SBAPULSE

SBA 504 Debenture Rates — May 2026

Effective rates priced May 7, 2026

SBA 504 debenture rates for May 2026 were priced on May 7, 2026. The 25-year standard effective rate came in at 5.952%, up 1 basis point from April 2026.

Standard Rates

10-Year

5.876%

+27 bps vs Apr 2026

20-Year

6.013%

+3 bps vs Apr 2026

25-Year

5.952%

+1 bps vs Apr 2026

Manufacturing Rates

10-Year Mfg

5.576%

+27 bps vs Apr 2026

20-Year Mfg

5.762%

+3 bps vs Apr 2026

25-Year Mfg

5.710%

+1 bps vs Apr 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.