Small Business Administration 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...
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 6.500 (6
1/2
) percent for the April-June quarter of FY 2000.
Arnold S. Rosenthal,
Acting Deputy Associate Administrator for Financial Assistance.
13 CFR 120.214