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Franklin Bancorp Inc., d.b.a. Sunrise Community Banks
Saint Paul MNCDFI Awards for Franklin Bancorp Inc., d.b.a. Sunrise Community Banks
FA (2006) - $585,000
Franklin Bancorp, Inc. is a member of the Sunrise Community Bank family. It is a certified CDFI in Minneapolis, Minnesota that provides traditional banking products as well as products uniquely designed to meet the needs of its low-income and unbanked customers. Franklin Bancorp will use the 2006 Financial Assistance Award of $585,000 to support its growth initiatives, increase activities in its target market, and increase the efficiency of operations.
Other Community Development Financial Institutions in Minnesota
African Development Center
Minneapolis
CAPITAL CITY PROPERTIES
St. Paul
Community Reinvestment Fund, Inc
Minneapolis
Dakota Futures, Inc.
Morton
Development Corporation for Children
Minneapolis
Great Neighborhoods! Development Corp.
Minneapolis
Greater Minnesota Housing Fund
St. Paul
Habitat for Humanity of Minnesota, Inc.
Minneapolis
Indian Land Capital Company
Little Canada
Indian Land Tenure Foundation
Little Canada
Initiative Foundation
Little Falls
Leech Lake Band of Ojibwe
Cass Lake
Midwest Minnesota Community Development Corporation
Detroit Lakes
National New Markets Tax Credit Fund, Inc
Minneapolis
Neighborhood Development Center
St. Paul
Nonprofits Assistance Fund
Minneapolis
Northland Foundation
Duluth
Sparc
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University National Bank
St Paul
WomenVenture
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Featured Government Grant Resources
Small Business Administration's Loan Guarantees Program
The Small Business Administration has established the Loan Guarantees Program wherein they aim to be able to provide guaranteed loans to small business establishments which are not capable of acquiring financing from a private credit marketplace but greatly manifests the ability to repay funds in a timely manner.
Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.
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