News and Updates

Download FY2025 SomerCor partnership report

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
Presentation slide with speaker photo and logos

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
December 2025 SBA 504 rates 25yr 5.82%

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
SomerCor recognized as Inc. Power Partner 2025

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
Smiling factory worker beside SBA 504 interest rates

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
October 2025 SBA 504 rates 25yr 5.92%

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
Circular photo of two men holding ribbon at event

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
September 2025 SBA 504 rates 25yr 6.00%

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
Daily Herald business feature with headshot

Daily Herald: Own a business? Own your building with the SBA 504 loan

09/06/2025
If you own a business, owning your building offers financial and operational benefits. The SBA...
Business Owner Resource / Media / News and Updates / SBA 504
Smiling man with blueprints and interest rates

August 2025 SBA 504 Interest Rates

08/07/2025
25 Year Term 6.23% 20 Year Term 6.25% 10 Year Term 6.17% The August 2025...
SBA 504 / SBA Interest Rates

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