94-23830. Interest Rates

[Federal Register Volume 59, Number 186 (Tuesday, September 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-23830]


[[Page Unknown]]

[Federal Register: September 27, 1994]


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SMALL BUSINESS ADMINISTRATION
 

Interest Rates

    The interest rate on Section 7(a) Small Business Administration 
direct loans (as amended by PL 97-35) and the SBA share of immediate 
participation loans is 8\3/8\ percent for the fiscal quarter beginning 
September 1, 1995.
    On a quarterly basis, the Small Business Administration also 
publishes an interest rate called the optional ``peg'' rate (13 CFR 
122.8-4 (d)). This rate is a weighted average cost of money to the 
government for maturities similar to the average SBA loan. This rate 
may be used as a base rate for guaranteed fluctuating interest rate SBA 
loans. For the September-December quarter of FY 95, this rate will be 
7\3/8\ percent.

    Dated: September 22, 1994.
John R. Cox,
Associate Administrator for Financial Assistance.
[FR Doc. 94-23830 Filed 9-26-94; 8:45 am]
BILLING CODE 8025-01-M