--- title: SBA Rates Amazing - even amid a pandemic! description: SBA Rates are amazing even amid a pandemic. 2020 has been a crazy year, but SBA lending rates have remained low and may be an ideal solution for businesses image: https://blog.approdevelopment.com/hubfs/Stock%20images/Business%20woman%20hands%20holding%20white%20card%20sign%20with%20business%20loan%20text%20message%20isolated%20on%20grey%20wall%20office%20background.%20Retro%20instagram%20style%20image.jpeg --- 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/) - 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even amid a pandemic! Published by [Andrea Kaderlik](https://blog.approdevelopment.com/author/andrea-kaderlik) on Dec 15, 2020 1:20:51 PM ![Business woman hands holding white card sign with business loan text message isolated on grey wall office background. Retro instagram style image](https://blog.approdevelopment.com/hs-fs/hubfs/Stock%20images/Business%20woman%20hands%20holding%20white%20card%20sign%20with%20business%20loan%20text%20message%20isolated%20on%20grey%20wall%20office%20background.%20Retro%20instagram%20style%20image.jpeg?width=1000&name=Business%20woman%20hands%20holding%20white%20card%20sign%20with%20business%20loan%20text%20message%20isolated%20on%20grey%20wall%20office%20background.%20Retro%20instagram%20style%20image.jpeg)Even amid a pandemic, SBA rates are amazing! According to a new marketing piece issued by our friends over at [SPEDCO](http://www.spedco.com), "SBA 504 rates remain extremely low."  We would recommend to any business owner looking for financing options for their business to review the options available through the U.S. Small Business Administration (SBA). Financing is available for the purchase of equipment, land, or buildings, and refinance options also exist.  As of the date of this posting, SBA504 rates for loans funding in December, 2020, remain very low: - 25-year term - 2.471%\* - 20-year term  2.427%\* The team at APPRO and CERRON, your "go-to" design-build and commercial real estate professionals, are here to help in any way, as you consider your commercial or industrial space options for 2021. Now is a great time to get your next project teed up! We are always just a click or a call *(952.469.2171 or 952.469.9444)* away! [![Contact Us](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/406559/a783137d-3d9e-4401-98fb-1695e85a9889.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/406559/a783137d-3d9e-4401-98fb-1695e85a9889) \*As quoted by [SPEDCO](http://www.spedco.com/). APPRO and CERRON are not lenders; it is recommended that you seek counsel from a professional lender, tax and/or accounting professional when considering your financing options.  Tags: [Lending & Finance](https://blog.approdevelopment.com/topic/lending-finance), [Architectural Design](https://blog.approdevelopment.com/topic/architectural-design) [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) ## [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!](https://blog.approdevelopment.com/financial-topics/now-might-be-the-right-time-to-build-or-expand-your-manufacturing-commercial-or-industrial-facility-in-minnesota-the-20-year-averaged-effective) According to the SBA (as published by SPEDCO – August 10, 2010), “the new SBA 504 interest rate is... [Read More](https://blog.approdevelopment.com/financial-topics/now-might-be-the-right-time-to-build-or-expand-your-manufacturing-commercial-or-industrial-facility-in-minnesota-the-20-year-averaged-effective) ## [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) --- ![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. 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