SomerCor

Group of officials standing beside SomerCor banner

SomerCor Hosts Federal Elected and Government Officials to Showcase Hispanic Business Growth

10/04/2024
SomerCor, a non-profit Small Business Administration (SBA) 504 lender, proudly hosted SBA Regional Administrator, Geri...
Legislative/Regulatory / Manufacturing / News and Updates / Press Release / Refinance / Renovation / SBA 504 / SBA News / SomerCor Updates
Business presentation slide with logos and headshot

Daily Herald: SBA 504 Financing for Ground-Up Construction

09/12/2024
Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
Business Owner Resource / Ground-Up Construction / Media / News and Updates / SBA 504
Neighborhood storefront, kitchen, and construction collage

Grub Berry: NOF Feature in North Lawndale

09/11/2024
Winston Cockburn is the Managing Director at Wincorp Ventures. In 2018, Mr. Cockburn acquired a...
Bars/Restaurants / Chicago / Client Success Stories / NOF Grant
Business owner in workshop with interest rates

September 2024 SBA 504 Interest Rates

09/05/2024
25 Year Term 5.76% 20 Year Term 5.83% 10 Year Term 5.87% The September 2024...
SBA 504 / SBA Interest Rates
Cafe storefront and interior with ribbon cutting

Green Llama Cafe: NOF Feature in Humboldt Park

08/21/2024
Company Profile Established in 1972, Rincon Family Services (RFS) is a pillar of Chicago’s West...
Bars/Restaurants / Chicago / Client Success Stories / NOF Grant
Smiling worker with SBA 504 interest rates

August 2024 SBA 504 Interest Rates

08/09/2024
25 Year Term 6.04% 20 Year Term 6.11% 10 Year Term 6.48% The August 2024...
SBA 504 / SBA Interest Rates
Business webinar flyer about SBA 504 loan

Daily Herald: Close CRE Deals with the SBA 504 Loan

07/25/2024
The commercial real estate market continues to find its footing after the pandemic. Business owners...
Commercial Real Estate / Media / News and Updates / SBA 504
July 2024 SBA 504 interest rates graphic

July 2024 SBA 504 Interest Rates

07/11/2024
The July 2024 SBA 504 debenture pricing was competed on July 11, 2024. 25 Year...
SBA 504 / SBA Interest Rates
A man sitting in front of a tv.

Jamaican Jerk Villa: NOF Feature in Auburn Gresham

06/27/2024
Company Profile Started by Peter McKnight and his mother in 2002, Jamaican Jerk Villa is...
Bars/Restaurants / Chicago / Client Success Stories / NOF Grant
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

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