Month: January 2025

Brick corner building with painted "Blues" fence

Lee’s Unleaded Blues: NOF Feature in Grand Crossing

01/23/2025
Company Profile Lee’s Unleaded Blues Club has been a pillar of the Chicago blues community...
Bars/Restaurants / Chicago / Client Success Stories / NOF Grant
A man holding an ipad in his hand.

Warehousing & Logistics: Expand Your Reach With the SBA 504

01/22/2025
The warehouse and logistics industry is responsible for the movement, storage, and flow of goods....
Business Owner Resource / SBA 504 / Storage/Warehouse / Transportation/Logistics
Welcome banner with headshot and company logo

SomerCor Hires Michael Piazza to Expand SBA 504 Lending Team

01/17/2025
CHICAGO, IL – SomerCor, one of the largest non-profit Small Business Administration (SBA) 504 lenders...
Lender Resource / News and Updates / Press Release / SomerCor Updates
Two people smiling at a coffee bar

Surge Billiards, Inc: SomerCor SBA 504 Feature

01/16/2025
Surge Coffee Bar & Billiards was founded in 2017 by husband and wife, Wahib Merchant...
Bars/Restaurants / Client Success Stories / Entertainment / Illinois / Loan / Refinance / SBA 504 Refinance
Jan 25 Rate

January 2025 SBA 504 Interest Rates

01/09/2025
25 Year Term 6.51% 20 Year Term 6.58% 10 Year Term 6.64% The January 2025...
SBA 504 / SBA Interest Rates
Business slide about SBA 504 loan program

Daily Herald: SBA 504 Program Expands to Help More Small Businesses Access Capital

01/06/2025
The SBA 504 loan program provides a long-term, fixed rate for business owners to build,...
Lender Resource / Media / News and Updates / SBA 504
Woman in workshop smiling and holding tablet

SBA 504 ALP Express Program Made Permanent

01/02/2025
In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...
Legislative/Regulatory / Lender Resource / SBA 504 / SBA News

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