SomerCor Blog

A seal that says, " compcor awarded numerous sba accredited lender program ( alp ) status."

SomerCor Awarded Accredited Lender Program Status by SBA

04/29/2021
SomerCor Awarded Prestigious SBA Accredited Lender Program (ALP) Status SomerCor, a Chicago-based Certified Development Company...
News and Updates / Press Release / SBA 504 / SomerCor Updates
A large commercial building with the words sba 5 0 4 loan for commercial real estate purchase and renovation.

Accord Carton: SomerCor SBA 504 Heavy Equipment Feature

04/27/2021
  Company Profile Accord Carton is a third-generation, family-owned company. Their mission is to bring...
Client Success Stories / Commercial Real Estate / Equipment / Illinois / Manufacturing / SBA 504
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Take Advantage of Temporary COVID-19 Relief Benefits for SBA 504 Program Before They Expire!

04/08/2021
The April 2021 SBA 504 debenture pricing was competed on April 8, 2021. 25 Year...
SBA 504 / SBA Interest Rates
A man wearing a mask in front of a restaurant.

SomerCor Serves La Peña Restaurante with a SBIF Grant & 504 Refi

04/06/2021
  Company Profile In 2001, La Peña Restaurante opened its doors in Portage Park, serving...
Bars/Restaurants / Chicago / Client Success Stories / SBA 504 Refinance / SBIF Grant
A sign for state farm with the words " sba 5 0 4 loan commercial purchase & renovation."

Olivia Lucas Insurance Agency: SomerCor 504 WBE Feature

03/29/2021
  Company Profile The Olivia Lucas Insurance Agency, Inc. offers car, home, life, health, and...
Client Success Stories / Commercial Real Estate / Illinois / Office/Professional Services / Renovation / SBA 504
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CBAI Feature: Federal Government Focuses on SBA 504 for Economic Recovery

03/25/2021
  The latest issue of Banknotes by the Community Bankers Association of Illinois includes a piece...
Lender Resource / Media / News and Updates / SBA 504
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Celebrating NOF Project ‘Sisters in Cinema’ in South Shore

03/15/2021
Sisters in Cinema is a 501(c)3 non-profit with an inclusive mission to center and celebrate...
Chicago / Client Success Stories / Entertainment / NOF Grant
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March 2021 SBA 504 Rates Are Out!

03/11/2021
The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
SBA 504 / SBA Interest Rates
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Storied Stony Island Ave Business, Chicagoland Ham, Upgrades with SBIF

02/25/2021
  Company Profile Chicagoland Ham (formerly Honey Baked Ham Co.) is a family-owned and operated business...
Chicago / Client Success Stories / Food/Nutrition / SBIF Grant
A poster with an image of a man holding a tablet.

February 2021 SBA 504 Rates Are Out!

02/11/2021
The February 2021 SBA 504 debenture pricing was competed on February 11, 2021. 25 Year...
SBA 504 / SBA Interest Rates

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