SomerCor Blog

Jan26Rate

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...
SomerCor Expands its Board of Directors, Emphasizes Strategic Partnerships

SomerCor Expands Board of Directors, Emphasizing Strategic Partnerships 

CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and...
Tax Webinar 312 (1)

Webinar: Growing Manufacturing in 2026

Game-Changing Tax Breaks and Resources for Manufacturers Join manufacturing resource providers, tax professionals, and SBA...
Brook Architecture

Brook Architecture: SomerCor SBA 504 Feature

Company Profile Founded in 1995 by RaMona Westbrook, Brook Architecture is a Chicago-based practice providing...
Coleman Report Quote Social Image

SomerCor Awarded CDC of the Year for SBA 504 Lending Excellence

CHICAGO - SomerCor, a non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA), proudly announces its selection as the CDC of...
Feb 2026 Rates

February 2026 SBA 504 Interest Rates

25 Year Term 5.80% 20 Year Term 5.86% 10 Year Term 5.67% The February 2026...
Moovers Chicago Feature

MOOvers Chicago: SomerCor SBA 504 Loan Feature

Moovers & Shakers: Chicago pride has always driven Cezar Daniel Iordan to do his very best. In fact, it’s exactly what motivated him to start his business. While...
Park Manor 75

Park Manor 75: NOF Feature in Greater Grand Crossing

Company Profile Park Manor 75 is a a wine and charcuterie bar owned by husband-and-wife...
Platt (1)

SBIF Client Feature Story: Platt Luggage, Inc

Company Profile Platt Luggage, Inc. is a fourth generation family business that manufactures high quality...
Jan26Rate

January 2026 SBA 504 Interest Rates

25 Year Term 5.85% 20 Year Term 5.91% 10 Year Term 5.67% The January 2026...