News and Updates

Manufacturing workers with May 2026 SBA rates

May 2026 SBA 504 Interest Rates

SBA 504 RatesSBA 504 Rates for ManufacturersREFI SBA 504 Rates25 Year Terms5.95%5.71%5.97%20 Year Terms6.01%5.76%6.03%10 Year...
Event flyer with logos and headshot

Daily Herald: Own the Business, Own the Building.

Small Business Week is here, and SomerCor is ready to help more local entrepreneurs access...
Construction worker with tablet and interest rates

April 2026 SBA 504 Interest Rates

25 Year Terms 20 Year Terms 10 Year Terms SBA 504 Rates 5.94%5.98%5.61%SBA 504 Rates...
SomerCor Cook County grant for small businesses

SomerCor Receives Cook County Grant to Launch Innovative Down Payment Assistance Program for Small Businesses

CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and leading provider of SBA...
March 2026 SBA 504 rates with warehouse worker

March 2026 SBA 504 Interest Rates

25 Year Terms 20 Year Terms 10 Year Terms SBA 504 Rates 5.72%5.78%5.61%SBA 504 Rates...
Portraits of three executives with SomerCor logo

SomerCor Expands Board of Directors, Emphasizing Strategic Partnerships 

CHICAGO — SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and...
Webinar recording: Growing Manufacturing in 2026

Webinar Recording: Growing Manufacturing in 2026

Game-Changing Tax Breaks and Resources for Manufacturers Join manufacturing resource providers, tax professionals, and SBA...
SomerCor team with CDC of the Year sign

SomerCor Awarded CDC of the Year for SBA 504 Lending Excellence

CHICAGO - SomerCor, a non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA), proudly announces its selection as the CDC of...
SBA 504 interest rates with two construction workers

February 2026 SBA 504 Interest Rates

25 Year Term 5.80% 20 Year Term 5.86% 10 Year Term 5.67% The February 2026...
January 2026 SBA 504 rates with technician

January 2026 SBA 504 Interest Rates

25 Year Term 5.85% 20 Year Term 5.91% 10 Year Term 5.67% The January 2026...

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