Sarah Boghossian

Lina Embroidery ribbon cutting with SomerCor funding

Lina Embroidery: SomerCor 504 DPAP Feature

Made from Scratch: In 2002, Lina Smilgiene purchased her first embroidery machine and set up shop in her basement, blending...
Construction worker alongside June 2026 SBA rates

June 2026 SBA 504 Interest Rates

SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms6.11%5.87%6.13%20 Year Terms6.16%5.91%6.18%10 Year...
Three smiling professionals holding oversized ceremonial pencil

Angelica Garcilazo Insurance Agency: SomerCor 504 DPAP Feature

Small Business, Big Dreams: Customer service, professionalism, and trust have guided Angelica Garcilazo Agency Inc. since 2019. Namesake and owner Angelica Garcilazo...
Smiling headshot next to SomerCor announcement

SomerCor Names Hannah White as Managing Director of Development and Strategic Partnerships, Spearheading Philanthropic Initiatives

CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC), today announced the appointment of Hannah White, Managing...
Manufacturing workers with May 2026 SBA rates

May 2026 SBA 504 Interest Rates

SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms5.95%5.71%5.97%20 Year Terms6.01%5.76%6.03%10 Year...
Construction worker with tablet and interest rates

April 2026 SBA 504 Interest Rates

25 Year Terms 20 Year Terms 10 Year Terms SBA 504 Rates 5.94%5.98%5.61%SBA 504 Rates...
SomerCor Cook County grant for small businesses

SomerCor Receives Cook County Grant to Launch Innovative Down Payment Assistance Program for Small Businesses

CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and leading provider of SBA...
Three construction workers wearing hard hats and vests

SomerCor Down Payment Assistance Program

Own the Business. Own the Building.   SomerCor helps small businesses purchase owner-occupied commercial real estate through the...
SomerCor charity golf outing July 27

SomerCor VetLoan Advantage Charity Golf Outing  

Support Military Veteran-owned Businesses at SomerCor’s Annual Charity Golf Outing!  SomerCor is a 501(c)3 organization that raises funds...
March 2026 SBA 504 rates with warehouse worker

March 2026 SBA 504 Interest Rates

25 Year Terms 20 Year Terms 10 Year Terms SBA 504 Rates 5.72%5.78%5.61%SBA 504 Rates...

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