SomerCor

A restaurant with many signs and a phone

Wiley’s Chicken & Ribs: SBIF Feature in West Garfield Park

06/12/2024
Wiley's Chicken & Ribs is a BBQ restaurant in West Garfield Park. Since opening in...
Bars/Restaurants / Chicago / Client Success Stories / SBIF Grant
A couple of people that are working on some solar panels

SBA 504 Program Update: Green Energy Loans

05/24/2024
Effective April 30, 2024, the Small Business Administration (SBA) removed the $16.5 million cap on...
Green Energy / Legislative/Regulatory / Lender Resource / SBA 504 / SBA News
A man standing in front of a building with the words may 2 0 2 4 sba 5 0 4 interest rates.

May 2024 SBA 504 Interest Rates

05/09/2024
The May 2024 SBA 504 debenture pricing was competed on May 9, 2024. 25 Year...
SBA 504 / SBA Interest Rates
A duck street restaurant with the words " tif " on it.

SBIF Client Feature Story: Dock’s Great Fish

05/06/2024
  Grantee Profile Dock's Great Fish has been in Chicago for over 35 years, known...
Bars/Restaurants / Chicago / Client Success Stories / SBIF Grant
A woman is smiling and holding her hand out.

Daily Herald: Think Big about the SBA 504 Loan

04/30/2024
When most people envision small businesses, they typically imagine mom-and-pop shops. But did you know...
Business Owner Resource / Media / News and Updates / SBA 504
A globe sitting on top of a table.

Earth Day: Go Green with an SBA 504 Loan

04/22/2024
According to the U.S. Green Building Council, "high-performing green buildings, particularly LEED-certified buildings, provide the...
Business Owner Resource / Green Energy / SBA 504
A woman and two children sitting at a table.

Financing for Child Care Services: Three Reasons to Use the SBA 504 Program

04/17/2024
Prior to the pandemic, the child care services industry in the U.S. generated around $54.5...
Business Owner Resource / Childcare/Education / SBA 504
A woman is smiling and holding her arm out.

April 2024 SBA 504 Interest Rates

04/11/2024
The April 2024 SBA 504 debenture pricing was competed on April 11, 2024. 25 Year...
SBA 504 / SBA Interest Rates
A man standing in front of a large metal box.

SBIF Client Feature Story: Platt Luggage, Inc

03/25/2024
Company Profile Platt Luggage, Inc. is a fourth generation family business that manufactures high quality...
Chicago / Client Success Stories / Illinois / Manufacturing / Renovation / SBIF Grant
A woman sitting in front of a table with a vase.

Siblana Events: SomerCor SBA 504 Feature

03/13/2024
Company Profile Siblana Events is an event and floral design company that specializes in translating...
Client Success Stories / Commercial Real Estate / Illinois / Loan / Renovation / SBA 504

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