SBA 504 Rate History – 20-Year Debenture Rates

Effective rates below include fees to 6 Bridges Capital Corporation (6BCC), SBA, and a central servicing agent, based on 20-year debenture rate pricing published by the National Association of Development Companies (NADCO).
2017
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
4.59 4.61 4.83 4.63 4.67 4.60 4.77 4.54 4.38 4.64 4.51  4.50
2016
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
4.83 4.32 4.55 4.31 4.32 4.23 4.09 4.09 4.08 4.26 4.36 4.60
2015
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
4.60 4.55 4.80 4.59 4.85  5.06  4.96  4.91  4.90  4.80  4.78  4.87
2014
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
5.54 5.31 5.29 5.19 5.08 5.07 4.95 4.96 5.00 4.82 4.87 4.78
2013
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
4.21 4.29 4.30 4.16 4.15 4.53 5.23 5.24 5.70 5.45 5.46 5.46
2012
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
4.84 4.71 4.59 4.75 4.46 4.50 4.46 4.45 4.28 4.26 4.17 4.01
2011
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
5.79 6.07 5.94 5.90 5.64 5.52 5.59 5.14 4.70 4.83 4.94 4.95
2010
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
5.79 5.56 5.61 5.77 5.52 5.29 5.21 4.93 4.62 4.52 5.10 5.57
2009
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
6.67 5.70 5.60 5.25 5.37 5.90 5.24 5.39 5.14 4.86 5.03 5.47
2008
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
6.14 6.13 6.46 6.34 6.46 6.65 6.85 6.99 6.57 6.60 7.75 7.17
2007
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
6.29 6.46 6.20 6.29 6.28 6.68 6.79 6.75 6.53 6.54 6.48 6.26

* SBA 504 loans are for terms of either 10 or 20 years. At closing, the interest rate is not established. The interest rate on the SBA 504 loan is set when the SBA sells the bond (debenture) to fund the loan, and the interest rate is then fixed for the duration of the term. The rate is based on a spread above either the 5-year or 10-year U.S. Treasury rates. SBA 504 debentures are fully amortized securities and have no balloon payments.