News and Updates

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...

SomerCor Expanding to Serve Small Businesses in Southeast Wisconsin
SomerCor, an Illinois non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA)...

The October 2022 SBA 504 debenture pricing was competed on October 6, 2022.
25 Year Term 6.44% 20 Year Term 6.36% The SBA offers a 504 Loan with...

The September 2022 SBA 504 debenture pricing was competed on September 8, 2022.
25 Year Term 5.44% 20 Year Term 5.34% The SBA offers a 504 Loan with...

The August 2022 SBA 504 debenture pricing was competed on August 11, 2022.
25 Year Term 4.98% 20 Year Term 4.89% The SBA offers a 504 Loan with...