What interest rate applies after SBA purchases its guaranteed portion?

CFR · 2024-01-01 · US · Title 13

When SBA purchases the guaranteed portion of a fixed interest rate loan, the rate of interest remains as stated in the note. On loans with a fluctuating interest rate, the interest rate that the Borrower owes will be at the rate in effect at the time of the earliest

official document · source cfr-2024 · id 13:§ 120.521