculations for the SBA Rebate. The maximum Application for Pool Formation Fee that Contractor may offer is $30.00 for each Guaranteed Interest included in a particular pool.

· A re-occurring Servicing Fee of % per annum, computed on the aggregate balance of the “Guaranteed Interests” in a SBA Pool Certificate, which is defined as the guaranteed balance outstanding on the pooled loans sold, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. It is understood that the Contractor cannot charge both a fee on the Guaranteed Interest in a pool, and also on an individual Guaranteed Interest. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum (0.15%).

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee (for a Transferee) that Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Pool Certificate rate which is stripped off by an SBA Pool Assembler, and retained or sold to a third party. The maximum Transfer Recording Fee (for an Originator) that Contractor may offer is two basis points (0.02%) per annum on the outstanding loan balance.

Option Year 6 – May 1, 2025 through April 30, 2026

· A one-time Application for Pool Formation Fee of $ for each SBA Guarantee Interest in a particular pool. This fee is not included in the calculations for the SBA Rebate. The maximum Application for Pool Formation Fee that Contractor may offer is $30.00 for each Guaranteed Interest included in a particular pool.

· A re-occurring Servicing Fee of % per annum, computed on the aggregate balance of the “Guaranteed Interests” in a SBA Pool Certificate, which is defined as the guaranteed balance outstanding on the pooled loans sold, for the period that services are performed by the Contractor. “Sold loan” is defined as a loan guarantee sold in the SBA secondary market. It is understood that the Contractor cannot charge both a fee on the Guaranteed Interest in a pool, and also on an individual Guaranteed Interest. The maximum Servicing Fee that Contractor may offer is 15 basis points per annum (0.15%).

· A Transfer Recording Fee for an Originator Fee Interest of $ payable by the person or entity requesting the transfer (“transferee”), including at the time of final transfer/redemption. Ten dollars ($10.00) of each transfer fee shall be remitted to the SBA by the Contractor, monthly and in arrears. The maximum Transfer Recording Fee (for a Transferee) that Contractor may offer is $25.00.

· A Servicing Fee from an Originator Fee interest of % on the outstanding loan balance for each Originator fee, to be charged monthly. “Originator Fee” means the income stream arising from the interest with respect to a loan in excess of the Pool Certificate rate which is stripped off by an SBA Pool Assembler, and retained or sold to a third party. The maximum Transfer Recording Fee (for an Originator) that Contractor may offer is two basis points (0.02%) per annum on the outstanding loan balance.

CLIN 0004 – When Acting as Bailee for Transactions involving Warehouse Facilities and Loan Securitization Transactions, the Contractor is authorized to collect from the lender initiating the Transaction the following Fees:

Base Year – May 1, 2019 through April 30, 2020

· Document Review and Set-Up Fee, including Review of Related Multi-Party Agreement of $ per financing transaction. The maximum Review and Set-Up Fee that Contractor may offer is $300.00.

· Initial Note Processing Fee of $ per note, per financing transaction. The maximum Initial Note Processing Fee the Contractor may offer is $30.00 per note, per financing transaction.

· Subsequent Note Processing Fee (including Release) of $ per note. The maximum Subsequent Note Processing Fee the Contractor may offer is $20.00.

· Transfer Fee from one Financing Group to Another (a Credit Facility to a Securitization Transaction) of $ per note. The maximum Transfer Fee from one Financing Group to Another the Contractor may offer is $20.00.

· Loan Modification Processing and Receipt Generation Fee of $ per note, per occurrence. The maximum Loan Modification Processing and Receipt Generation Fee the Contractor may offer is $10.00 per note, per occurrence.

· Additional Rate Modification Processing Fee of $ per note. The maximum Additional Rate Modification Processing Fee Contractor may offer is $10.00 per note.

· Position Activity Report Fee of $ per report request. The maximum Position Activity Report Fee Contractor may offer is $10.00.

· Facsimile, Photocopy, or Scanning Processing Fee of $ per note, receipt, or other document. The maximum Facsimile, Photocopy, or Scanning Processing Fee Contractor may offer is $10.00.

Option Year 1 – May 1, 2020 through April 30, 2021

· Document Review and Set-Up Fee, including Review of Related Multi-Party Agreement of $ per financing transaction. The maximum Review and Set-Up Fee that Contractor may offer is $300.00.

· Initial Note Processing Fee of $ per note, per financing transaction. The maximum Initial Note Processing Fee the Contractor may offer is $30.00 per note, per financing transaction.

