SomerCor Blog

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February 2022 SBA 504 Interest Rates Are Out

  25 Year Term 3.59% 20 Year Term 3.45% 10 Year Term 3.07% The SBA...
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Municipal Market: SomerCor SBA 504 & SBIF Grant Feature

  Company Profile Municipal Market was founded in 2004 and has been under the current...
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Mayor Lightfoot Announces Neighborhood Opportunity Fund Finalists

This week Mayor Lori Lightfoot announced 31 new Neighborhood Opportunity Fund (NOF) finalists as part...
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SBIF Client Feature Story: Ix-Chel Gelato & Frozen Pops

  Grantee Profile Ix-Chel Gelato & Frozen Pops makes handcrafted frozen treats - including vegan...
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January 2022 SBA 504 Interest Rates Are Out

  25 Year Term 3.21% 20 Year Term 3.07% 10 Year Term 3.07% The SBA...
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The December 2021 SBA 504 debenture pricing was competed on December 9, 2021.

25 Year Term 3.02% 20 Year Term 2.88% 10 Year Term 2.79% The SBA is...
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New SBA 504 REFI Rules [WEBINAR]

On July 29, 2021 the Small Business Administration published Interim Final Rule 021-15975, outlining enhancements...
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Snow Family Dental: SomerCor SBA 504 Feature

  Company Profile Founded in 2015, Snow Family Dental, LLC, is a restorative and preventative...
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2022 Outlook: Statement from SomerCor President & CEO

This November marks my third year as President and CEO of SomerCor. As I reflect...
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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...