SBA Info Notice 3rd Quarter Optional Peg Rate
Summary
SBA Information Notice, effective March 25, 2026, to SBA employees, 7(a) lenders, certified development companies and third party lenders, on the 3rd quarter optional peg rate, the direct interest rate and the maximum interest rate of a third party lender loan for a 504 project. It states that the interest rate on Section 7(a) Direct Business Loans is 5.63 percent for the fiscal quarter beginning April 1, 2026. That rate is for information only, with no direct funds available.
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Full text
SBA Information Notice
TO: All SBA Employees,7(a) Lenders, Certified CONTROL NO.: 5000- 877653
Development Companies and Third Party Lenders
EFFECTIVE: March 25, 2026
SUBJECT: 3rd Quarter Optional Peg Rate, Direct
Interest Rate and Maximum Interest Rate of a Third
Party Lender Loan for a 504 Project
The purpose of this Notice is to inform SBA employees and Lenders that the interest rate on
Section 7(a) Direct Business Loans is 5.63 percent (5.63%) for the fiscal quarter beginning
April 1, 2026. (Information only – no direct funds available at this time.)
The Optional Peg Rate for fluctuating interest rates on guaranty loans is 4.50 percent (4.50%) for
the April – June quarter of FY 2026.
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
continue to be 6% over the Prime rate and shall remain in effect until changed. If the
aforementioned Third Party Lender’s commercial loan rate of 6% over the Prime rate exceeds
the maximum legal interest rate permitted by the constitution or laws of a given State, then the
maximum interest rate for the Third Party Loan will be the rate permitted by the constitution or
laws of the given State.
Questions
Questions concerning this Notice may be directed to Darrel Eddingfield at (202) 516-6676 or
darrel.eddingfield@sba.gov.
Thomas Kimsey
Associate Administrator
Office of Capital Access
PAGE 1 of 1 EXPIRES: 4/1/27
SBA Form 1353.3 (4-93) MS Word Edition; previous editions obsolete
Must be accompanied by SBA Form 58
Federal Recycling Program Printed on Recycled Paper
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