Rochester Office
220 South Broadway
Suite 100
Rochester, MN 55904
Phone 507.288.6442
Fax 507.282.8960

Mankato Office
1961 Premier Drive
Suite 202
Mankato, MN 56001
Phone 507.625.6056
Fax 507.625.6173

Dwayne Lee
Director of Business
Development

Rochester Office
507.288.6442

Laura Hart
Loan Services
Rochester Office
507.288.6442

Jim Snackenberg
Sr. Business
Development Officer

Mankato Office 507.625.6056

 

Our Rates

SBA 504 Current and Historic Rates**

20 Year Loan 

2012
 Refinance 
2011  
January 
4.84
 5.04     5.74
February      6.07
March      5.94
April      5.90
May      5.64
June      5.52
July
 
  5.59
August 
  
  5.14
September      4.70
October      4.61
November     4.72
December 
 
  4.95


10 Year Loan  

2012
Refinance
2011   
January 
3.82
 4.34 4.71
March       4.89
May          4.59
July     4.50
September       3.77
November 
  
  3.76

 

*Note: 10 year bonds are sold every other month
**The table represents the approximate effective interest rate by averaging the note rate
plus all fees, amortized over the life of the loan.