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SBA 504 Loan Rates

10-Year Treasury Rate + Risk-Based Spreads

FRED API (Live) · Updated: 5/22/2026, 6:35:05 PM
Current 10Y TreasuryDGS10
4.57%

Latest Data

Good Profile+1.25%
5.82%

Treasury + 1.25%

Average Profile+2%
6.57%

Treasury + 2%

Poor Profile+2.75%
7.32%

Treasury + 2.75%

SBA 504 Loan Rates
3 Year 10-Year Treasury Rate History + Risk-Based Spreads
FAQ
History Range
Good (+1.25%)
Average (+2%)
Poor (+2.75%)
Period High
4.98%
Period Low
3.61%
Period Avg
4.24%
Current vs Avg
+0.33%
SBA 504 Loan Pricing

The 10-Year Treasury Constant Maturity Rate (DGS10) is the base rate used for SBA 504 loans. This rate reflects long-term market conditions and serves as the foundation for SBA 504 loan pricing.

Risk-Based Spreads

SBA 504 loan rates are calculated as 10-Year Treasury Rate + Risk-Based Spread. The spread depends on your credit profile and business risk:

  • Good Profile (+1.25%): Strong credit history, established business, low risk profile
  • Average Profile (+2%): Moderate credit history, some business history, standard risk profile
  • Poor Profile (+2.75%): Weaker credit history, newer business, higher risk profile

SBA 504 loan rate estimates are based on historical 10-Year Treasury Rate data and typical risk-based spreads. This is for informational purposes only and should not be considered financial advice. Actual rates may vary based on lender, loan terms, and individual creditworthiness.

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