SBA 504 Debenture Rates — September 2025
Effective rates priced September 4, 2025
SBA 504 debenture rates for September 2025 were priced on September 4, 2025. The 25-year standard effective rate came in at 6.003%, down 23 basis points from August 2025.
Standard Rates
10-Year
5.766%
−41 bps vs Aug 2025
20-Year
6.020%
−23 bps vs Aug 2025
25-Year
6.003%
−23 bps vs Aug 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.