SomerCor 504, located in Chicago, IL, specializes in providing SBA 504 Loans, SBA 504 Refinancing, SBA Community Advantage Loans, and managing the City of Chicago Small Business Improvement Fund (SBIF) and Neighborhood Opportunity Fund (NOF) grant programs.
With over 30 years of experience, SomerCor has facilitated more than $1.77 billion in SBA loans to 3,807 businesses across various communities, resulting in the creation of 46,637 jobs. Their mission is to foster business growth, job creation, and impactful investment in local communities through SBA loans and grants.
As a trusted nonprofit lender certified by the Small Business Administration, SomerCor serves a wide geographic area, including communities in Illinois, Wisconsin, and Indiana. Their dedicated team is committed to providing personalized support to help businesses thrive and succeed.
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