News and Updates

A poster with the words " april 2 0 2 2 sba 5 0 interest rates ".

The April 2022 SBA 504 debenture pricing was completed on April 7, 2022.

04/07/2022
  25 Year Term 4.68% 20 Year Term 4.62% The SBA is offering a 504...
SBA 504 / SBA Interest Rates
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SomerCor President & CEO, Manny Flores, Testifies at Congressional Hearing

03/29/2022
On Tuesday, March 29th, SomerCor President & CEO, Manuel Flores, testified at a House Small...
Advocacy / Business Owner Resource / Education / Legislative/Regulatory / Lender Resource / News and Updates / SBA 504
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SomerCor and NAWBO Chicago Collaborate to Empower Women Entrepreneurs

03/28/2022
SomerCor and NAWBO Chicago Collaborate to Empower Women Entrepreneurs SomerCor is proud to announce the...
Chicago / Illinois / Press Release / SBA 504
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The March 2022 SBA 504 debenture pricing was complete on March 10, 2022.

03/10/2022
  25 Year Term 3.93% 20 Year Term 3.76% 10 Year Term 3.81% The SBA...
SBA 504 / SBA Interest Rates
A man sitting in front of a table with papers.

February 2022 SBA 504 Interest Rates Are Out

02/10/2022
  25 Year Term 3.59% 20 Year Term 3.45% 10 Year Term 3.07% The SBA...
SBA 504 / SBA Interest Rates
A group of people standing on the stage for a photo.

Mayor Lightfoot Announces Neighborhood Opportunity Fund Finalists

01/24/2022
  This week Mayor Lori Lightfoot announced 31 new Neighborhood Opportunity Fund (NOF) finalists as...
Chicago / News and Updates / NOF Grant
A woman in white shirt holding a dog.

January 2022 SBA 504 Interest Rates Are Out

01/06/2022
  25 Year Term 3.21% 20 Year Term 3.07% 10 Year Term 3.07% The SBA...
SBA 504 / SBA Interest Rates
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The December 2021 SBA 504 debenture pricing was competed on December 9, 2021.

12/09/2021
25 Year Term 3.02% 20 Year Term 2.88% 10 Year Term 2.79% The SBA is...
SBA 504 / SBA Interest Rates
A picture of the head of someer, and text that reads " 2 0 2 2 outlook."

2022 Outlook: Statement from SomerCor President & CEO

11/18/2021
This November marks my third year as President and CEO of SomerCor. As I reflect...
News and Updates / Press Release / SomerCor Updates
November21-Rate-1024x536

The November 2021 SBA 504 debenture pricing was competed on November 10, 2021.

11/10/2021
  25 Year Term 2.92% 20 Year Term 2.78% 10 Year Term 2.79% The SBA...
News and Updates / SBA 504 / SBA Interest Rates

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