13 C.F.R. § 120.213

Current through September 30, 2024
Section 120.213 - What fixed interest rates may a Lender charge?
(a)Fixed Rates for Guaranteed Loans. A loan may have a reasonable fixed interest rate. SBA periodically publishes the maximum allowable rate in the FEDERAL REGISTER.
(b)Direct loans. A statutory formula based on the cost of money to the Federal government determines the interest rate on direct loans. SBA publishes the rate periodically in the FEDERAL REGISTER.

13 C.F.R. §120.213