SomerCor Blog

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SBIF Client Feature Story: Push Indoor Cycling

06/14/2021
  Company Profile Push Indoor Cycling is a fitness studio located in the Clearing community...
Chicago / Client Success Stories / Fitness/Recreation / SBIF Grant
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June SBA 504 Interest Rates Stay Below 3%

06/10/2021
The June 2021 SBA 504 debenture pricing was competed on June 10, 2021. 25 Year...
SBA 504 / SBA Interest Rates
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Fischer Paper Products: SomerCor SBA 504 New Construction Feature

05/24/2021
Company Profile Founded in 1972, Fischer Paper Products is a third generation family business in...
Client Success Stories / Ground-Up Construction / Illinois / Manufacturing / SBA 504
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May SBA 504 Interest Rates Are Sub 3%

05/06/2021
The May 2021 SBA 504 debenture pricing was competed on May 6, 2021. 25 Year...
SBA 504 / SBA Interest Rates
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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