Federal Register, SBA "Interest Rates," Apr. 3, 2017, FR Doc. 2017-06452, signed by Seaborn as OFA Director

Summary

A Small Business Administration notice titled Interest Rates, published in the Federal Register on 04/03/2017 as FR Doc. 2017-06452 (82 FR 16269), shown in its FederalRegister.gov rendition. The notice sets the optional 'peg' rate (13 CFR 120.214), a weighted average cost of money to the government that may serve as a base rate for guaranteed fluctuating interest rate SBA loans, at 2.625 percent for the April-June quarter of FY 2017. It also states that the maximum legal interest rate for a third party lender's commercial loan funding part of a 504 project is 6% over the New York Prime rate, unless a State's law sets a lower maximum. It is signed by Dianna L. Seaborn, Director, Office of Financial Assistance.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Full text

Legal Status

This site displays a prototype of a “Web 2.0” version of the daily
Federal Register. It is not an official legal edition of the Federal
Register, and does not replace the official print version or the official
electronic version on GPO’s govinfo.gov.

The documents posted on this site are XML renditions of published Federal
Register documents. Each document posted on the site includes a link to the
corresponding official PDF file on govinfo.gov. This prototype edition of the
daily Federal Register on FederalRegister.gov will remain an unofficial
informational resource until the Administrative Committee of the Federal
Register (ACFR) issues a regulation granting it official legal status.
For complete information about, and access to, our official publications
and services, go to

About the Federal Register

on NARA's archives.gov.

The OFR/GPO partnership is committed to presenting accurate and reliable
regulatory information on FederalRegister.gov with the objective of
establishing the XML-based Federal Register as an ACFR-sanctioned
publication in the future. While every effort has been made to ensure that
the material on FederalRegister.gov is accurately displayed, consistent with
the official SGML-based PDF version on govinfo.gov, those relying on it for
legal research should verify their results against an official edition of
the Federal Register. Until the ACFR grants it official status, the XML
rendition of the daily Federal Register on FederalRegister.gov does not
provide legal notice to the public or judicial notice to the courts.

Legal Status

Notice

Enter a search term or FR citation e.g.

88 FR 382
30 FR 7878
2024-13208
USDA
09/05/24
RULE
0503-AA39
SORN

Choosing an item from
full text search results
will bring you to those results. Pressing enter in the search box
will also bring you to search results.
Choosing an item from
suggestions
will bring you directly to the content.

Background and more details are available in the

Search & Navigation

guide.

Interest Rates

A Notice by the Small Business Administration on 04/03/2017

Published Document: 2017-06452 (82 FR 16269)

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Published Document: 2017-06452 (82 FR 16269)

Document Details

Published Content - Document Details

Agency

Small Business Administration

Document Citation

82 FR 16269

Document Number

2017-06452

Document Type

Notice

Page

16269
(1 page)

Publication Date

04/03/2017

Published Content - Document Details

PDF

Official Content

View printed version (PDF)

Official Content

Document Details

Published Content - Document Details

Agency

Small Business Administration

Document Citation

82 FR 16269

Document Number

2017-06452

Document Type

Notice

Page

16269
(1 page)

Publication Date

04/03/2017

Published Content - Document Details

Table of Contents

Enhanced Content - Table of Contents

This table of contents is a navigational tool, processed from the
headings within the legal text of Federal Register documents.
This repetition of headings to form internal navigation links
has no substantive legal effect.

There is no table of contents available for this document.

Enhanced Content - Table of Contents

Public Comments

Enhanced Content - Public Comments

This feature is not available for this document.

Enhanced Content - Public Comments

Regulations.gov Data

Enhanced Content - Regulations.gov Data

Additional information is not currently available for this document.

Enhanced Content - Regulations.gov Data

Sharing

Enhanced Content - Sharing

Shorter Document URL

https://www.federalregister.gov/d/2017-06452

Email this document to a friend

Enhanced Content - Sharing

Enhanced Content - Print

Print this document

Enhanced Content - Print

Document Statistics

Enhanced Content - Document Statistics

Document page views are updated periodically throughout the day and are
cumulative counts for this document. Counts are subject to sampling,
reprocessing and revision (up or down) throughout the day.

Page views

151
as of
09/15/2026 at 12:15 pm EDT

Enhanced Content - Document Statistics

Other Formats

Enhanced Content - Other Formats

This document is also available in the following formats:

JSON

Normalized attributes and metadata

XML

Original full text XML

MODS

Government Publishing Office metadata

More information and documentation can be found in our
developer tools pages.

Enhanced Content - Other Formats

Public Inspection

Public Inspection

This PDF is FR Doc. 2017-06452 as it appeared on Public Inspection on
03/31/2017 at 8:45 am.

If you are using public inspection listings for legal research, you
should verify the contents of the documents against a final, official
edition of the Federal Register. Only official editions of the
Federal Register provide legal notice of publication to the public and judicial notice
to the courts under 44 U.S.C. 1503 & 1507.
Learn more here.

Public Inspection

Published Document: 2017-06452 (82 FR 16269)

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

Document Headings

Document headings vary by document type but may contain
the following:

the agency or agencies that issued and signed a document

the number of the CFR title and the number of each part
the document amends, proposes to amend, or is directly
related to

the agency docket number / agency internal file number

the RIN which identifies each regulatory action listed in
the Unified Agenda of Federal Regulatory and Deregulatory
Actions

See the

Document Drafting Handbook

for more details.

Small Business Administration

The Small Business Administration publishes an interest rate called the optional “peg” rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans. This rate will be 2.625 percent for the April-June quarter of FY 2017.

Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for any third party lender's commercial loan which funds any portion of the cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New York Prime rate or, if that exceeds the maximum interest rate permitted by the constitution or laws of a given State, the maximum interest rate will be the rate permitted by the constitution or laws of the given State.

Dianna L. Seaborn,

Director, Office of Financial Assistance.

[FR Doc. 2017-06452 Filed 3-31-17; 8:45 am]

BILLING CODE P

Published Document: 2017-06452 (82 FR 16269)

File and source

File

interest-rates_358f559787cc5aaf.html

Size

55,150 bytes

SHA-256

ab3378f986ea81de37252f8be4912337fb1bbb32ab4ff34cc3154a1577b59577

Our copy

interest-rates_358f559787cc5aaf.html

Original

No public link identified.