SomerCor
Finance · Illinois, United States · 11-50 Employees
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Overview
Headquarters
601 S La Salle St Ste 510, Chicago, Illi...Phone Number
(312) 360-3300Website
www.somercor.comRevenue
$6.7 MillionIndustry
ZI Rank: 1
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ZI Rank
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About SomerCor
SomerCor is a nonprofit lender specializing in SBA 504 commercial real estate loans, serving small business owners in the Midwest, particularly in Illinois, Indiana, and Wisconsin. Founded in 1992, the company has provided over $1.84 billion in SBA financing, helping to create thousands of jobs and support business expansion. They offer tailored financial solutions, including SBA 504 loans, refinancing, and various grant programs. SomerCor is dedicated to empowering entrepreneurs and enhancing local economies through impactful investments.Explore more
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SomerCor Tech Stack
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SomerCor News & Media
SomerCor Receives Cook County Grant to Launch Innovative Down Payment Assistance Program for Small Businesses
CHICAGO , March 19, 2026 /PRNewswire/ -- SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and leading provider of SBA 504 financing, launched a Down Payment Assistance Program (DPAP) to help small businesses in Cook County purchase their...SomerCor Expands Board of Directors, Emphasizing Strategic Partnerships
CHICAGO, March 5, 2026 /PRNewswire/ -- SomerCor, a nonprofit U.S. Small Business Administration (SBA) Certified Development Company (CDC) and leading provider of SBA 504 financing, today announced the appointment of Adrienne H. Baker, MBA; David Boulay, Ph.D.; and LaVon M. Johns, Esq.,...SomerCor Awarded CDC of the Year for SBA 504 Lending Excellence
CHICAGO, Feb. 10, 2026 /PRNewswire/ -- SomerCor, a non-profit, Certified Development Company (CDC) licensed by the Small Business Administration (SBA), proudly announces its selection as the CDC of the Year by the Coleman Report, a leading national publication covering the SBA lending...SomerCor Recognized as a 2025 Inc. Power Partner Award Winner
The annual list recognizes the leading B2B companies that have proven track records of supporting entrepreneurs and helping companies grow. CHICAGO, Nov. 18, 2025 /PRNewswire/ -- SomerCor is proud to announce its recognition on the Inc. Power Partner Awards. The prestigious list honors...
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SomerCor is a nonprofit lender specializing in SBA 504 commercial real estate loans, serving small business owners in the Midwest, particularly in Illinois, Indiana, and Wisconsin. Founded in 1992, the company has provided over $1.84 billion in SBA financing, helping to create thousands of jobs and support business expansion. They offer tailored fi... Read More
