--- title: Now might be the right time to build or expand your manufacturing, commercial, or industrial facility in Minnesota. The 20-year averaged effective SBA 504 Rate has dropped! description: "\"Looking to expand your manufacturing or commercial facility in MN? With SBA 504 rates at all-time historic lows, now might be the time. Contact APPRO Development to learn more." --- office@approdevelopment.com info@cerron.com [![Commercial Real Estate Solutions Providers - Appro and Cerron](https://blog.approdevelopment.com/hs-fs/hubfs/raw_assets/public/ApproDevelopment_Oct2020/images/dual_logo_400_offset2.png?width=400&height=225&name=dual_logo_400_offset2.png "Commercial Real Estate Solutions Providers - Appro and Cerron")](https://approdevelopment.com/) - [Home](https://approdevelopment.com/) - [Appro Design & Build](https://approdevelopment.com/design-build/) - [Current Projects](https://approdevelopment.com/design-build/current-projects/) - [Land Development](https://approdevelopment.com/design-build/land-development/) - [Design & Build](https://approdevelopment.com/design-build/design-build/) - [General Contractor](https://approdevelopment.com/design-build/general-contractor/) - [Completed Construction Projects](https://approdevelopment.com/design-build/completed-projects/) - [Cerron Real Estate](https://approdevelopment.com/real-estate/) - [Property Search](https://approdevelopment.com/property-search/) - [Commercial Brokerage Services](https://approdevelopment.com/real-estate/brokerage-services/) - [Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/) - [Industrial Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/industrial-real-estate-for-lease/) - [Office Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/office-real-estate-for-lease/) - [Retail Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/retail-real-estate-for-lease/) - [Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/) - [Land For Sale](https://approdevelopment.com/real-estate/land-for-sale/) - [Industrial Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/industrial-real-estate-for-sale/) - [Office Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/office-real-estate-for-sale/) - [Retail Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/retail-real-estate-for-sale/) - [Unique & Special Use Properties For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/unique-special-use-properties-for-sale/) - [MN Investment Real Estate For Sale](https://approdevelopment.com/real-estate/investment-real-estate/) - [Services](https://approdevelopment.com/services/) - [Finance Resources](https://approdevelopment.com/design-build/finance-resources/) - [1031 Tax Deferred Exchange](https://approdevelopment.com/design-build/1031-tax-deferred-exchange/) - [Cost Segregation](https://approdevelopment.com/design-build/cost-segregation/) - [About Us](https://approdevelopment.com/about-us/) - [Testimonials](https://approdevelopment.com/testimonials/) - [Meet Our Team](https://approdevelopment.com/about-us/meet-the-team/) - [Mission, Vision, Values](https://approdevelopment.com/mission-statement/) - [In the Community](https://approdevelopment.com/in-the-community/) - [Property Solutions Newsletter](https://approdevelopment.com/newsletter-archives/) - [Safety Mission](https://approdevelopment.com/design-build/safety-mission/) - [Contact Us](https://approdevelopment.com/contact-us/) - [Resources](https://approdevelopment.com/resources/) - [Mortgage Calculator](https://approdevelopment.com/mortgage-calculator/) - [Space Calculator](https://approdevelopment.com/space-calculator/) - [Lean Principles](https://approdevelopment.com/services/lean-principles/) - [Finance Resources](https://approdevelopment.com/design-build/finance-resources/) - [1031 Tax Deferred Exchange](https://approdevelopment.com/design-build/1031-tax-deferred-exchange/) - [Cost Segregation](https://approdevelopment.com/design-build/cost-segregation/) - [Subcontractor Info](https://approdevelopment.com/design-build/subcontractor-info/) - [Property Owner](Javascript:void(0);) - [Building Maintenance Checklist](Javascript:void(0);) - [Blog](https://blog.approdevelopment.com/) × - [Home](https://approdevelopment.com/) - [Appro Design & Build](https://approdevelopment.com/design-build/) - [Current Projects](https://approdevelopment.com/design-build/current-projects/) - [Land Development](https://approdevelopment.com/design-build/land-development/) - [Design & Build](https://approdevelopment.com/design-build/design-build/) - [General Contractor](https://approdevelopment.com/design-build/general-contractor/) - [Completed Construction Projects](https://approdevelopment.com/design-build/completed-projects/) - [Cerron Real Estate](https://approdevelopment.com/real-estate/) - [Property Search](https://approdevelopment.com/property-search/) - [Commercial Brokerage Services](https://approdevelopment.com/real-estate/brokerage-services/) - [Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/) - [Industrial Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/industrial-real-estate-for-lease/) - [Office Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/office-real-estate-for-lease/) - [Retail Real Estate For Lease](https://approdevelopment.com/real-estate/real-estate-for-lease/retail-real-estate-for-lease/) - [Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/) - [Land For Sale](https://approdevelopment.com/real-estate/land-for-sale/) - [Industrial Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/industrial-real-estate-for-sale/) - [Office Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/office-real-estate-for-sale/) - [Retail Real Estate For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/retail-real-estate-for-sale/) - [Unique & Special Use Properties For Sale](https://approdevelopment.com/real-estate/real-estate-for-sale/unique-special-use-properties-for-sale/) - [MN Investment Real Estate For Sale](https://approdevelopment.com/real-estate/investment-real-estate/) - [Services](https://approdevelopment.com/services/) - [Finance Resources](https://approdevelopment.com/design-build/finance-resources/) - [1031 Tax Deferred Exchange](https://approdevelopment.com/design-build/1031-tax-deferred-exchange/) - [Cost Segregation](https://approdevelopment.com/design-build/cost-segregation/) - [About Us](https://approdevelopment.com/about-us/) - [Testimonials](https://approdevelopment.com/testimonials/) - [Meet Our Team](https://approdevelopment.com/about-us/meet-the-team/) - [Mission, Vision, Values](https://approdevelopment.com/mission-statement/) - [In the Community](https://approdevelopment.com/in-the-community/) - [Property Solutions Newsletter](https://approdevelopment.com/newsletter-archives/) - [Safety Mission](https://approdevelopment.com/design-build/safety-mission/) - [Contact Us](https://approdevelopment.com/contact-us/) - [Resources](https://approdevelopment.com/resources/) - [Mortgage Calculator](https://approdevelopment.com/mortgage-calculator/) - [Space Calculator](https://approdevelopment.com/space-calculator/) - [Lean Principles](https://approdevelopment.com/services/lean-principles/) - [Finance Resources](https://approdevelopment.com/design-build/finance-resources/) - [1031 Tax Deferred Exchange](https://approdevelopment.com/design-build/1031-tax-deferred-exchange/) - [Cost Segregation](https://approdevelopment.com/design-build/cost-segregation/) - [Subcontractor Info](https://approdevelopment.com/design-build/subcontractor-info/) - [Property Owner](Javascript:void(0);) - [Building Maintenance Checklist](Javascript:void(0);) - [Blog](https://blog.approdevelopment.com/)   # **APPRO and CERRON Blog**   # Now might be the right time to build or expand your manufacturing, commercial, or industrial facility in Minnesota. The 20-year averaged effective SBA 504 Rate has dropped! Published by [Kathy Morse](https://blog.approdevelopment.com/author/kathy-morse) on Aug 18, 2010 8:03:42 AM According to the SBA (as published by SPEDCO – August 10, 2010), “the new SBA 504 interest rate is so low that even Tiger Woods is jealous: the 20-year averaged effective rate for the month of August is **4.931%**! The 10-year averaged effective rate remains at **4.169**% - these rates are all-time historic lows!” Contact [APPRO Development](http://www.approdevelopment.com/contact-us/) to learn more about [financial planning](http://www.approdevelopment.com/design-build/finance-resources/) for your [commercial](http://www.approdevelopment.com/design-build/office-warehouse/), [industrial, or manufacturing](http://www.approdevelopment.com/design-build/completed-projects/industria/) project. As a [design build](http://www.approdevelopment.com/design-build/architectural-design/) [general contractor](http://www.approdevelopment.com/design-build/general-contractor/), we can help with your expansion plans! Tags: [Financial Topics](https://blog.approdevelopment.com/topic/financial-topics), [Architectural Services](https://blog.approdevelopment.com/topic/architectural-services), [Warehouse / Industrial Space](https://blog.approdevelopment.com/topic/warehouse-industrial-space), [General Contractor](https://blog.approdevelopment.com/topic/general-contractor), [Completed Projects](https://blog.approdevelopment.com/topic/completed-projects) [Back to Blog](https://blog.approdevelopment.com) ## Related Articles ## [With A Historically Low SBA Rate, Building A New Office, Warehouse, Retail or Other Commercial Property in Minnesota is a Smart Move!](https://blog.approdevelopment.com/financial-topics/with-a-historically-low-sba-rate-building-a-new-office-warehouse-retail-or-other-commercial-property-in-minnesota-is-a-smart-move) According to the SBA (as published by SPEDCO – July 13, 2010), “the SBA effective rate dropped this... [Read More](https://blog.approdevelopment.com/financial-topics/with-a-historically-low-sba-rate-building-a-new-office-warehouse-retail-or-other-commercial-property-in-minnesota-is-a-smart-move) ## [Should you refinance?](https://blog.approdevelopment.com/financial-topics/should-you-refinance) I recently received an e-mail from SPEDCO with the following information. The 20-year SBA effective... [Read More](https://blog.approdevelopment.com/financial-topics/should-you-refinance) ## [Growing Optimism in the Manufacturing Field Means It's Time To Think About LEED/Green Building Updates](https://blog.approdevelopment.com/financial-topics/optimism-in-the-manufacturing-field)  [Read More](https://blog.approdevelopment.com/financial-topics/optimism-in-the-manufacturing-field) --- ![APPRO Development & CERRON Commercial Properties](https://blog.approdevelopment.com/hubfs/raw_assets/public/ApproDevelopment_Oct2020/images/dual_logo_400_offset1.png "APPRO Development & CERRON Commercial Properties") --- #### Contact Us --- --- #### About Us At APPRO Development and CERRON Commercial Properties, creating real estate solutions for our clients is our life’s work. We truly understand that a new commercial building facility, expansion or purchase is a major investment of not only time, but hard-earned money. --- [Privacy Policy](https://approdevelopment.com/privacy-policy/) | [COVID-19 Policy](https://approdevelopment.com/covid-19-policy/) --- #### Contact Us --- APPRO DEVELOPMENT (952) 469-2171 --- CERRON PROPERTIES (952) 469-9444 Copyright © 2026 APPRO Development & CERRON Properties 21476 Grenada Avenue, Lakeville, MN 55044 All Rights Reserved.