· Subsequent Note Processing Fee (including Release) of $ per note. The maximum Subsequent Note Processing Fee the Contractor may offer is $20.00.

· Transfer Fee from one Financing Group to Another (a Credit Facility to a Securitization Transaction) of $ per note. The maximum Transfer Fee from one Financing Group to Another the Contractor may offer is $20.00.

· Loan Modification Processing and Receipt Generation Fee of $ per note, per occurrence. The maximum Loan Modification Processing and Receipt Generation Fee the Contractor may offer is $10.00 per note, per occurrence.

· Additional Rate Modification Processing Fee of $ per note. The maximum Additional Rate Modification Processing Fee Contractor may offer is $10.00 per note.

· Position Activity Report Fee of $ per report request. The maximum Position Activity Report Fee Contractor may offer is $10.00.

· Facsimile, Photocopy, or Scanning Processing Fee of $ per note, receipt, or other document. The maximum Facsimile, Photocopy, or Scanning Processing Fee Contractor may offer is $10.00.

Option Year 2 – May 1, 2021 through April 30, 2022

· Document Review and Set-Up Fee, including Review of Related Multi-Party Agreement of $ per financing transaction. The maximum Review and Set-Up Fee that Contractor may offer is $300.00.

· Initial Note Processing Fee of $ per note, per financing transaction. The maximum Initial Note Processing Fee the Contractor may offer is $30.00 per note, per financing transaction.

· Subsequent Note Processing Fee (including Release) of $ per note. The maximum Subsequent Note Processing Fee the Contractor may offer is $20.00.

· Transfer Fee from one Financing Group to Another (a Credit Facility to a Securitization Transaction) of $ per note. The maximum Transfer Fee from one Financing Group to Another the Contractor may offer is $20.00.

· Loan Modification Processing and Receipt Generation Fee of $ per note, per occurrence. The maximum Loan Modification Processing and Receipt Generation Fee the Contractor may offer is $10.00 per note, per occurrence.

· Additional Rate Modification Processing Fee of $ per note. The maximum Additional Rate Modification Processing Fee Contractor may offer is $10.00 per note.

· Position Activity Report Fee of $ per report request. The maximum Position Activity Report Fee Contractor may offer is $10.00.

· Facsimile, Photocopy, or Scanning Processing Fee of $ per note, receipt, or other document. The maximum Facsimile, Photocopy, or Scanning Processing Fee Contractor may offer is $10.00.

Option Year 3 – May 1, 2022 through April 30, 2023

· Document Review and Set-Up Fee, including Review of Related Multi-Party Agreement of $ per financing transaction. The maximum Review and Set-Up Fee that Contractor may offer is $300.00.

· Initial Note Processing Fee of $ per note, per financing transaction. The maximum Initial Note Processing Fee the Contractor may offer is $30.00 per note, per financing transaction.

· Subsequent Note Processing Fee (including Release) of $ per note. The maximum Subsequent Note Processing Fee the Contractor may offer is $20.00.

· Transfer Fee from one Financing Group to Another (a Credit Facility to a Securitization Transaction) of $ per note. The maximum Transfer Fee from one Financing Group to Another the Contractor may offer is $20.00.

· Loan Modification Processing and Receipt Generation Fee of $ per note, per occurrence. The maximum Loan Modification Processing and Receipt Generation Fee the Contractor may offer is $10.00 per note, per occurrence.

· Additional Rate Modification Processing Fee of $ per note. The maximum Additional Rate Modification Processing Fee Contractor may offer is $10.00 per note.

· Position Activity Report Fee of $ per report request. The maximum Position Activity Report Fee Contractor may offer is $10.00.

· Facsimile, Photocopy, or Scanning Processing Fee of $ per note, receipt, or other document. The maximum Facsimile, Photocopy, or Scanning Processing Fee Contractor may offer is $10.00.

Option Year 4 – May 1, 2023 through April 30, 2024

· Document Review and Set-Up Fee, including Review of Related Multi-Party Agreement of $ per financing transaction. The maximum Review and Set-Up Fee that Contractor may offer is $300.00.

· Initial Note Processing Fee of $ per note, per financing transaction. The maximum Initial Note Processing Fee the Contractor may offer is $30.00 per note, per financing transaction.

· Subsequent Note Processing Fee (including Release) of $ per note. The maximum Subsequent Note Processing Fee the Contractor may offer is $20.00.

· Transfer Fee from one Financing Group to Another (a Credit Facility to a Securitization Transaction) of $ per note. The maximum Transfer Fee from one Financing Group to Another the Contractor may offer is $20.00.

