News

SomerCor 504 has been selected as the Illinois Community Advantage Lender of the Year.

June 5, 2017    CAL


SomerCor 504 has been selected as the Illinois Community Advantage Lender of the Year. This award is presented to the lender that provided the best overall support for the Community Advantage loan program based upon the number of loans delivered to small businesses in Illinois in 2016. To date, SomerCor has assisted 26 small businesses through the Community Advantage program representing over $3.5 million in financing. Nearly 2/3 of all loans made to date have been to identified SBA Underserved Markets.