SomerCor

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
A man standing in front of an industrial boiler.

Wolf Point Distilling: SBIF Supports Start-Up Spirits Manufacturer

01/22/2021
  Company Profile Established in 2017, Wolf Point Distilling is a craft distillery located in...
Bars/Restaurants / Chicago / Client Success Stories / SBIF Grant
A poster with people standing around talking.

January 2021 SBA 504 Effective Interest Rates

01/07/2021
The January 2021 SBA 504 debenture pricing was competed on January 7, 2021. 25 Year...
SBA 504 / SBA Interest Rates
A man sitting in front of an advertisement.

Ink Factory Uses SBA 504 Loan to Make Their Business Vision a Reality

01/07/2021
  Company Profile In 2011, Dusty Folwarczny, Lindsay Roffe, and Ryan Robinson co-founded Ink Factory...
Chicago / Client Success Stories / Commercial Real Estate / Office/Professional Services / Renovation / SBA 504
Three people holding up signs in front of a comcast newsmakers sign.

SomerCor on Comcast Newsmakers: Proven Impact of SBA 504 Loans

12/29/2020
SomerCor President & CEO, Manny Flores, joined Comcast Newsmakers to discuss the proven impact of...
Media / News and Updates / SBA 504

Chicago City Council Approves $60 Million in SBIF Grant Funding for Small Businesses

12/16/2020
  On December 16, 2020, the Chicago City Council passed the largest Small Business Improvement...
Chicago / News and Updates / SBIF Grant
A business ledger and somercor logos

Daily Herald Business Ledger: SBA 504 Program – Proven Impact in Times of Economic Uncertainty

12/14/2020
Are you a business owner in Illinois? Check out the December issue of the Daily...
Business Owner Resource / News and Updates / SBA 504
A poster with a picture of a person working on computers.

December 2020 SBA 504 Rates Are Out!

12/10/2020
The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
SBA 504 / SBA Interest Rates
A young girl smiles in front of an advertisement.

Ivory Dental Specialists – Biggest NOF Project to Date Completed in Auburn Gresham Neighborhood

12/04/2020
Ivory Dental Specialists is committed to providing quality affordable dental services on the South Side...
Chicago / Client Success Stories / Medical/Health Services / NOF Grant
A green roof on top of a building.

SBIF Client Named Illinois Small Business Person of the Year

11/12/2020
Omni Ecosystems is a sustainable green infrastructure company that provides solutions for ecosystem design, implementation, and...
Chicago / Client Success Stories / Construction/Trades / SBIF Grant

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