· Loan Modification Processing and Receipt Generation Fee of $ per note, per occurrence. The maximum Loan Modification Processing and Receipt Generation Fee the Contractor may offer is $10.00 per note, per occurrence.

· Additional Rate Modification Processing Fee of $ per note. The maximum Additional Rate Modification Processing Fee Contractor may offer is $10.00 per note.

· Position Activity Report Fee of $ per report request. The maximum Position Activity Report Fee Contractor may offer is $10.00.

· Facsimile, Photocopy, or Scanning Processing Fee of $ per note, receipt, or other document. The maximum Facsimile, Photocopy, or Scanning Processing Fee Contractor may offer is $10.00.

Option Year 5 – May 1, 2024 through April 30, 2025

· Document Review and Set-Up Fee, including Review of Related Multi-Party Agreement of $ per financing transaction. The maximum Review and Set-Up Fee that Contractor may offer is $300.00.

· Initial Note Processing Fee of $ per note, per financing transaction. The maximum Initial Note Processing Fee the Contractor may offer is $30.00 per note, per financing transaction.

· Subsequent Note Processing Fee (including Release) of $ per note. The maximum Subsequent Note Processing Fee the Contractor may offer is $20.00.

· Transfer Fee from one Financing Group to Another (a Credit Facility to a Securitization Transaction) of $ per note. The maximum Transfer Fee from one Financing Group to Another the Contractor may offer is $20.00.

· Loan Modification Processing and Receipt Generation Fee of $ per note, per occurrence. The maximum Loan Modification Processing and Receipt Generation Fee the Contractor may offer is $10.00 per note, per occurrence.

· Additional Rate Modification Processing Fee of $ per note. The maximum Additional Rate Modification Processing Fee Contractor may offer is $10.00 per note.

· Position Activity Report Fee of $ per report request. The maximum Position Activity Report Fee Contractor may offer is $10.00.

· Facsimile, Photocopy, or Scanning Processing Fee of $ per note, receipt, or other document. The maximum Facsimile, Photocopy, or Scanning Processing Fee Contractor may offer is $10.00.

Option Year 6 – May 1, 2025 through April 30, 2026

· Document Review and Set-Up Fee, including Review of Related Multi-Party Agreement of $ per financing transaction. The maximum Review and Set-Up Fee that Contractor may offer is $300.00.

· Initial Note Processing Fee of $ per note, per financing transaction. The maximum Initial Note Processing Fee the Contractor may offer is $30.00 per note, per financing transaction.

· Subsequent Note Processing Fee (including Release) of $ per note. The maximum Subsequent Note Processing Fee the Contractor may offer is $20.00.

· Transfer Fee from one Financing Group to Another (a Credit Facility to a Securitization Transaction) of $ per note. The maximum Transfer Fee from one Financing Group to Another the Contractor may offer is $20.00.

· Loan Modification Processing and Receipt Generation Fee of $ per note, per occurrence. The maximum Loan Modification Processing and Receipt Generation Fee the Contractor may offer is $10.00 per note, per occurrence.

· Additional Rate Modification Processing Fee of $ per note. The maximum Additional Rate Modification Processing Fee Contractor may offer is $10.00 per note.

· Position Activity Report Fee of $ per report request. The maximum Position Activity Report Fee Contractor may offer is $10.00.

· Facsimile, Photocopy, or Scanning Processing Fee of $ per note, receipt, or other document. The maximum Facsimile, Photocopy, or Scanning Processing Fee Contractor may offer is $10.00.

CLIN 0005 – Late Charges/Penalties

Late charges and penalties shall be collected by the Contractor from the lender and remitted to SBA at no charge to any party to this contract.

CLIN 0006 – Web-Based, Monthly Pool Factor Report Subscription

Base Year – May 1, 2019 through April 30, 2020 Contractor shall charge subscribers $ per annum for the web-based, monthly Pool Factor Report that it generates for the SBA and sends free-of-charge to the COR. The annual fee for the web-based, monthly Pool Factor Report that the Contractor offers may not exceed $1,000.00.

Option Year 1 – May 1, 2020 through April 30, 2021 Contractor shall charge subscribers $ per annum for the web-based, monthly Pool Factor Report that it generates for the SBA and sends free-of-charge to the COR. The annual fee for the web-based, monthly Pool Factor Report that the Contractor offers may not exceed $1,000.00.

