skip to content
Primary navigation
Feature image for

Business or Agricultural Loans

Beginning Fed Discount Rate Excess Max. Rate
03-16-17 1.5% 4.50% 6%
12-15-16 1.25% 4.50% 5.75%
12-17-15 1.00% 4.50% 5.50%
02-19-10 0.75% 4.50% 5.25%
12-16-08 0.50% 4.50% 5.00%
10-30-08 1.25% 4.50% 5.75%
10-08-08 1.75% 4.50% 6.25%
04-30-08 2.25% 4.50% 6.75%
03-19-08 2.50% 4.50% 7.00%
03-17-08 3.25% 4.50% 7.75%
01-31-08 3.50% 4.50% 8.00%
01-22-08 4.00% 4.50% 8.50%
12-12-07 4.75% 4.50% 9.25%
11-01-07 5.00% 4.50% 9.50%
09-18-07 5.25% 4.50% 9.75%
08-17-07 5.75% 4.50% 10.25%
06-29-06 6.25% 4.50% 10.75%
05-10-06 6.00% 4.50% 10.50%
03-28-06 5.75% 4.50% 10.25%
02-02-06 5.50% 4.50% 10.00%
12-13-05 5.25% 4.50% 9.75%
11-01-05 5.00% 4.50% 9.50%
09-20-05 4.75% 4.50% 9.25%
08-09-05 4.50% 4.50% 9.25%
06-30-05 4.25% 4.50% 6.75%
05-03-05 4.00% 4.50% 8.50%
03-22-05 3.75% 4.50% 8.25%
02-02-05 3.25% 4.50% 8.00%
12-14-04 3.25% 4.50% 7.75%
11-10-04 3.00% 4.50% 7.50%
09-21-04 2.75% 4.50% 7.25%
08-10-04 2.50% 4.50% 7.00%
06-30-04 2.25% 4.50% 6.75%
06-26-03 2.00% 4.50% 6.50%
01-09-03 2.25% 4.50% 6.75%
11-07-02 0.75% 4.50% 5.25%
12-13-01 1.25% 4.50% 5.75%
11-07-01 1.50% 4.50% 6.00%
10-03-01 2.00% 4.50% 6.50%
09-17-01 2.50% 4.50% 7.00%
08-22-01 3.00% 4.50% 7.50%
06-28-01 3.25% 4.50% 7.75%
05-17-01 3.50% 4.50% 8.00%
04-18-01 4.00% 4.50% 8.50%
03-20-01 4.50% 4.50% 9.00%
01-31-01 5.00% 4.50% 9.50%
01-04-01 5.50% 4.50% 10.00%
05-18-00 6.00% 4.50% 10.50%
03-21-00 5.50% 4.50% 10.00%
02-03-00 5.25% 4.50% 9.75%
11-18-99 5.00% 4.50% 9.50%

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

back to top