SomerCor Blog

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February 2023 SBA 504 Interest Rates

The February 2023 SBA 504 debenture pricing was competed on February 9, 2023. 25 Year...
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SomerCor Names New Leadership to Board of Directors

SomerCor Names New Leadership to Board of Directors SomerCor, a non-profit, Certified Development Company (CDC)...
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Brook Architecture: SomerCor SBA 504 Feature

Company Profile Founded in 1995 by RaMona Westbrook, Brook Architecture is a Chicago-based practice providing...
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Diversified Construction Services: SomerCor SBA 504 Feature

Company Profile Diversified Construction Services, LLC, (DCS) is an MBE, DBE, CMS, & NMSDC certified...
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SomerCor Interview on Comcast Newsmakers: Contributing to the Vitality of Communities

SomerCor President & CEO, Manny Flores, joined Comcast Newsmakers to talk about the SBA 504...
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The January SBA 504 debenture pricing was competed on January 5, 2023

25 Year Term 6.31% 20 Year Term 6.28% The SBA is offering a 504 Loan...
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The December 2022 SBA 504 debenture pricing was competed on December 8, 2022.

25 Year Term 6.11% 20 Year Term 6.03% The SBA offers a 504 Loan with...
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The November 2022 SBA 504 debenture pricing was competed on November 10, 2022.

25 Year Term 6.53% 20 Year Term 6.03% The SBA offers a 504 Loan with...
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SomerCor Celebrates Manufacturing Month

  October is Manufacturing Month! To celebrate, the Illinois Manufacturers' Association (IMA) and the Illinois...
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SomerCor Hires Springfield Banking Leader Darin Gehrke to Head its SBA 504 Lending in Central and Southern Illinois

SomerCor, a non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA) under...