[Federal Register Volume 84, Number 249 (Monday, December 30, 2019)] [Notices] [Page 72101] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2019-28188] ======================================================================= ----------------------------------------------------------------------- SMALL BUSINESS ADMINISTRATION Interest Rates The Small Business Administration publishes an interest rate called the optional ``peg'' rate (13 CFR 120.214) on a quarterly basis. This rate is a weighted average cost of money to the government for maturities similar to the average SBA direct loan. This rate may be used as a base rate for guaranteed fluctuating interest rate SBA loans. This rate will be 1.88 percent for the January-March quarter of FY 2020. Pursuant to 13 CFR 120.921(b), the maximum legal interest rate for any third party lender's commercial loan which funds any portion of the cost of a 504 project (see 13 CFR 120.801) shall be 6% over the New York Prime rate or, if that exceeds the maximum interest rate permitted by the constitution or laws of a given State, the maximum interest rate will be the rate permitted by the constitution or laws of the given State. Dianna L. Seaborn, Director, Office of Financial Assistance. [FR Doc. 2019-28188 Filed 12-27-19; 8:45 am] BILLING CODE 8025-01-P