SMALL BUSINESS ADMINISTRATION Interest Rates The Small Business Administration publishes an interest rate called the Optional Peg Rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans. This rate will be 4.63 percent for the July – September quarter of FY 2024. Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for any Third Party Lender’s commercial loan which funds any portion of the cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New York Prime rate or, if that exceeds the maximum interest rate permitted by the constitution or laws of a given State, the maximum interest rate will be the rate permitted by the constitution or laws of the given State. David Parrish, Chief, Secondary Market Division. [FR Doc. 2024-14233 Filed: 6/27/2024 8:45 am; Publication Date: 6/28/2024]