The effective interest rate for the 20-year SBA 504 program has dipped below four percent for the second consecutive month. This is the lowest rate since the beginning of the program 33 years ago. This is great news for businesses looking to expand to a new location or purchase the equipment needed to elevate their business to the next level. The SBA 504 20-year rate is now 159 bps below prime, becoming an increasingly attractive alternative to conventional financing for both lending partners and borrowers. We have an unprecedented opportunity to grow businesses here in Ohio.