SomerCor Blog

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SomerCor hires SBA veteran lender Margaret Griffin as Chief Lending Officer and names SBA 504 leader Brian Comiskey, CPA Chief Credit Officer

02/08/2021
CHICAGO - SomerCor, a Small Business Administration (SBA) Certified Development Company (CDC), is proud to...
Press Release / SBA 504
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504 Loan with SomerCor Sets Up Obscurity Brewing and Craft Mead for Success

01/26/2021
Company Profile The founders of Obscurity Brewing and Craft Mead have been brewing, producing mead,...
Bars/Restaurants / Client Success Stories / Commercial Real Estate / Equipment / Illinois / Renovation / SBA 504
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Wolf Point Distilling: SBIF Supports Start-Up Spirits Manufacturer

01/22/2021
Company Profile Established in 2017, Wolf Point Distilling is a craft distillery located in the...
Bars/Restaurants / Chicago / Client Success Stories / SBIF Grant
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January 2021 SBA 504 Effective Interest Rates

01/07/2021
The January 2021 SBA 504 debenture pricing was competed on January 7, 2021. 25 Year...
SBA 504 / SBA Interest Rates
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Ink Factory Uses SBA 504 Loan to Make Their Business Vision a Reality

01/07/2021
Company Profile In 2011, Dusty Folwarczny, Lindsay Roffe, and Ryan Robinson co-founded Ink Factory with the mission...
Chicago / Client Success Stories / Commercial Real Estate / Office/Professional Services / Renovation / SBA 504
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SomerCor on Comcast Newsmakers: Proven Impact of SBA 504 Loans

12/29/2020
SomerCor President & CEO, Manny Flores, joined Comcast Newsmakers to discuss the proven impact of...
Media / News and Updates / SBA 504

Chicago City Council Approves $60 Million in SBIF Grant Funding for Small Businesses

12/16/2020
On December 16, 2020, the Chicago City Council passed the largest Small Business Improvement Fund...
Chicago / News and Updates / SBIF Grant
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Daily Herald Business Ledger: SBA 504 Program – Proven Impact in Times of Economic Uncertainty

12/14/2020
Are you a business owner in Illinois? Check out the December issue of the Daily...
Business Owner Resource / News and Updates / SBA 504
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December 2020 SBA 504 Rates Are Out!

12/10/2020
The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
SBA 504 / SBA Interest Rates
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Ivory Dental Specialists – Biggest NOF Project to Date Completed in Auburn Gresham Neighborhood

12/04/2020
Ivory Dental Specialists is committed to providing quality affordable dental services on the South Side...
Chicago / Client Success Stories / Medical/Health Services / NOF Grant

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