Two of the most common types of SBA loans are called 504 loans and 7(a) loans. While SBA loans have a higher maximum loan amount ... above the current market rate for 10-year U.S. Treasury ...

you’re guaranteed that the rate won’t go above the maximum rate. The max rates are set based on the type of SBA loan, loan amount and repayment term Interest is the cost of a business loan.

The SBA’s most common loans are offered through its 7(a) loan program. The SBA also offers loans through its 504 and microloan programs. The average loan size is $436,270 in the SBA 7(a ...

Additionally, the SBA said it wants to reduce barriers to its 504 loan ... higher interest rate environment, by adding the 7(a) Working Capital Pilot Program to our suite of loan products ...

In addition, the SBA sets the loan terms and the interest rate, which will be lower than ... SBA Form 912 (Statement of Personal History) SBA Form 148 (Unconditional Guarantee — anyone with ...