Commercial Real Estate Loans
August 2023
25 Year Commercial Real Estate Rate: 6.55%
20 Year Commercial Real Estate Rate: 6.61%
10 Year Commercial Real Estate Rate: 7.08%
SBA 504 LOAN PROGRAM (COMMERCIAL REAL ESTATE & CAPITAL EQUIPMENT)
ELIGIBLE USE OF FUNDS:
Major Fixed Assets and Refinance
MAXIMUM LOAN AMOUNT:
$5,500,000 (SBA Portion-40%)
No project size limit
INTEREST RATES:
See above for SBA’s Portion Below-Market Fixed Rate
Negotiated Rate on Bank Portion
LOAN TERMS:
Up to 25 years (SBA portion)
*All rates and terms subject to change without notice.