Has anyone found a SBA lender who is using the optional SBA Peg rate?

April 12, 2024
by an intermediary from Pepperdine University in Portland, OR, USA
With Prime so high, I've been surprised that none of the lenders I interact with seem to be using the optional quarterly published SBA peg rate for their index portion of the interest rate, instead of the currently much higher Prime rate. I've been told that this is due to the ability to sell the loan on the secondary market. Has anyone encountered a SBA lender who is using the optional SBA peg rate (maybe doing portfolio loans rather than packaging and selling on the secondary market)?
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
from University of California, Berkeley in San Francisco Bay Area, CA, USA