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Montana
Board of Investments |
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Commercial Loan Rate Sheet |
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Interest Rates |
03-Jul-08 |
Through |
09-Jul-08 |
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COMMERCIAL, MULTI-FAMILY, AND AGRICULTURE RATES |
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Fed Guarantee (1)(2) |
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Loan (4) |
RBS/FSA/BIA/SBA(3) |
Participation (1)(2) |
Link |
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Term |
Monthly |
Annual |
Monthly |
Annual |
Quarterly |
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5 Yrs. |
6.140% |
6.440% |
6.540% |
7.090% |
7.500% |
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10 Yrs. |
6.810% |
7.110% |
7.210% |
7.760% |
8.000% |
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15 Yrs. |
7.130% |
7.430% |
7.530% |
8.080% |
8.500% |
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20 Yrs. |
7.590% |
7.940% |
7.990% |
8.590% |
9.000% |
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25 Yrs. |
7.950% |
8.300% |
8.350% |
8.950% |
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30 Yrs. |
8.360% |
8.710% |
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(1)
Up To 2.50% Rate Reduction From Posted Rate Available For Jobs Created By
Borrower. |
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(2)
0.50% Rate Reduction For Borrower's Aggregate Small Business Loans Totaling
Less Than $369,000. |
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(3)
SBA 7(a) Loans: For "ongoing service fee" add 0.494% (49.4 basis
points) for loans authorized on or after October 1, 2007. |
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(4)
If the loan term is "between" posted loan terms, use the next
higher rate. |
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Lenders are reminded to notify MBOI
at least 30 days prior to the lender submitting a request for funding, as
provided by Section 5 ( c ) of the Commercial Loan Policy. |
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Private Annual Wage Effective July 1, 2008 |
$31,426 |
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Prime Rate |
5.00% |
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Additional Rate
Information: |
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Commercial Rates: Herb Kulow 444-1218 or Nancy
Rivera 444-1217 |
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Commercial Loan Program -
Accounting Staff contact: |
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Accountant/Commercial
Loan Program: Rachel Fairbank, 444-0787 or by email: rfairbank@mt.gov |
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