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SBA 504 Loan Interest Rates

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June 2025

25-Year Fixed Rate Standard:
6.376%

25-Year Fixed Rate Refinance:
6.405%

20-Year Fixed Rate Standard:
6.395%

20-Year Fixed Rate Refinance:
6.434%

Estimated 10-Year Fixed Rate Standard:
6.204%

Estimated 10-Year Fixed Rate Refinance:
6.252%

Official monthly SBA 504 effective interest rate tables can be found at Eagle Compliance LLC. 25- and 20-year term loans fund every month; 10-year term loans fund every other month. Effective interest rates are inclusive of servicing fees, which are subject to credit risk of the applicant.

 

Looking for some help? Call 800.504.LOAN or Email Us

Interest Rates

Servicing the States of Alabama, Florida, and Georgia.

Lending News Archives

SBA Achieves Historic Small Business Lending for FY 2020

Nov 2020

The Small Business Administration (SBA) recently announced its FY 2020 summary loan data. Loans guaranteed via traditional SBA lending exceeded $28 billion. The CARES Act, however, dramatically increased the agency’s loan volume.

The Paycheck Protection Program (PPP) provided an additional 5.2 million loans worth more than $525 billion, and the Economic Injury Disaster Loan (EIDL) Program added another 3.6 million loans valued at $191 billion, as well as 5.7 million EIDL Advances worth $20 billion.

The 7(a) loan program made approximately 42,000 7(a) loans totaling $22.55 billion in FY 2020. The 504 Loan Program had another year of increased performance, with more than 7,000 loans made for a total dollar amount of more than $5.8 billion.

The Microloan Program, which specifically helps businesses in underserved communities, achieved a second straight record year performance with nearly $85 million going to over 5,800 small businesses. Thirty-four percent of Microloans made in FY20 went to Black-owned small businesses.

Lenders reported minority business owners received $7.5 billion in combined 7(a) and 504 lending, or 27% of the SBA’s loan portfolio. Data shows the SBA’s 7(a) lending to women-owned businesses was nearly $2.7 billion in FY20, while 504 lending to women was over $522 million. Loans to veterans totaled nearly $835 million for the 7(a) and 504 programs.

The SBA 504 Loan Program provides up to 90% financing at below-market, fixed interest rates and long amortization terms up to 25 years for the purchase of major fixed assets, such as owner-occupied commercial real estate, renovations, new construction, energy efficient “green” initiatives and/or fixed heavy duty machinery and equipment, as well as the refinance of commercial mortgage and other business debt with or without a cash-out option.

504 loans are paired with private-sector commercial loans and provide up to $5 million of aggregate SBA eligibility on standard 504 projects; up to $5.5 million per 504 energy efficient green project not exceed $16.5 million in the aggregate; and up to $5.5 million per eligible small manufacturing project with no limit on total SBA dollars available. These are SBA 2nd mortgage loan portions only; there is no limit on overall project dollar size.

For more information about SBA 504 loans in Alabama, Florida or South Georgia, contact a Florida First Capital Loan Officer or email us at info@ffcfc.com. Phone: 850.681.3601 or toll-free at 800.504.LOAN.

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