Recent ISRF Interest Rates
IBank uses a proprietary interest rate method to ensure borrowers have the best chance to receive below-market interest rates.
Recent ISRF Program Loans – Approved Interest Rates
| Board Approved Date | Borrower Name | Project Name | Loan Amount | Term | All-In Interest Rate |
|---|---|---|---|---|---|
| 8/23/2023 | City of San Diego | Organics Processing Facility | $40,000,000 | 20 Years | 4.04% |
| 1/25/2023 | City of Pacifica | Phase 1: Lower Linda Mar Rehab and Replacement and UV Disinfection System Replacement Project | $21,000,000 | 30 Years | 4.36% |
| 12/21/2022 | Tiburon Fire Protection District | Fire Station 10 Project | $4,300,000 | 30 Years | 4.44% |
| 12/21/2022 | City of Watsonville | Landfill Phase IV Construction Project | $6,000,000 | 25 Years | 4.23% |
| 10/19/2022 | County of Sacramento | NARS Commercial Waste Transfer Building Project | $35,000,000 | 30 Years | 4.67% |
