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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 4.875 (47/8) percent for the July-September quarter of FY 2007.
Start SignatureGrady B. Hedgespeth,
Director, Office of Financial Assistance.
[FR Doc. E7-13150 Filed 7-6-07; 8:45 am]
BILLING CODE 8025-01-P
Document Information
- Published:
- 07/09/2007
- Department:
- Small Business Administration
- Entry Type:
- Notice
- Document Number:
- E7-13150
- Pages:
- 37304-37304 (1 pages)
- PDF File:
- e7-13150.pdf