News and Updates
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...
August 2025 SBA 504 Interest Rates
25 Year Term 6.23% 20 Year Term 6.25% 10 Year Term 6.17% The August 2025...
Daily Herald: Financing for Franchises with the SBA 504 Program
A franchise location, while tied to a national or regional brand, is still a small...
July 2025 SBA 504 Interest Rates
25 Year Term 6.37% 20 Year Term 6.39% 10 Year Term 6.17% The July 2025...
Mayor Johnson Announces Neighborhood Opportunity Fund Finalists
Mayor Brandon Johnson announced fifteen small businesses as the next round of Neighborhood Opportunity Fund...
