Project Type

surgebilliards (1)

Surge Billiards, Inc: SomerCor SBA 504 Feature

01/16/2025
Surge Coffee Bar & Billiards was founded in 2017 by husband and wife, Wahib Merchant...
Bars/Restaurants / Client Success Stories / Entertainment / Illinois / Loan / Refinance / SBA 504 Refinance
A man holding a clipboard in front of shelves.

SBA 504 Refi is a Win-Win for Banks and Borrowers

12/18/2024
The SBA 504 Refinance Program is a strategic debt restructuring solution that helps your bank...
Lender Resource / Refinance / SBA 504 Refinance
Copy of 2021-2enhancements (3)

SBA Expands 504 Debt Refinance Program

10/17/2024
The SBA 504 refinance program helps small and mid-size businesses take advantage of lower interest...
Legislative/Regulatory / Lender Resource / Refinance / SBA 504 Refinance / SBA News
PRESS-RELEASE-Social-FY2025

SomerCor Hosts Federal Elected and Government Officials to Showcase Hispanic Business Growth

10/04/2024
SomerCor, a non-profit Small Business Administration (SBA) 504 lender, proudly hosted SBA Regional Administrator, Geri...
Legislative/Regulatory / Manufacturing / News and Updates / Press Release / Refinance / Renovation / SBA 504 / SBA News / SomerCor Updates
A man is holding a clipboard and smiling.

Financing for Fitness Centers: Three Reasons to Use the SBA 504 Program

09/17/2024
Opening and operating a fitness center requires significant upfront costs and ongoing expenses. From purchasing...
Business Owner Resource / Commercial Real Estate / Fitness/Recreation / Renovation / SBA 504
dailyherald-lisarticle (1)

Daily Herald: SBA 504 Financing for Ground-Up Construction

09/12/2024
Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
Business Owner Resource / Ground-Up Construction / Media / News and Updates / SBA 504
ground up construction

Financing for Ground-Up Construction: Three Reasons to Use the SBA 504 Program

08/01/2024
Businesses across every industry are looking for the ideal space that supports operational efficiency, employee...
Business Owner Resource / Ground-Up Construction / SBA 504
Copy of dailyherald-ericarticle

Daily Herald: Close CRE Deals with the SBA 504 Loan

07/25/2024
The commercial real estate market continues to find its footing after the pandemic. Business owners...
Commercial Real Estate / Media / News and Updates / SBA 504
A group of people standing in front of a building.

Alpha Tekniko: SomerCor SBA 504 Feature

06/20/2024
Alpha Tekniko is an FDA-registered developer and manufacturer of custom support surfaces for a variety...
Client Success Stories / Ground-Up Construction / Illinois / Loan / Manufacturing / Renovation / SBA 504
A couple of people that are working on some solar panels

SBA 504 Program Update: Green Energy Loans

05/24/2024
Effective April 30, 2024, the Small Business Administration (SBA) removed the $16.5 million cap on...
Green Energy / Legislative/Regulatory / Lender Resource / SBA 504 / SBA News

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