SBA News

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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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SBA 504 Program Enhancements: Refinance & ALP Express Updates

11/14/2023
In response to the COVID-19 pandemic, the federal government doubled down on U.S. Small Business...
Legislative/Regulatory / Lender Resource / SBA 504 / SBA News
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SBA 504 Program Updates Effective August 1st

08/01/2023
On August 1st, new rules impacting the SBA 504 program went into effect. Per the...
Lender Resource / SBA 504 / SBA News
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WIND 560AM Interview with SomerCor on COVID-19 Response

04/27/2020
SomerCor Managing Director of Communications, Kim Brisky, was on "Get Down to Business with Shalom...
SBA News
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WCPT 820AM Interview with SomerCor CEO on SBA Resources

04/20/2020
Last week, SomerCor CEO, Manny Flores, spoke with Joan Esposito on 820AM about SBA resources...
Media / News and Updates / SBA News
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SBA Administrator Carranza Testifies at U.S. House Small Business Committee Hearing

02/26/2020
Small Business Administrator Jovita Carranza testified today before the U.S. House Committee on Small Business. The...
SBA News
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Congressional Hearing Spotlights SBA 504 Program

12/10/2019
On Tuesday, December 10th, the House Small Business Committee on Investigations, Oversight and Regulations held...
SBA 504 / SBA News
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How to Build Your Business in Illinois – SBA Resource Guide

12/02/2019
The 2019-2020 Small Business Resource Guide is now available. This document covers a wide range...
Illinois / SBA News
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SBA FY19 total loan volume reaches over $28 billion with more than 63,000 approved

10/15/2019
Last week, the Small Business Administration released a press statement summarizing program loan usage for...
News and Updates / SBA 504 / SBA News

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