CFR > Title 13 - Business Credit and Assistance > CHAPTER I—SMALL BUSINESS ADMINISTRATION > PART 120—BUSINESS LOANS > SUBPART B—Policies Specific to 7(a) Loans (§120.200 to §120.223) > 120.222—Fees which the Lender or Associate may not collect from the Borrower or share with third parties.

120.222—Fees which the Lender or Associate may not collect from the Borrower or share with third parties.

The Lender or its Associate may not:
(a) Require the applicant or Borrower to pay the Lender, an Associate, or any party designated by either, any fees or charges for goods or services, including insurance, as a condition for obtaining an SBA guaranteed loan (unless permitted by this part);
(b) Charge an applicant any commitment, bonus, broker, commission, referral or similar fee;
(c) Charge points or add-on interest;
(d) Share any premium received from the sale of an SBA guaranteed loan in the secondary market with a Service Provider, packager, or other loan-referral source; or
(e) Charge the Borrower for legal services, unless they are hourly charges for requested services actually rendered.