Many standard SBA 7(a) loans price around Prime plus 1% to 3%, while smaller loans may carry higher allowed spreads.
Current SBA 7(a) loan interest rates are commonly based on the Prime Rate plus a lender spread. For many standard 7(a) loans, practical pricing is often around Prime plus 1% to 3%, depending on loan size, term, borrower strength, and lender policy.
As of April 2026, Prime is 6.75%, so Prime plus 1% to 3% would equal roughly 7.75% to 9.75%. Smaller SBA 7(a) loans may allow higher spreads and may price above that range.
A quoted SBA 7(a) rate should be reviewed together with term, fees, amortization, prepayment provisions, and total monthly payment.
Standard SBA 7(a) pricing is often Prime plus 1% to 3%, while smaller loans may price higher and 504 uses blended rates.
SBA rates today depend on Prime, lender spread, loan size, and program, with many standard 7(a) loans at Prime plus 1% to 3%.
SBA 504 pricing is best viewed as a blended effective rate combining the bank first mortgage and the CDC/SBA second.
Fixed SBA loan rates offer payment stability, while variable rates may start lower but can change with market conditions.
Have an SBA loan scenario to review? Market Direct Capital can help evaluate structure, eligibility, and next steps.
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