News and Updates
CBAI Feature: Federal Government Focuses on SBA 504 for Economic Recovery
 The latest issue of Banknotes by the Community Bankers Association of Illinois includes a piece...
March 2021 SBA 504 Rates Are Out!
The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
February 2021 SBA 504 Rates Are Out!
The February 2021 SBA 504 debenture pricing was competed on February 11, 2021. 25 Year...
SomerCor hires SBA veteran lender Margaret Griffin as Chief Lending Officer and names SBA 504 leader Brian Comiskey, CPA Chief Credit Officer
CHICAGO - SomerCor, a Small Business Administration (SBA) Certified Development Company (CDC), is proud to...
January 2021 SBA 504 Effective Interest Rates
The January 2021 SBA 504 debenture pricing was competed on January 7, 2021. 25 Year...
SomerCor on Comcast Newsmakers: Proven Impact of SBA 504 Loans
SomerCor President & CEO, Manny Flores, joined Comcast Newsmakers to discuss the proven impact of...
Chicago City Council Approves $60 Million in SBIF Grant Funding for Small Businesses
 On December 16, 2020, the Chicago City Council passed the largest Small Business Improvement...
Daily Herald Business Ledger: SBA 504 Program – Proven Impact in Times of Economic Uncertainty
Are you a business owner in Illinois? Check out the December issue of the Daily...
