Interest Rates
20 Year Debenture
Rate History
| August | 2009 | 4.45% |
| September | 2009 | 4.20% |
| October | 2009 | 3.92% |
| November | 2009 | 4.09% |
| December | 2009 | 4.05% |
| January | 2010 | 4.38% |
| February | 2010 | 4.14% |
| March | 2010 | 4.19% |
| April | 2010 | 4.36% |
| May | 2010 | 4.11% |
| June | 2010 | 3.88% |
July: 3.80%*
* Does not include annual servicing fees of approximately 1.25%
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The 504 Loan Program is designed to help small businesses purchase capital assets such as buildings, remodeling and heavy equipment.
Fees for both borrowers and lenders on 504 loans have been temporarily eliminated.
Learn more on how you can reinvest in your business property with help from the City of Chicago’s Small Business Improvement Fund (SBIF) program.