SomerCor Blog

A woman with dreadlocks standing in front of a poster.

Bronzeville Winery – NOF Feature Project in Bronzville

04/20/2022
Company Profile Bronzeville Winery is a restaurant, wine bar, and cultural space - featuring a...
Bars/Restaurants / Chicago / Client Success Stories / NOF Grant
A poster with the words " april 2 0 2 2 sba 5 0 interest rates ".

The April 2022 SBA 504 debenture pricing was completed on April 7, 2022.

04/07/2022
  25 Year Term 4.68% 20 Year Term 4.62% The SBA is offering a 504...
SBA 504 / SBA Interest Rates
A group of people standing in front of the capitol building.

SomerCor President & CEO, Manny Flores, Testifies at Congressional Hearing

03/29/2022
On Tuesday, March 29th, SomerCor President & CEO, Manuel Flores, testified at a House Small...
Advocacy / Business Owner Resource / Education / Legislative/Regulatory / Lender Resource / News and Updates / SBA 504
A woman standing in front of an open door.

SomerCor and NAWBO Chicago Collaborate to Empower Women Entrepreneurs

03/28/2022
SomerCor and NAWBO Chicago Collaborate to Empower Women Entrepreneurs SomerCor is proud to announce the...
Chicago / Illinois / Press Release / SBA 504
A woman is holding her hands up to the side of her head.

The March 2022 SBA 504 debenture pricing was complete on March 10, 2022.

03/10/2022
  25 Year Term 3.93% 20 Year Term 3.76% 10 Year Term 3.81% The SBA...
SBA 504 / SBA Interest Rates
A man standing in front of a poster.

SBIF Client Feature Story: Upton’s Naturals

02/24/2022
Company Profile Upton's Naturals is an independently owned natural foods company. The product line focuses...
Chicago / Client Success Stories / Food/Nutrition / SBIF Grant
A man sitting in front of a table with papers.

February 2022 SBA 504 Interest Rates Are Out

02/10/2022
  25 Year Term 3.59% 20 Year Term 3.45% 10 Year Term 3.07% The SBA...
SBA 504 / SBA Interest Rates
A store front with the words for 5 0 4 focus : municipalities.

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
A group of people standing on the stage for a photo.

Mayor Lightfoot Announces Neighborhood Opportunity Fund Finalists

01/24/2022
  This week Mayor Lori Lightfoot announced 31 new Neighborhood Opportunity Fund (NOF) finalists as...
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

Categories

Archives