CSA FEE BREAKOUT PROPOSAL FORM - Attachment 7 .docx

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Central Servicing Agent (CSA) for 504 Loan Program
Solicitation number
73351023R0023
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Solicitation 73351023R0023 Per SBA Form 1506: “Servicing Fees/CSA Fee: CSA receives one-tenth of one percent (1/10 of 1%) per year on the outstanding balance of the Note as determined at five (5) year intervals at the beginning of each interval. Both the SBA and CSA retain a percentage of this total fee determined by the loan approval period (see table below).

Loan Approval Date Range
Loan Count
Total Amount

Proposed CSA Fee Percentage (% Taken from Total Fee, SBA retains the remainder)

September 16, 1998 to July 25, 2007
3,820
$405,634,346.22

For all 504 Loans approved after September 16, 1998 and prior to July 26, 2007, CSA shall retain a monthly servicing fee equal to (insert proposed fee share here) of one percent per annum on the outstanding balance of the Note, such balance to be determined at 5-year anniversary intervals at the beginning of such interval, which will be deducted from the borrower's monthly payments to cover the monthly servicing fees paid to the CSA.

July 26, 2007 to September 30, 2012
9988
$2,710,859,432.39

For 504 Loans approved on or after July 26, 2007 and no later than September 30, 2012 a servicing fee of (insert proposed fee share here) of 1% per annum collected monthly, which for the first five years of the Note will be based on the initial outstanding balance of the Note, and which thereafter will be based on the recalculated outstanding balance of the Note. The SBA will recalculate the outstanding balance of the note upon each five-year anniversary of the date of approval of the Note.

October 1, 2012 to January 31, 2017
12691
$5,958,385,772.62

For 504 Loans approved on or after October 1, 2012 and no later than January 31, 2017 a servicing fee of (insert proposed fee share here) of 1% per annum collected monthly, which for the first five years of the Note will be based on the initial outstanding balance of the Note, and which thereafter will be based on the recalculated outstanding balance of the Note. The SBA will recalculate the outstanding balance of the note upon each five-year anniversary of the date of approval of the Note.

February 1, 2017 to present (as of March 2023)
30209
$22,198,355,570.23

For 504 Loans approved on or after February 1, 2017 and no later than April 30, 2023 a servicing fee of (insert proposed fee share here) of 1% per annum collected monthly, which for the first five years of the Note will be based on the initial outstanding balance of the Note, and which thereafter will be based on the recalculated outstanding balance of the Note. The SBA will recalculate the outstanding balance of the note upon each five-year anniversary of the date of approval of the Note.

2023 (Expected Contract PoP)
TBD on Future Approvals
TBD on Future Approvals

For 504 Loans approved on or after April 1, 2017 and no later than March 31, 2031 (insert proposed fee share here), of 1% per annum collected monthly, which for the first five years of the Note will be based on the initial outstanding balance of the Note, and which thereafter will be based on the recalculated outstanding balance of the Note. The SBA will recalculate the outstanding balance of the note upon each five-year anniversary of the date of approval of the Note.

Totals – Previous Loans
56708
$31,273,235,121.46

File details come from the government source that posted it. Updated .