News and Updates

March 2023 SBA 504 Interest Rates
The March 2023 SBA 504 debenture pricing was competed on March 9, 2023. 25 Year...

February 2023 SBA 504 Interest Rates
The February 2023 SBA 504 debenture pricing was competed on February 9, 2023. 25 Year...

SomerCor Names New Leadership to Board of Directors
SomerCor Names New Leadership to Board of Directors SomerCor, a non-profit, Certified Development Company (CDC)...

SomerCor Interview on Comcast Newsmakers: Contributing to the Vitality of Communities
SomerCor President & CEO, Manny Flores, joined Comcast Newsmakers to talk about the SBA 504...

The January SBA 504 debenture pricing was competed on January 5, 2023
25 Year Term 6.31% 20 Year Term 6.28% The SBA is offering a 504 Loan...

The December 2022 SBA 504 debenture pricing was competed on December 8, 2022.
25 Year Term 6.11% 20 Year Term 6.03% The SBA offers a 504 Loan with...

The November 2022 SBA 504 debenture pricing was competed on November 10, 2022.
25 Year Term 6.53% 20 Year Term 6.03% The SBA offers a 504 Loan with...

SomerCor Hires Springfield Banking Leader Darin Gehrke to Head its SBA 504 Lending in Central and Southern Illinois
SomerCor, a non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA) under...