First small business loan questions

[Douglas Whetham]

We have a warehouse that needs a few repairs. We own the building and property in full, and is appraised for $350,000. The property has been rented continually for 10 years, current rent is $1000 per month with $400 NNN. We went to a local credit union to inquire about a loan.

What we asked for- 

• loan amount: $15,000
• Term: 5 years @ 6%
• Building as collateral and personal guarantees from LLC partners

What was approved-

• loan amount: $16,000
• Term: 3 years @ 6%
• brokers fee: $550
• Loan fee $250
• Building as collateral and personal guarantees from LLC partners

Our LLC was formed a little over a year ago with the property deeded to it, and has never had any sort of credit line under it's name. Repayment at the approved term isn't a problem, we planned on early repayment. My issue are the fees, I don't like the notion of paying them $800 when there is so much collateral offered.

So my questions:

• Is this a normal looking start to establishing good credit with the LLC?
• Are these fees usually set in stone or negotiable?