News and Updates

Jan26Rate

January 2026 SBA 504 Interest Rates

01/08/2026
25 Year Term 5.85% 20 Year Term 5.91% 10 Year Term 5.67% The January 2026...
SBA 504 / SBA Interest Rates
Impact Report LI

FY2025 SomerCor Impact Report

12/29/2025
This season is a time for reflection and gratitude. We are proud to share the...
News and Updates / SomerCor Updates
Supercharging Manufacturers

Daily Herald: Supercharging Illinois Manufacturers

12/22/2025
Manufacturing is part of who we are in Illinois. From food processing, to machinery, to...
Business Owner Resource / Manufacturing / Media / News and Updates / SBA 504
Rate Blast - LI

December 2025 SBA 504 Interest Rates

12/11/2025
25 Year Term 5.82% 20 Year Term 5.88% 10 Year Term 5.65% The December 2025...
SBA 504 / SBA Interest Rates
Power Partners release blog (1)

SomerCor is a 2025 Inc. Power Partner Award Winner

11/18/2025
SomerCor Recognized as a 2025 Inc. Power Partner Award Winner The annual list recognizes the...
News and Updates / Press Release / SomerCor Updates
Rate Blast - LI-Nov25

November 2025 SBA 504 Interest Rates

11/06/2025
25 Year Term 5.86% 20 Year Term 5.92% 10 Year Term 5.65% The November 2025...
SBA 504 / SBA Interest Rates
Rate Blast - LI

October 2025 SBA 504 Interest Rates

10/09/2025
25 Year Term 5.92% 20 Year Term 5.98% 10 Year Term 5.59% The October 2025...
SBA 504 / SBA Interest Rates
IMEC graphic

Investing in the Makers: Financing, Workforce, and Innovation for Illinois Manufacturing

10/09/2025
October is Manufacturing Month, a time to honor the people, innovation, and impact behind one...
Illinois / Legislative/Regulatory / Lender Resource / Loan / Manufacturing / SBA 504 / SBA 504 Refinance / SBA News
Program Change Graphic

SBA 504 Loan Fees Waived for Manufacturers

10/07/2025
Effective October 1, 2025, the U.S. Small Business Administration (SBA) instituted fee waivers for manufacturers...
Legislative/Regulatory / Lender Resource / Manufacturing / SBA 504 / SBA News
Rate Blast - LI

September 2025 SBA 504 Interest Rates

09/11/2025
25 Year Term 6.00% 20 Year Term 6.02% 10 Year Term 5.77% The September 2025...
SBA 504 / SBA Interest Rates

Categories

Archives