Option Year 2 – May 1, 2021 through April 30, 2022 Contractor shall charge subscribers $ per annum for the web-based, monthly Pool Factor Report that it generates for the SBA and sends free-of-charge to the COR. The annual fee for the web-based, monthly Pool Factor Report that the Contractor offers may not exceed $1,000.00.

Option Year 3 – May 1, 2022 through March 31, 2023 Contractor shall charge subscribers $ per annum for the web-based, monthly Pool Factor Report that it generates for the SBA and sends free-of-charge to the COR. The annual fee for the web-based, monthly Pool Factor Report that the Contractor offers may not exceed $1,000.00.

Option Year 4 – May 1, 2023 through April 30, 2024 Contractor shall charge subscribers $ per annum for the web-based, monthly Pool Factor Report that it generates for the SBA and sends free-of-charge to the COR. The annual fee for the web-based, monthly Pool Factor Report that the Contractor offers may not exceed $1,000.00.

Option Year 5 – May 1, 2024 through April 30, 2025 Contractor shall charge subscribers $ per annum for the web-based, monthly Pool Factor Report that it generates for the SBA and sends free-of-charge to the COR. The annual fee for the web-based, monthly Pool Factor Report that the Contractor offers may not exceed $1,000.00.

Option Year 6 – May 1, 2025 through April 30, 2026 Contractor shall charge subscribers $ per annum for the web-based, monthly Pool Factor Report that it generates for the SBA and sends free-of-charge to the COR. The annual fee for the web-based, monthly Pool Factor Report that the Contractor offers may not exceed $1,000.00.

CLIN 0007– Web-Based Historical Data This data will be free of charge to subscribers of the Pool Factor Report (CLIN 00006).

Base Year – May 1, 2019 through April 30, 2020 Contractor shall charge an annual subscription fee of $_____ to lenders, broker dealers, and market investors for website access to historical data on individual SBA Secondary Market guaranteed individual certificate sales. This fee may be retained by the Contractor to assist in supporting the website. Access is free to the SBA. The annual fee for this web-based, historical data may not exceed that Contractor offers may not exceed $200.00.

Option Year 1 – May 1, 2020 through April 30, 2021 Contractor shall charge an annual subscription fee of $_____ to lenders, broker dealers, and market investors for website access to historical data on individual SBA Secondary Market guaranteed individual certificate sales. This fee may be retained by the Contractor to assist in supporting the website. Access is free to the SBA. The annual fee for this web-based, historical data may not exceed that Contractor offers may not exceed $200.00.

Option Year 2 – May 1, 2021 through April 30, 2022 Contractor shall charge an annual subscription fee of $_____ to lenders, broker dealers, and market investors for website access to historical data on individual SBA Secondary Market guaranteed individual certificate sales. This fee may be retained by the Contractor to assist in supporting the website. Access is free to the SBA. The annual fee for this web-based, historical data may not exceed that Contractor offers may not exceed $200.00.

Option Year 3 – May 1, 2022 through April 30, 2023 Contractor shall charge an annual subscription fee of $_____ to lenders, broker dealers, and market investors for website access to historical data on individual SBA Secondary Market guaranteed individual certificate sales. This fee may be retained by the Contractor to assist in supporting the website. Access is free to the SBA. The annual fee for this web-based, historical data may not exceed that Contractor offers may not exceed $200.00.

Option Year 4 – May 1, 2023 through April 30, 2024 Contractor shall charge an annual subscription fee of $_____ to lenders, broker dealers, and market investors for website access to historical data on individual SBA Secondary Market guaranteed individual certificate sales. This fee may be retained by the Contractor to assist in supporting the website. Access is free to the SBA. The annual fee for this web-based, historical data may not exceed that Contractor offers may not exceed $200.00.

Option Year 5 – May 1, 2024 through April 30, 2025 Contractor shall charge an annual subscription fee of $_____ to lenders, broker dealers, and market investors for website access to historical data on individual SBA Secondary Market guaranteed individual certificate sales. This fee may be retained by the Contractor to assist in supporting the website. Access is free to the SBA. The annual fee for this web-based, historical data may not exceed that Contractor offers may not exceed $200.00.

Contractor shall charge an annual subscription fee of $_____ to lenders, broker dealers, and market investors for website access to historical data on individual SBA Secondary Market guaranteed individual certificate sales. This fee may be retained by the Contractor to assist in supporting the website. Access is free to the SBA. The annual fee for this web-based, historical data may not exceed that Contractor offers may not exceed $200.00.

FTA 2019 - Pricing Schedule Page 1 of 18