Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
SomerCor Names New Chairman of the Board
SomerCor, a nonprofit, Certified Development Company (CDC) licensed by the Small Business Administration under the SBA 504 loan program, has appointed Margy Sweeney, founder & CEO of Akrete, as the new chairman of its board of directors. Thomas Huffman, EVP – Wintrust SBA Lending, will serve as vice chairman of Chicago-based SomerCor’s board.
“I look forward to working with Margy and Tom to build upon SomerCor’s growth and service to small businesses and lending partners through the SBA 504 program and our other economic development initiatives,” said Manuel Flores, president and CEO of SomerCor.
He added, “We also thank our Chairman Emeritus, Jon Winick, for his many years of service as Chairman. Over the last few years, SomerCor has achieved significant milestones including receiving SBA Accredited Lender Program (ALP) designation and Local Economic Area (LEA) authority to lend in Kenosha and Rock counties in Wisconsin.”
Pictured: Margy Sweeney.
- ◦People

