See CMDC's Current and Historical Rates for SBA 504 Loans
Current and Historical SBA 504 Rates from CMDC
Receive rate updates and valuable business financing news. No junk, just valuable information.
Historical SBA 504 Interest Rate Data for 25-Year Loans
2025
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 6.517 % |
6.286 % |
6.246% |
6.437% |
6.397 % |
6.376 % |
6.377 % |
6.237 % |
6.008% |
5.92 % |
5.86 % |
--- % |
2024
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 6.336% |
6.385% |
6.285% |
6.695% |
6.555% |
6.354% |
6.206% |
6.045 |
5.765 |
6.076 |
6.325 |
6.096% |
2023
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 6.313% |
6.015% |
6.334% |
5.884% |
6.026% |
6.334% |
6.583% |
6.554% |
6.812% |
7.221% |
7.112% |
6.594% |
2022
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 3.216% |
3.598% |
3.929% |
4.680% |
5.119% |
5.191% |
5.110% |
4.981% |
5.440% |
6.219% |
6.534% |
6.114% |
2021
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 2.540% |
2.602% |
3.048% |
3.077% |
2.936% |
2.887% |
2.817% |
2.866% |
2.977% |
3.157% |
3.168% |
3.026% |
2020
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 3.714% |
3.463% |
2.878% |
3.032% |
2.761% |
2.602% |
2.410% |
2.269% |
2.410% |
2.430% |
2.399% |
2.471% |
2019
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 4.881% |
4.771%
|
4.741% |
4.532% |
4.391% |
4.090% |
4.011% |
3.630% |
3.458% |
3.540% |
3.800% |
3.643% |
2018
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| --- |
--- |
--- |
--- |
--- |
--- |
5.320% |
5.351% |
5.290% |
5.532% |
5.640% |
4.990% |
Historical SBA 504 Interest Rate Data for 20-Year Loans
2025
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 6.626% |
6.355 % |
6.315 % |
6.457 % |
6.416 % |
6.395% |
6.397 % |
6.255 % |
6.027 % |
5.98 % |
5.92 % |
--- % |
2024
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 6.427% |
6.496% |
6.365% |
6.767% |
6.656% |
6.445% |
6.277% |
6.115 |
5.833 |
6.146 |
6.395 |
6.204% |
2023
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 6.286% |
5.988% |
6.338% |
5.956% |
6.079% |
6.388% |
6.637% |
6.609% |
6.867% |
7.276% |
|
|
2022
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 3.070% |
3.454% |
3.766% |
4.620% |
5.061% |
5.132% |
5.051% |
4.892% |
5.343% |
6.134% |
6.226% |
6.037 |
2021
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 2.496% |
2.558% |
3.002% |
3.210% |
2.849% |
2.770% |
2.699% |
2.748 |
2.860% |
3.021% |
3.032% |
2.880% |
2020
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 3.644% |
3.392% |
2.804% |
2.960% |
2.688% |
2.528% |
2.346% |
2.214% |
2.366% |
2.396% |
2.364% |
2.427% |
2019
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 4.758% |
4.646% |
4.586% |
4.367% |
4.265% |
3.983%
|
3.914%
|
3.531% |
3.359%
|
3.462% |
3.742% |
3.582% |
2018
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 4.657% |
4.940% |
4.920% |
5.029% |
5.222% |
5.320% |
5.259% |
5.301% |
5.250% |
5.492% |
5.591% |
4.926% |
2017
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 4.585% |
4.675% |
4.827% |
4.625% |
4.668% |
4.596% |
4.766% |
4.537% |
4.376% |
4.635% |
4.510% |
4.499% |
Historical SBA 504 Interest Rate Data for 10-Year Loans
2025
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 6.657% |
|
6.348 % |
--- % |
6.218% |
* |
6.190 % |
* |
5.783 % |
* |
5.65 % |
* |
2024
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 6.544% |
* |
6.601% |
* |
6.908% |
* |
6.493% |
* |
5.875 |
* |
6.519% |
* |
2023
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 6.166% |
* |
6.784% |
* |
6.054% |
* |
7.076% |
* |
7.067% |
* |
|
* |
2022
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 3.633% |
* |
3.820% |
* |
4.931% |
* |
4.974% |
* |
5.332% |
* |
6.273% |
* |
2021
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 2.254% |
* |
2.700% |
* |
2.623% |
--- |
2.604% |
--- |
2.687% |
--- |
3.109% |
--- |
2020
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 3.804% |
* |
2.839% |
* |
2.654% |
* |
2.400% |
* |
2.288% |
* |
2.231% |
* |
2019
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sept | Oct | Nov | Dec |
|---|
| 5.064% |
5.064% |
4.628% |
4.628% |
4.365% |
4.635% |
3.937% |
3.937% |
3.563% |
3.563% |
3.933% |
3.933% |
