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Business or Agricultural Loans

 
Beginning
Fed Discount Rate
Excess
Max. Rate

2-19-10

0.75%

4.50%

5.25%

12-16-08

0.50%

4.50%

5.00%

10-30-08

1.25%

4.50%

5.75%

10-8-08

1.75%

4.50%

6.25%

4-30-08

2.25%

4.50%

6.75%

3-19-08

2.50%

4.50%

7.00%

3-17-08

3.25%

4.50%

7.75%

1-31-08

3.50%

4.50%

8.00%

1-22-08

4.00%

4.50%

8.50%

12-12-07

4.75%

4.50%

9.25%

11-1-07

5.00%

4.50%

9.50%

9-18-07

5.25%

4.50%

9.75%

8-17-07

5.75%

4.50%

10.25%

6-29-06

6.25%

4.50%

10.75%

5-10-06

6.00%

4.50%

10.50%

3-28-06

5.75%

4.50%

10.25%

2-2-06

5.50%

4.50%

10.00%

12-13-05

5.25%

4.50%

9.75%

11-1-05

5.00%

4.50%

9.50%

9-20-05

4.75%

4.50%

9.25%

8-9-05

4.50%

4.50%

9.00%

6-30-05

4.25%

4.50%

8.75%

5-3-05

4.00%

4.50%

8.50%

3-22-05

3.75%

4.50%

8.25%

2-2-05

3.50%

4.50%

8.00%

12-14-04

3.25%

4.50%

7.75%

11-10-04

3.00%

4.50%

7.50%

9-21-04

2.75%

4.50%

7.25%

8-10-04

2.50%

4.50%

7.00%

6-30-04

2.25%

4.50%

6.75%

6-26-03

2.00%

4.50%

6.50%

1-9-03

2.25%

4.50%

6.75%

11-7-02

0.75%

4.50%

5.25%

12-13-01

1.25%

4.50%

5.75%

11-7-01

1.50%

4.50%

6.00%

10-3-01

2.00%

4.50%

6.50%

9-17-01

2.50%

4.50%

7.00%

8-22-01

3.00%

4.50%

7.50%

6-28-01

3.25%

4.50%

7.75%

5-17-01

3.50%

4.50%

8.00%

4-18-01

4.00%

4.50%

8.50%

3-20-01
4.50%
4.50%
9.00%
1-31-01
5.00%
4.50%
9.5%
1-4-01
5.50%
4.50%
10.00%
5-18-2000
6.00%
4.50%
10.50%
3-21-2000
5.50%
4.50%
10.00%
2-3-2000
5.25%
4.50%
9.75%
11-18-1999
5.00%
4.50%
9.50%

Note: Other factors may affect the maximum rate and a review of Minn. Stat. 334.011 should be made before relying on the rates listed above.