SBA News & 504 Rates

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SBA Grow Loan Program Rates (formerly 504)

APRIL 2017 Funding Rates

April: 20 year – 4.625%
March: 20 year – 4.827%; 10 year – 4.817%
February: 20 year – 4.607%
January: 20 year – 4.585%; 10 year – 4.598%

2016 Historical 504 Rates

December: 20 year – 4.596%
November: 20 year – 4.357%; 10 year – 4.669%
October: 20 year – 4.261%
September: 20 year – 4.082%; 10 year – 4.290%
August: 20 year – 4.093%
July: 20 year – 4.091% – 10 year – 4.115%
June: 20 year – 4.232%
May: 20 year – 4.320% – 10 year – 4.194%
April: 20 year – 4.311%
March: 20 year – 4.553%; 10 year – 4.333%
February: 20 year – 4.324%
January: 20 year – 4.831%; 10 year – 4.288%

2015 Historical 504 Rates

December: 20 year – 4.873%
November: 20 year – 4.778%; 10 year – 4.176%
October: 20 year – 4.801%
September: 20 year – 4.902%; 10 year – 4.236%
August: 20 year – 4.909%
July: 20 year – 4.961%; 10 year – 4.326%
June: 20 year – 5.062%
May: 20 year – 4.850%; 10 year – 4.374%
April: 20 year – 4.591%
March: 20 year – 4.799%; 10 year – 4.401%
February: 20 year – 4.546%
January: 20 year – 4.601%; 10 year – 4.416%

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Maximum Third Party Lender Rate

SBA published the maximum interest rate for Third Party Lender Loans for 504 Projects effective April 1, 2016 for the April -June (3rd) quarter of Fiscal Year 2016. Pursuant to 13 CFR § 120.921(b), the maximum legal interest rate for a third party lender loan which funds any portion of the cost of a 504 project (see 13 CFR § 120.801) shall be 6% over the New York Prime rate or, if that exceeds the maximum interest rate permitted by the constitution or laws of a given State, the maximum interest rate will be the rate permitted by the constitution or laws of the given State.

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Topics of Interest

  • Disaster News for Kansas Businesses and Residents affected by storms and flooding from August 19, 2016 through September 11, 2016. SBA Disaster Loan Press Release
  • SBA announces “National Small Business Week 2016”. May 1 – 5, 2016. For more information: www.sba.gov/nsbw/