Rates

SBA 504 Current and Historic Rates**

Year Month 20 Year Loan 10 Year Loan 20 Year Refinance
2017 September 4.38 4.15 4.42
August 4.54 4.50 4.58
July 4.77 4.50 4.81
June 4.60 * 4.64
May 4.67 4.51 4.71
April 4.63 * 4.67
March 4.83 4.82 4.87
February 4.61 * 4.65
January 4.59 4.60 4.63
2016 December 4.60 * 4.64
November 4.36 4.67 4.68
October 4.26 * 4.32
September 4.08 4.29 4.14
August 4.09 * *
July 4.09 4.12 *
June 4.23 * *
May 4.32 4.19 *
April 4.31 * *
March 4.55 4.33 *
February 4.32 * *
January 4.83 4.29 *
2015 December 4.87 * *
November 4.78 4.18 *
October 4.80 * *
September 4.90 4.24 *
August 4.91 * *
July 4.96 4.33 *
June 5.06 * *
May 4.85 4.37 *
April 4.59 * *
March 4.80 4.40 *
February 4.55 * *
January 4.60 4.42 *
2014 December 4.78 * *
November 4.88 4.56 *
October 4.82 * *
September 5.00 4.70 *
August 4.96 * *
July 4.95 4.51 *
June 5.07 * *
May 5.08 4.51 *
April 5.19 * *
March 5.29 4.48 *
February 5.31 * *
January 5.54 4.67 *
2013 December 5.46 * *
November 5.46 4.40 *
October 5.45 * *
September 5.70 4.86 *
August 5.24 * *
July 5.23 4.42 *
June 4.53 * *
May 4.15 3.61 *
April 4.16 * *
March 4.30 3.71 *
February 4.29 * *
January 4.21 3.63 *
2012 December 4.01 * *
November 4.17 3.52 *
October 4.26 * *
September 4.28 3.49 *
August 4.45 * *
July 4.46 3.70 *
June 4.50 * *
May 4.46 3.76 *
April 4.75 * *
March 4.59 3.83 *
February 4.71 * *

*Note: 10 year bonds are sold every other month
**The table represents the approximate effective interest rate by averaging the note rate plus all fees, amortized over the life of the loan.