CFR > Title 13 - Business Credit and Assistance > CHAPTER I—SMALL BUSINESS ADMINISTRATION > PART 120—BUSINESS LOANS > SUBPART B—Policies Specific to 7(a) Loans (§120.200 to §120.223) > 120.215—What interest rates apply to smaller loans?

120.215—What interest rates apply to smaller loans?

For a loan over $25,000 but not exceeding $50,000, the interest rate may be one percent more than the maximum interest rate described above. For a loan of $25,000 or less, the maximum interest rate described above may be increased by two percentage points.

Code of Federal Regulations

[61 FR 3235, Jan. 31, 1996; 61 FR 7986, Mar. 1, 1996]