SBA 504 Interest Rates
Effective interest rates, 25, 20 and 10 year terms
Rates may vary based on transaction size and and will be set at time of issuance.
| 25 Year Term | 20 Year Term | 10 Year Term* | |
| December | 6.114% | 6.037% | |
| November | 6.534% | 6.226% | 6.273% |
| October | 6.219% | 6.134% | |
| September | 5.440% | 5.343% | 5.332% |
| August | 4.981% | 4.892% | |
| July | 5.110% | 5.051% | 4.974% |
| June | 5.191% | 5.132% | |
| May | 5.119% | 5.061% | 4.931% |
| April | 4.680% | 4.620% | |
| March | 4.370% | 4.226% | 4.673% |
| February | 4.040% | 3.915% | |
| January 2022 | 3.216% | 3.070% | 3.096% |
| December | 3.026% | 2.880% | |
| November | 3.168% | 3.032% | 3.109% |
| October | 3.157% | 3.021% | |
| September | 2.977% | 2.860% | 2.687% |
| August | 2.866% | 2.748% | |
| July | 2.817% | 2.699% | 2.604% |
| June | 2.887% | 2.770% | |
| May | 2.936% | 2.849% | 2.623% |
| April | 3.077% | 3.021% | |
| March | 3.048% | 3.002% | 2.700% |
| February | 2.602% | 2.558% | |
| January 2021 | 2.540% | 2.496% | 2.254% |
| December | 2.471% | 2.427% | |
| November | 2.399% | 2.364% | 2.231% |
| October | 2.410% | 2.396% | |
| September | 2.410% | 2.366% | 2.288% |
| August | 2.269% | 2.214% | |
| July | 2.410% | 2.346% | 2.400% |
| June | 2.602% | 2.528% | |
| May | 2.761% | 2.688% | 2.654% |
| April | 3.032% | 2.960% | |
| March | 2.881% | 2.808% | 2.847% |
| February | 3.905% | 3.852% | |
| January 2020 | 4,156% | 4.105% | 4.356% |
| December | 4:437% | ||
| November | 4.538% | 4.888% | |
| October | 4.260% | ||
| September | 4.175% | 4.519% | |
| August | 4.329% | ||
| July | 4.710% | 4.894% | |
| June | 4.777% | ||
| May | 5.059% | 5.317% | |
| April | 5.160% | ||
| March | 5.377% | 5.578% | |
| February | 5.437% | ||
| January 2019 | 5.549% | 5.613% |
* 10-year debentures are funded every other month.