SBA Loan Interest Rates – April 2024

Loan AmountFixed+PrimeSBA Max Interest
Rate
$50,000 – $5,000,0003.0%8.5%11.5%
$25,000 – $50,0004.0%8.5%12.5%
<$25,0005.0%8.5%13.5%

Loan AmountGuaranty Fee
<$150,0000.00%
$150,001 – $700,0003.00%
$700,001 – $1,00,0003.50%
Amount over $1,000,0003.75%

SBA Loan ProgramInt RateTotal Loan $$# of LoansAvg LoanAvg Term
Community Advantage Initiative7.90%$110,829,6461,043$132,349110
Contract Guaranty5.67%$36,813,86053$920,23052
FA$TRK (Small Loan Express)7.24%$1,072,509,66929,503$72,41778
Guaranty6.02%$16,588,598,58229,512$748,150174
International Trade – Sec, 7(a) (16)6.21%$273,556,804193$1,604,844176
Lender Advantage Initiative5.87%$232,230,2841,645$181,477128
Revolving Line of Credit Exports – Sec. 7(a) (14)5.09%$307,555,830169$2,022,06312
Seasonal Line of Credit5.73%$15,036,77531$652,24257
Small General Contractors – Sec. 7(a) (9)5.78%$4,022,9259$593,38952
Standard Asset Based5.63%$145,732,900272$716,40566
Totals / Averages6.09%$18,786,887,27562,430$300,927125