SomerCor Blog

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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
A woman in white shirt holding a dog.

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
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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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2022 Outlook: Statement from SomerCor President & CEO

11/18/2021
This November marks my third year as President and CEO of SomerCor. As I reflect...
News and Updates / Press Release / SomerCor Updates
November21-Rate-1024x536

The November 2021 SBA 504 debenture pricing was competed on November 10, 2021.

11/10/2021
  25 Year Term 2.92% 20 Year Term 2.78% 10 Year Term 2.79% The SBA...
News and Updates / SBA 504 / SBA Interest Rates
A logo for the somercor ceo, manuel perez tapped to succeed cook county economic development advisory subcommittee.

SomerCor CEO to Lead Cook County Economic Development Advisory Subcommittee for Small Businesses

11/02/2021
SomerCor CEO, Manuel Flores, Tapped to Co-lead Cook County Economic Development Advisory Subcommittee for Small...
Advocacy / News and Updates / Press Release

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