News and Updates

may25 Rate

May 2025 SBA 504 Interest Rates

05/08/2025
25 Year Term 6.39% 20 Year Term 6.41% 10 Year Term 6.20% The May 2025...
SBA 504 / SBA Interest Rates
sbacimec (2)

SBA 504 Loan Program Key to Made in America Manufacturing Initiative

04/30/2025
SomerCor President & CEO, Manny Flores, was on hand for the U.S. Small Business Administration...
Legislative/Regulatory / Lender Resource / Manufacturing / News and Updates / SBA 504 / SBA News
FED RESERVE ADVISORY COUNCIL

SomerCor President & CEO Appointed to Federal Reserve Bank of Chicago Advisory Council

04/19/2025
SomerCor President & CEO, Manny Flores, was named to the Federal Reserve Bank of Chicago...
News and Updates / Press Release / SomerCor Updates
april25 Rate

April 2025 SBA 504 Interest Rates

04/10/2025
25 Year Term 6.43% 20 Year Term 6.45% 10 Year Term 6.34% The April 2025...
SBA 504 / SBA Interest Rates
2025 SomerCor and Auora

SomerCor Partners With Aurora Regional Economic Alliance

04/10/2025
SomerCor and the Aurora Regional Economic Alliance (Alliance) are proud to announce a new partnership....
News and Updates / Press Release / SomerCor Updates
march25 Rate

March 2025 SBA 504 Interest Rates

03/06/2025
25 Year Term 6.24% 20 Year Term 6.31% 10 Year Term 6.34% The March 2025...
SBA 504 / SBA Interest Rates
feb25 Rate

February 2025 SBA 504 Interest Rates

02/06/2025
25 Year Term 6.28% 20 Year Term 6.35% 10 Year Term 6.64% The February 2025...
SBA 504 / SBA Interest Rates
New Employee -mikeP

SomerCor Hires Michael Piazza to Expand SBA 504 Lending Team

01/17/2025
CHICAGO, IL – SomerCor, one of the largest non-profit Small Business Administration (SBA) 504 lenders...
Lender Resource / News and Updates / Press Release / SomerCor Updates
Jan 25 Rate

January 2025 SBA 504 Interest Rates

01/09/2025
25 Year Term 6.51% 20 Year Term 6.58% 10 Year Term 6.64% The January 2025...
SBA 504 / SBA Interest Rates
dailyherald-MAG (2)

Daily Herald: SBA 504 Program Expands to Help More Small Businesses Access Capital

01/06/2025
The SBA 504 loan program provides a long-term, fixed rate for business owners to build,...
Lender Resource / Media / News and Updates / SBA 504

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