July 2026 SBA 504 Interest Rates

07/09/2026|Maya Ksiezyc|SBA 504, SBA Interest Rates

	SBA 504 Rates	SBA 504 Rates for Manufacturers	REFI SBA 504 Rates
25 Year Terms	6.17%	5.93%	6.19%
20 Year Terms	6.20%	5.95%	6.22%
10 Year Terms	6.19%	5.89%	6.21%

The current SBA 504 debenture pricing was completed on July 9, 2026. The SBA offers a 504 Loan with a 25-year maturity for the acquisition of owner-occupied commercial real estate and related costs. This is in addition to the 10 and 20 year loans currently available in the 504 Loan Program. Loans are typically eligible for up to 90% financing of project costs. Rates include monthly servicing fees to the CDC, SBA, and central servicing agent; based on SBA FY26 fees. The SBA also reinstituted an upfront guaranty fee of 50 basis points for non-manufacturing projects. Rates for manufacturing businesses (primary NAICS Code in sectors 31, 32, and 33) are approximately 25 basis points lower than non-manufacturing projects due to the waiver of the annual service fee.

SBA 504 Reference Guide

SBA 504 REFI Reference Guide

In 2002, Lina Smilgiene purchased her first embroidery machine and set up shop in her basement, blending beautiful designs with quality service. By 2008, Lina Embroidery opened for business. Twenty years later, the business outgrew their tiny strip mall unit and needed room to nurture the expanding business.

Partnering with SomerCor and PeopleFirstBank, Lina Embroidery purchased a building just steps away from their old rental unit, doubling the business’ operating space. Smilgiene is also SomerCor’s Down Payment Assistance Program (DPAP) second grantee. Powered by the Cook County Small Business Source, this $25,000 grant cut Smilgiene’s down payment in half.