[Federal Register Volume 78, Number 59 (Wednesday, March 27, 2013)] [Notices] [Page 18664] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 2013-06959] [[Page 18664]] ----------------------------------------------------------------------- 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 2.500 (2\1/2\) percent for the April-June quarter of FY 2013. 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. Michael A. Simmons, Acting Director, Office of Financial Assistance. [FR Doc. 2013-06959 Filed 3-26-13; 8:45 am] BILLING CODE P