[jvm]

7% is a low interest rate for an unsecured small business loan.

I'm not 100% sure what the FRED chart you cited means by "Effective Loan Rate for Small Business Administration" but those are most likely collateralized.

[schleiss]

I can't really tell. I haven't taken a loan yet.

Let's just hope for all borrowers inflation remains "transitory" and growing, than it isn't such a big deal.