SomerCor Blog
Busting Five Myths About the SBA 504 Program
The SBA 504 loan program is the premier economic development loan program administered by the...
Mayor Johnson Announces Neighborhood Opportunity Fund Finalists
Mayor Brandon Johnson announced fifteen small businesses as the next round of Neighborhood Opportunity Fund...
June 2025 SBA 504 Interest Rates
25 Year Term 6.37% 20 Year Term 6.39% 10 Year Term 6.20% The June 2025...
Financing for Restaurants: Three Reasons to Use the SBA 504 Program
Opening and operating a restaurant requires significant upfront costs and ongoing expenses. From purchasing and...
Tel Aviv Slices: SBIF Feature in North Park
SBIF Grant Impact (Lincoln Ave) Or Gera is the owner of the business Tel Aviv Slices...
Growing Generational Wealth for Family-Owned Businesses: Three Reasons to Use the SBA 504 Program
A strong, well-managed, financially sound small business can be the foundation of generational wealth for...
Front Line Ag: SomerCor SBA 504 Feature
Owners Chase Aylesworth and Alec Murphy founded Front Line Ag in 2022 - consolidating their...
May 2025 SBA 504 Interest Rates
25 Year Term 6.39% 20 Year Term 6.41% 10 Year Term 6.20% The May 2025...
