SBA 504 Current Rates & History: Loan & Refinancing Information

Effective rates below include fees to CDC, SBA, and central servicing agent based on debenture pricing published by NADCO.

Historical Loan Rates

2023

January February March April May June July August September October November December
10 Year
6.43%
6.43%
6.77%
6.77%
6.04%
20 Year
6.28%
5.98%
6.33%
5.95%
6.07%
25 Year
6.31%
6.01%
6.33%
5.88%
6.02%

2022

January February March April May June July August September October November December
10 Year
3.07%
3.07%
3.81%
3.81%
4.92%
4.92%
4.96%
4.96%
% 5.32
5.60%
5.6%
6.53%
20 Year
3.07%
3.45%
3.76%
4.62%
5.06%
5.13%
5.05%
4.89%
5.34%
6.36%
6.23%
6.03%
25 Year
3.21%
3.59%
3.93%
4.68%
5.12%
5.19%
5.11%
4.98%
5.44%
6.43%
6.53%
6.11%

Loan Rates (as of May 2023)

25 Years:
as low as

6.02%

20 Years:
as low as

6.07%

10 Years:
as low as

6.04%

2021

January February March April May June July August September October November December
10 Year
2.254%
2.254%
2.700%
2.700%
2.623%
2.623%
2.604%
2.604%
2.687%
2.687%
2.79%
2.79%
20 Year
2.496%
2.558%
3.002%
3.021%
2.849%
2.770%
2.699%
2.748%
2.860%
3.021%
2.77%
2.88%
25 Year
2.540%
2.602%
3.048%
3.077%
2.936%
2.887%
2.817%
2.866%
2.977%
3.157%
2.92%
3.02%

2020

January February March April May June July August September October November December
20 Year
3.629%
3.388%
2.804%
2.955%
2.683%
2.522%
2.341%
2.214%
2.366%
2.396%
2.364%
2.427%
25 Year
3.710%
3.460%
2.878%
3.029%
2.758%
2.597%
2.406%
2.269%
2.410%
2.430%
2.399%
2.471%

2019

January February March April May June July August September October November December
20 Year
4.751%
4.641%
4.581%
4.360%
4.260%
3.978%
3.908%
3.526%
3.355%
3.398%
3.679%
3.579%
25 Year
4.877%
4.767
4.737%
4.527%
4.387%
4.086%
4.006%
3.626%
3.455%
3.480%
3.740%
3.640%

2018

January February March April May June July August September October November December
20 Year
4.64%
4.94%
4.92%
5.024%
5.214%
5.314%
5.254%
5.294%
5.244%
5.153%
5.253%
4.922%
25 Year
5.316%
5.346%
5.286%
5.207%
5.317%
4.987%

2017

January February March April May June July August September October November December
20 Year
4.58%
4.60%
4.83%
4.62%
4.66%
4.59%
4.76%
4.53%
4.37%
4.57%
4.51%
4.50%

2016

January February March April May June July August September October November December
20 Year
4.82%
4.31%
4.54%
4.30%
4.31%
4.22%
4.08%
4.09%
4.08%
3.99%
4.35%
4.59%

2015

January February March April May June July August September October November December
20 Year
4.59%
4.53%
4.79%
4.58%
4.84%
5.05%
4.95%
4.89%
4.89%
4.76%
4.74%
4.86%