News and Updates
FY2025 SomerCor Impact Report
This season is a time for reflection and gratitude. We are proud to share the...
Daily Herald: Supercharging Illinois Manufacturers
Manufacturing is part of who we are in Illinois. From food processing, to machinery, to...
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...
