[cmarks]

Chris - where in the heck are you getting this 5% Fee?

Do yourself a favor and go to the SBA Web Site and read & comprehend the information provided.

PPP - "

This loan has a maturity of 2 years and an interest rate of 1%."

maybe if you can read, what you are talking about is payable to the agent from the Lenders, the LENDERS/BANKS get paid by the Govt 5% up to 350k

"How will lenders be compensated? Processing fees will be based on the balance of the financing outstanding at the time of final disbursement:
 Loans $350,000 and under: 5.00%
 Loans greater than $350,000 to $2 million: 3.00%
 Loans greater than $2 million: 1.00%
Lenders may not collect any fees from the applicant."