News and Updates
December 2025 SBA 504 Interest Rates
25 Year Term 5.82% 20 Year Term 5.88% 10 Year Term 5.65% The December 2025...
SomerCor is a 2025 Inc. Power Partner Award Winner
SomerCor Recognized as a 2025 Inc. Power Partner Award Winner The annual list recognizes the...
November 2025 SBA 504 Interest Rates
25 Year Term 5.86% 20 Year Term 5.92% 10 Year Term 5.65% The November 2025...
October 2025 SBA 504 Interest Rates
25 Year Term 5.92% 20 Year Term 5.98% 10 Year Term 5.59% The October 2025...
Investing in the Makers: Financing, Workforce, and Innovation for Illinois Manufacturing
October is Manufacturing Month, a time to honor the people, innovation, and impact behind one...
SBA 504 Loan Fees Waived for Manufacturers
Effective October 1, 2025, the U.S. Small Business Administration (SBA) instituted fee waivers for manufacturers...
September 2025 SBA 504 Interest Rates
25 Year Term 6.00% 20 Year Term 6.02% 10 Year Term 5.77% The September 2025...
Daily Herald: Own a business? Own your building with the SBA 504 loan
If you own a business, owning your building offers financial and operational benefits. The SBA...
