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SBA Rate Tracker

Most 7(a) loans float at prime plus a spread; this page tracks the number that moves every payment.

Prime Rate Today

6.75%

In effect since Dec 11, 2025

Typical Borrower Pays

~9%

Prime + ~2.25% spread

6%6.5%7%7.5%8%8.5%9%
Prime rate by effective date since mid-2023. Variable 7(a) pricing is quoted as prime plus a negotiated spread.

Change History

Effective DatePrime RateTypical Borrower (~+2.25%)
Dec 11, 20256.75%~9.00%
Oct 30, 20257%~9.25%
Sep 18, 20257.25%~9.50%
Dec 19, 20247.5%~9.75%
Nov 8, 20247.75%~10.00%
Sep 19, 20248%~10.25%
Jul 27, 20238.5%~10.75%

See What a Rate Change Does to Your Deal

The SBA Acquisition Calculator uses these figures; a quarter point moves the payment on a typical seven-figure loan by more than most buyers expect. Full lending statistics live on the SBA Loan Statistics page.

Everything here is educational information, not financial, legal, tax, or investment advice. Figures are estimates or cited third-party data; verify anything that matters against primary sources and your own advisors before acting on it.