Prime Rate = 6.75%
Fixed Interest Rate Base = Prime [+ allowable spreads]
Maximum Allowable Fixed Rates >
SBA Optional Peg Rate = 4.50% [January 1, 2026 – March 31, 2026]
[SOP 50 10 5, “Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up.”]
SBA LIBOR was officially sunset on 6/30/2023
History of SBA LIBOR base rate >
