1 The NEC National Electrical Code does not specify a minimum height for a service meter, however the typical minimum height for mounting a service meter on side of a house is 5 to 6 feet above the finished grade or level ground.
Historically, in North American banking, the prime rate was the actual interest rate, although this is no longer the case. The prime rate varies little among banks and adjustments are generally made by banks at the same time, although this does not happen frequently. The prime rate is currently 3.25% in the United States and 2.85% in Canada.
But the pay-off is lower interest rates. For an SBA-backed loan, the lender can't charge more than the prime rate (as published in the Wall Street Journal), plus 2.25% for a loan due in less than seven years. The prime rate is currently 3.25%. This would bring your interest rate to a maximum of 5.5%. For loans due in more than seven years, the maximum interest rate is prime plus 2.75%, which would bring it to 6%. The SBA allows lenders to pass along certain fees to borrowers.