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Small Business and SBA Lending Blog

What is the SBA 7(a) Loan Interest Rate?

Last updated on Nov 25, 2022

1 min read

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Interest rates for the SBA 7(a) loan depend on the amount of the loan. They’re divided into two groups. As of September 2022, rates are:

SBA 7(a) Loan Interest Rates

Loan Amount	Maturity of less than 7 years	Maturity of more than 7 years
$25,000 or less	Prime rate + 4.25%	Prime rate + 4.75%
$25,001 to $50,000	Prime rate + 3.25%	Prime rate + 3.75%
$50,001 and up	Prime rate + 2.25%	Prime rate + 2.75%
*Current prime rate is 6.25% as of September 2022.

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