Lender Resource
SBA 504 Program Updates Effective in FY2027
The U.S. Small Business Administration (SBA) published guidance for the 504 loan program in SOP...
Busting Five Myths About the SBA 504 Program
The SBA 504 loan program is the premier economic development loan program administered by the...
Daily Herald: Big Deals, Big Impact – Rethinking Small Businesses
The U.S. Small Business Administration 504 Loan program isn't just for the little guys -...
SBA 504 Loan Fees Waived for Manufacturers
Effective October 1, 2026, the U.S. Small Business Administration (SBA) will extend fee waivers for...
SBA Doubles Cumulative 7(a) and 504 Loan Limit to $10 Million
Effective July 4, 2026, the U.S. Small Business Administration (SBA) clarified policy intended to expand...
2026 SBA Illinois Lender Forums
The Illinois Small Business Administration (SBA) District Office is hosting a series of forums geared...
SomerCor Receives Cook County Grant to Launch Innovative Down Payment Assistance Program for Small Businesses
CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and leading provider of SBA...
SomerCor Down Payment Assistance Program
Own the Business. Own the Building. SomerCor helps small businesses purchase owner-occupied commercial real estate through the...
