SomerCor Blog

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The March 2022 SBA 504 debenture pricing was complete on March 10, 2022.

03/10/2022
  25 Year Term 3.93% 20 Year Term 3.76% 10 Year Term 3.81% The SBA...
SBA 504 / SBA Interest Rates
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SBIF Client Feature Story: Upton’s Naturals

02/24/2022
Company Profile Upton's Naturals is an independently owned natural foods company. The product line focuses...
Chicago / Client Success Stories / Food/Nutrition / SBIF Grant
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February 2022 SBA 504 Interest Rates Are Out

02/10/2022
  25 Year Term 3.59% 20 Year Term 3.45% 10 Year Term 3.07% The SBA...
SBA 504 / SBA Interest Rates
A store front with the words for 5 0 4 focus : municipalities.

Municipal Market: SomerCor SBA 504 & SBIF Grant Feature

02/02/2022
  Company Profile Municipal Market was founded in 2004 and has been under the current...
Chicago / Client Success Stories / Food/Nutrition / Refinance / SBA 504 / SBIF Grant
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Mayor Lightfoot Announces Neighborhood Opportunity Fund Finalists

01/24/2022
This week Mayor Lori Lightfoot announced 31 new Neighborhood Opportunity Fund (NOF) finalists as part...
Chicago / News and Updates / NOF Grant
Two people holding up ice cream cones in a store.

SBIF Client Feature Story: Ix-Chel Gelato & Frozen Pops

01/11/2022
  Grantee Profile Ix-Chel Gelato & Frozen Pops makes handcrafted frozen treats - including vegan...
Bars/Restaurants / Chicago / Client Success Stories / SBIF Grant
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January 2022 SBA 504 Interest Rates Are Out

01/06/2022
  25 Year Term 3.21% 20 Year Term 3.07% 10 Year Term 3.07% The SBA...
SBA 504 / SBA Interest Rates
A poster with boxes and people in the background.

The December 2021 SBA 504 debenture pricing was competed on December 9, 2021.

12/09/2021
25 Year Term 3.02% 20 Year Term 2.88% 10 Year Term 2.79% The SBA is...
SBA 504 / SBA Interest Rates
A woman holding a clipboard in front of an industrial building.

New SBA 504 REFI Rules [WEBINAR]

12/07/2021
On July 29, 2021 the Small Business Administration published Interim Final Rule 021-15975, outlining enhancements...
Lender Resource / SBA 504 Refinance / Webinar
A group of women wearing blue shirts and smiling.

Snow Family Dental: SomerCor SBA 504 Feature

11/30/2021
  Company Profile Founded in 2015, Snow Family Dental, LLC, is a restorative and preventative...
Client Success Stories / Commercial Real Estate / Illinois / Medical/Health Services / Renovation / SBA 504

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