Small Dollar Loan Program in Minnesota
Small Dollar Loan Program (21.025) awarded $1.5 million to recipients in Minnesota in 6 grants from fiscal 2021 to 2025, 3.9% of the program's national total. University Financial Corp, GBC DBA Sunrise Banks received the most, $935,211.
- Awarded in Minnesota$1.5 million
- Awards6
- Share of the program3.9%
- Rank among states9th of 39
- National total$39.2 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 3 | $502,500 |
| FY 2022 | 1 | $271,988 |
| FY 2023 | No awards | |
| FY 2024 | 2 | $752,650 |
| FY 2025 | No awards | |
Recipients in Minnesota
| Recipient | Type | Awards | Amount |
|---|---|---|---|
| University Financial Corp, GBC DBA Sunrise Banks | Businesses | 3 | $935,211 |
| Northridge Community Credit Union | Other | 1 | $369,427 |
| Womenventure | Nonprofits | 1 | $117,500 |
| African Economic Development Solutions | Nonprofits | 1 | $105,000 |
Open opportunities under this program
None is open or forecast on Grants.gov right now.
Questions people ask
How much Small Dollar Loan Program money goes to Minnesota?
$1.5 million from fiscal 2021 to 2025, across 6 awards. Minnesota ranks 9th of 39 states and territories for this program.
Who receives Small Dollar Loan Program money in Minnesota?
The largest recipient is University Financial Corp, GBC DBA Sunrise Banks, with $935,211 in 3 awards. Next are Northridge Community Credit Union and Womenventure.
Can organizations in Minnesota apply now?
No opportunity under this program is open or forecast on Grants.gov right now. Programs often post once a year.
Small Dollar Loan Program in other states
Other large programs in Minnesota
- Grants to States for Medicaid
- Highway Planning and Construction
- Education Stabilization Fund
- National School Lunch Program
- Temporary Assistance for Needy Families
- Federal Transit Capital Investment Grants
- Special Education Grants to States
- Child Care and Development Block Grant
- Federal Transit Formula Grants
- Affordable Rural Cooperative