SBAPULSE

SBA 504 Debenture Rates — August 2025

Effective rates priced August 7, 2025

SBA 504 debenture rates for August 2025 were priced on August 7, 2025. The 25-year standard effective rate came in at 6.233%, down 14 basis points from July 2025.

Standard Rates

10-Year

6.174%

unchanged from Jul 2025

20-Year

6.250%

−14 bps vs Jul 2025

25-Year

6.233%

−14 bps vs Jul 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.