StacksVerified U.S. regulatory reference

13 CFR §120.213

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Fixed Rates for Guaranteed Loans. A loan may have a reasonable fixed interest rate. SBA periodically publishes the maximum allowable rate in the Federal Register.
  2. (b)Direct loans. A statutory formula based on the cost of money to the Federal government determines the interest rate on direct loans. SBA publishes the rate periodically in the Federal Register.