On Tuesday, March 29th, SomerCor President & CEO, Manuel Flores, testified at a House Small Business Committee hearing titled – Catalyzing Economic Growth through SBA Community-Based Lending. It was a great opportunity to share with legislators the integral role CDCs play in bringing economic development resources to communities across the nation, especially through the deployment of the SBA 504 program. You can view the entire hearing below (note: SomerCor opening statement begins at the 13:25 minute mark) and read a copy of the testimony submitted for the Congressional Record here.

To learn more about how the SBA 504 program, download the program flyer and connect with a member of SomerCor’s loan origination team.

Margaret Griffin

EVP, Chief Lending Officer
312.360.3320
mgriffin@somercor.com

Eric Bacon

SVP, Loan Officer
312.360.3335
ebacon@somercor.com

Darin Gehrke

SVP, Loan Officer
217.793.1075
dgehrke@somercor.com

Elisabeth Williams

SVP, Loan Officer
312.360.3302
ewilliams@somercor.com