SBA 504 Debenture Rates — May 2025
Effective rates priced May 1, 2025
SBA 504 debenture rates for May 2025 were priced on May 1, 2025. The 25-year standard effective rate came in at 6.393%, down 4 basis points from April 2025.
Standard Rates
10-Year
6.204%
−13 bps vs Apr 2025
20-Year
6.410%
−4 bps vs Apr 2025
25-Year
6.393%
−4 bps vs Apr 2025
Effective rates include ongoing servicing and guarantee fees. 10-year debentures are offered in alternating months; in months without a 10-year sale, the most recent offering's rate is shown. See data sources & methodology.