News and Updates

A woman with glasses and black hair is smiling.

June SBA 504 Interest Rates Stay Below 3%

The June 2021 SBA 504 debenture pricing was competed on June 10, 2021. 25 Year...
A man holding his hand out in an office.

SomerCor Partners with Commercial Real Estate Professionals on SBA 504

SomerCor helps small business owners buy, expand or refinance owner-occupied, commercial real estate through the...
May21-Rate-1024x536

May SBA 504 Interest Rates Are Sub 3%

The May 2021 SBA 504 debenture pricing was competed on May 6, 2021. 25 Year...
A seal that says, " compcor awarded numerous sba accredited lender program ( alp ) status."

SomerCor Awarded Accredited Lender Program Status by SBA

SomerCor Awarded Prestigious SBA Accredited Lender Program (ALP) Status SomerCor, a Chicago-based Certified Development Company...
A poster with two people looking at a laptop.

Take Advantage of Temporary COVID-19 Relief Benefits for SBA 504 Program Before They Expire!

The April 2021 SBA 504 debenture pricing was competed on April 8, 2021. 25 Year...
A person stepping on some type of ground

CBAI Feature: Federal Government Focuses on SBA 504 for Economic Recovery

  The latest issue of Banknotes by the Community Bankers Association of Illinois includes a piece...
A woman holding an umbrella in front of a building.

March 2021 SBA 504 Rates Are Out!

The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
A poster with an image of a man holding a tablet.

February 2021 SBA 504 Rates Are Out!

The February 2021 SBA 504 debenture pricing was competed on February 11, 2021. 25 Year...
A woman is smiling and holding her arm out.

SomerCor hires SBA veteran lender Margaret Griffin as Chief Lending Officer and names SBA 504 leader Brian Comiskey, CPA Chief Credit Officer

CHICAGO - SomerCor, a Small Business Administration (SBA) Certified Development Company (CDC), is proud to...
A poster with people standing around talking.

January 2021 SBA 504 Effective Interest Rates

The January 2021 SBA 504 debenture pricing was competed on January 7, 2021. 25 Year...

Categories