SomerCor
A top 20 CDC, SomerCor is a non-profit certified by the SBA facilitating SBA 504 & 7(a) CA loans, and SBIF & NOF grants.
39 employees · est. 1992 · Chicago, United States
Upper Manhattan Empowerment Zone Development Corporation
Sustaining the economic revitalization of all communities in Upper Manhattan.
26 employees · est. 1996 · New York, United States
SomerCor is the older company (1992 vs 1996).
Side-by-Side Comparison
| Metric | SomerCor | Upper Manhattan Empowerment Zone Development Corporation |
|---|---|---|
| Founded | ||
| Founded | 1992 older | 1996 |
| Headquarters | ||
| Headquarters | Chicago, United States | New York, United States |
| Employees | ||
| Employees | 39 | 26 |
| Industry | ||
| Industry | Finance, Financial Services, Lending and Investments | Human Resources |
| Funding Stage | ||
| Funding Stage | Not tracked yet | Grant |
| Total Funding | ||
| Total Funding | Not tracked yet | $1.35M |
| Funding Rounds | ||
| Funding Rounds | Not tracked yet | 1 |
| Services | ||
| Services | Not tracked yet | Not tracked yet |
| Target Customers | ||
| Target Customers | Not tracked yet | Not tracked yet |
| Taxonomy | ||
| Taxonomy | SBA Lending, Small Business Loans, Economic Development, Community Development, Grant Administration, Commercial Real Estate Financing, Entrepreneurship Catalyst, Business Improvement Grants, Neighborhood Revitalization, Non-profit Lending, Job Creation, TIF District Development, SBA 504 Loan, SBA 7(a) Loan, Small Business Support | Community Development, Economic Revitalization, Job Creation, Corporate Alliances, Small Business Assistance, CDFI, Real Estate Lending, Small Business Lending, Workforce Development, Economic Growth, Upper Manhattan, Neighborhood Revitalization, Job Development, Cultural Investments |
| Website | ||
| Website | somercor.com | umez.org |
About SomerCor
SomerCor, a top 20 CDC, is a non-profit specializing in SBA 504 & 7(a) CA loans, and SBIF & NOF grants. Established in 1992, the organization has deployed $1.65 billion in SBA loans, creating 45,774 jobs across 1,649 communities in Illinois. SomerCor also manages small business grants for the City o...
About Upper Manhattan Empowerment Zone Development Corporation
Upper Manhattan Empowerment Zone Development Corporation (UMEZ) is a not-for-profit corporation founded in 1995 with a mission to sustain the economic revitalization of communities in Upper Manhattan. Through strategic investments, job creation, corporate alliances, and small business assistance, UM...
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Compiled from the BounceWatch company index. We last looked at SomerCor on 13 Nov 2024, and Upper Manhattan Empowerment Zone Development Corporation on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
