News and Updates
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...
June 2025 SBA 504 Interest Rates
25 Year Term 6.37% 20 Year Term 6.39% 10 Year Term 6.20% The June 2025...
May 2025 SBA 504 Interest Rates
25 Year Term 6.39% 20 Year Term 6.41% 10 Year Term 6.20% The May 2025...
Daily Herald: Business Service Organizations Join Forces to Support Entrepreneurs
To meet the capital needs of small businesses, service organizations must be creative in expanding...
SBA 504 Loan Program Key to Made in America Manufacturing Initiative
SomerCor President & CEO, Manny Flores, was on hand for the U.S. Small Business Administration...