Let&#x27;s understand what negative interest rates mean for US Banks. It likely means an increase in low margin loans and reserves for those loans - to a universe of borrowers no bigger, possibly even smaller, than at present. Negative interest rates do not loosen reserve requirements.  They do not loosen lending standards.  They do put downward pressure on the host country&#x27;s currency, perhaps less so for the United States, due to the level of global anxiety. They create a &quot;race to the bottom&quot; for currencies and interest rates that is structurally unhealthy.  Now compare that to doubling or tripling SBA loans and weigh the risks.