SBA Prepay Commentary

February 2020 SBA Prepayment Speeds

February 2020

SBA 7(a) prepayment speeds for the month of February saw mixed results for Equipment pools and generally decreased for Real-Estate pools. Equipment loan pools experienced a small drop overall, going from 18.0 to 17.6 CPR, though results were mixed on a vintage-by-vintage basis. Real-Estate loan pools decreased from 23.5 to 18.9 CPR, with most individual vintages experiencing decreases of varying severity.

Equipment Loan Pool CPRs

Real-Estate Loan Pool CPRs

SBA Prepayment Tables (Click for Details)

Prepared according to methodologies described by SIFMA.

Kevin A. Smith, CFA

SVP, Director Investment Product Strategies

Vining Sparks

Adam Hofer

Analyst, Investment Product Strategies

Vining Sparks

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