SomerCor

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Take Advantage of Temporary COVID-19 Relief Benefits for SBA 504 Program Before They Expire!

04/08/2021
The April 2021 SBA 504 debenture pricing was competed on April 8, 2021. 25 Year...
SBA 504 / SBA Interest Rates
A man wearing a mask in front of a restaurant.

SomerCor Serves La Peña Restaurante with a SBIF Grant & 504 Refi

04/06/2021
  Company Profile In 2001, La Peña Restaurante opened its doors in Portage Park, serving...
Bars/Restaurants / Chicago / Client Success Stories / SBA 504 Refinance / SBIF Grant
A sign for state farm with the words " sba 5 0 4 loan commercial purchase & renovation."

Olivia Lucas Insurance Agency: SomerCor 504 WBE Feature

03/29/2021
  Company Profile The Olivia Lucas Insurance Agency, Inc. offers car, home, life, health, and...
Client Success Stories / Commercial Real Estate / Illinois / Office/Professional Services / Renovation / SBA 504
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CBAI Feature: Federal Government Focuses on SBA 504 for Economic Recovery

03/25/2021
  The latest issue of Banknotes by the Community Bankers Association of Illinois includes a piece...
Lender Resource / Media / News and Updates / SBA 504
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Celebrating NOF Project ‘Sisters in Cinema’ in South Shore

03/15/2021
Sisters in Cinema is a 501(c)3 non-profit with an inclusive mission to center and celebrate...
Chicago / Client Success Stories / Entertainment / NOF Grant
A woman holding an umbrella in front of a building.

March 2021 SBA 504 Rates Are Out!

03/11/2021
The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
SBA 504 / SBA Interest Rates
A man standing in front of a display case.

Storied Stony Island Ave Business, Chicagoland Ham, Upgrades with SBIF

02/25/2021
  Company Profile Chicagoland Ham (formerly Honey Baked Ham Co.) is a family-owned and operated business...
Chicago / Client Success Stories / Food/Nutrition / SBIF Grant
A poster with an image of a man holding a tablet.

February 2021 SBA 504 Rates Are Out!

02/11/2021
The February 2021 SBA 504 debenture pricing was competed on February 11, 2021. 25 Year...
SBA 504 / SBA Interest Rates
A woman is smiling and holding her arm out.

SomerCor hires SBA veteran lender Margaret Griffin as Chief Lending Officer and names SBA 504 leader Brian Comiskey, CPA Chief Credit Officer

02/08/2021
CHICAGO - SomerCor, a Small Business Administration (SBA) Certified Development Company (CDC), is proud to...
Press Release / SBA 504
A building with the words sba 5 0 4 loan-commercial equipment purchase & renovation.

504 Loan with SomerCor Sets Up Obscurity Brewing and Craft Mead for Success

01/26/2021
  Company Profile The founders of Obscurity Brewing and Craft Mead have been brewing, producing...
Bars/Restaurants / Client Success Stories / Commercial Real Estate / Equipment / Illinois / Renovation / SBA 504

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