Rate Information
Find an SBA 504 Loan With a Rate That Works For You
The SDDC provides low interest, fixed-rate small business loans called SBA 504 loans. We work with banks to bring your loans with 10, 20 or 25 year terms, so you can apply for the loan best suited for you.
October 2026
Current SBA 504 Rates
6.60%
10 Year
6.97%
20 Year
6.97%
25 Year
Current SBA 504 Refinance Rates
6.54%
20 Year
6.54%
25 Year
*rates vary depending on date of approval and fees at the time of approval and funding
Current SBA 504 Manufacturing Rates
6.3%
10 Year
6.74%
20 Year
6.74%
25 Year
**The SBA is expanding fee relief for eligible businesses in FY2027. In addition to manufacturers, qualifying rural businesses and food supply chain businesses may now benefit from waived upfront guaranty fees and annual service fees on SBA 504 loans approved October 1, 2026, through September 30, 2027. That means potential savings and an even better opportunity to invest in your business’s future.
Email jennifer@thinksddc.com
Phone (605) 275-1504
Address 196 E. 6th Street Suite #200 Sioux Falls, SD 57104