SomerCor Blog
2022 Outlook: Statement from SomerCor President & CEO
This November marks my third year as President and CEO of SomerCor. As I reflect...
The November 2021 SBA 504 debenture pricing was competed on November 10, 2021.
 25 Year Term 2.92% 20 Year Term 2.78% 10 Year Term 2.79% The SBA...
SomerCor CEO to Lead Cook County Economic Development Advisory Subcommittee for Small Businesses
SomerCor CEO, Manuel Flores, Tapped to Co-lead Cook County Economic Development Advisory Subcommittee for Small...
SBIF Client Feature Story: Total Transformation in Back of the Yards
 Grantee Profile Jorge Torres is the landlord of a light industrial property at 1253...
October SBA 504 Interest Rates Start FY22 at Sub 3%
 The October 2021 SBA 504 debenture pricing was competed on October 7, 2021. 25...
2021 RFQ for Neighborhood Opportunity Fund (NOF) TA Providers
The City of Chicago and SomerCor are seeking applications from professional services firms, non-profit organizations,...
SomerCor, Leading SBA 504 Lender, Grows its Board of Directors
SomerCor, a Chicago-based Small Business Administration (SBA) Certified Development Company (CDC), announces the appointment of...
September SBA 504 Interest Rates Cap Record-Breaking FY21
The September 2021 SBA 504 debenture pricing was competed on September 9, 2021. 25 Year...
