January 2026 SBA 504 Interest Rates
25 Year Term 5.85%
20 Year Term 5.91%
10 Year Term 5.67%
The January 2026 SBA 504 debenture pricing was completed on January 8, 2025. 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.
We are proud to share the inaugural SomerCor Impact Report, which captures the stories, milestones, and collective impact we achieved together in FY2025. At SomerCor, we believe that entrepreneurship is one of the most powerful engines for inclusive economic growth and empowerment. This report reflects how we are turning that belief into measurable, lasting impact through access to capital.
In 2025, we helped entrepreneurs grow and strengthened communities through new investment and intentional economic development. Looking ahead to 2026, SomerCor enters its next chapter with optimism, clarity of purpose, and confidence in the path forward. However, none of this work happens without the support and collaboration of our partners. Thank you for being part of SomerCor’s mission and your commitment to growing businesses, creating jobs, and investing in local economies!
Manufacturing is part of who we are in Illinois. From food processing, to machinery, to pharmaceuticals, and advanced technology, Illinois manufacturing is shaping local economies.
The federal government is doubling down on support for the manufacturing sector in 2026 with targeted tax benefits and increasing access to capital through the Small Business Administration 504 loan program.
These initiatives are designed to turbocharge manufacturing in the new year. To learn more, check out this article by SomerCor EVP, Lis Williams, published by the Daily Herald.
