SBA 504 Debenture Rates — February 2026
Effective rates priced February 5, 2026
SBA 504 debenture rates for February 2026 were priced on February 5, 2026. The 25-year standard effective rate came in at 5.802%, down 5 basis points from January 2026.
Standard Rates
10-Year
5.672%
unchanged from Jan 2026
20-Year
5.863%
−5 bps vs Jan 2026
25-Year
5.802%
−5 bps vs Jan 2026
Manufacturing Rates
10-Year Mfg
5.372%
unchanged from Jan 2026
20-Year Mfg
5.612%
−5 bps vs Jan 2026
25-Year Mfg
5.560%
−5 bps vs Jan 2026
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.