News and Updates

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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...
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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...
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March 2021 SBA 504 Rates Are Out!

The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...
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February 2021 SBA 504 Rates Are Out!

The February 2021 SBA 504 debenture pricing was competed on February 11, 2021. 25 Year...
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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...
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January 2021 SBA 504 Effective Interest Rates

The January 2021 SBA 504 debenture pricing was competed on January 7, 2021. 25 Year...
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SomerCor on Comcast Newsmakers: Proven Impact of SBA 504 Loans

SomerCor President & CEO, Manny Flores, joined Comcast Newsmakers to discuss the proven impact of...

Chicago City Council Approves $60 Million in SBIF Grant Funding for Small Businesses

  On December 16, 2020, the Chicago City Council passed the largest Small Business Improvement...
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Daily Herald Business Ledger: SBA 504 Program – Proven Impact in Times of Economic Uncertainty

Are you a business owner in Illinois? Check out the December issue of the Daily...
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December 2020 SBA 504 Rates Are Out!

The March 2021 SBA 504 debenture pricing was competed on March 11, 2021. 25 Year...

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