The latest issue of Banknotes by the Community Bankers Association of Illinois includes a piece by SomerCor VP & Loan Officer, Eric Bacon.
The federal government doubled down on Small Business Administration (SBA) lending programs as a key economic recovery tool. In addition to funding for the Paycheck Protection Program and Economic Injury Disaster Loans, recently enacted legislation includes several enhancements to the SBA 504 program. Check out the article below to learn about the key 504 program changes that can serve small business borrowers and lenders as commerce rebounds in 2021.
Community Bankers Association of Illinois – Banknotes Magazine, March 2021
Download the program flyer and connect with a member of SomerCor’s loan origination team to learn more about how the SBA 504 loan program supports improved cash flow for small businesses.
 Margaret Griffin EVP, Chief Lending Officer mgriffin@somercor.com LinkedIn Profile |
 Brian Comiskey EVP, Chief Credit Officer bcomiskey@somercor.com LinkedIn Profile |
 Elisabeth Williams VP, Loan Officer ewilliams@somercor.com LinkedIn Profile |
 Eric Bacon VP, Loan Officer ebacon@somercor.com LinkedIn Profile |