SBAPULSE

SBA 504 Debenture Rates — July 2025

Effective rates priced July 3, 2025

SBA 504 debenture rates for July 2025 were priced on July 3, 2025. The 25-year standard effective rate came in at 6.373%, unchanged from June 2025.

Standard Rates

10-Year

6.174%

−3 bps vs Jun 2025

20-Year

6.390%

unchanged from Jun 2025

25-Year

6.373%

unchanged from Jun 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.