Treasury
3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch 3-MO 4.26% -2bp 6-MO 4.34% -1bp 1-YR 4.46% -3bp 2-YR 4.74% -3bp 3-YR 4.82% -3bp 5-YR 4.89% -2bp 7-YR 4.98% -2bp 10-YR 5.09% -1bp 20-YR 5.47% -1bp 30-YR 5.43% unch
US Treasury par yield curve · Oct 16 · Source: U.S. Treasury
Friday, October 16, 2026
U.S. Edition
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Small Business

SBA borrowers can now stack 7(a) and 504 loans to $10 million

Money & World
The Editorial Team ·
A photograph illustrating warehouse forklift pallets. Stock photo
Stock photo. Not the actual scene. Photo: amerimet suppliers / Pexels

The change took effect on July 4. A borrower who takes a 7(a) loan first may now also access up to $5 million through the 504 program, for $10 million in combined SBA-backed financing. The prior cumulative ceiling across both programs was $5 million. The maximum single 7(a) loan is unchanged at $5 million. SBA describes the move as decoupling 7(a) balances from the 504 program, and points to construction, logistics, energy and food production borrowers who pair long-term real estate and equipment financing with working capital. Small manufacturers, who may already take an unlimited number of 504 loans so long as each is tied to a distinct project, may add $5 million of 7(a) on top. Administrator Kelly Loeffler announced the policy on May 18.

The document: SBA, doubling the cumulative 7(a) and 504 loan limit to $10 million.

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