CRF Receives District Director Award from SBA’s Minnesota District
Community Reinvestment Fund, USA (CRF) is one of eleven Minnesota lenders to be recognized by the Small Business Administration (SBA) Minnesota District for their commitment to small business success. CRF has received the District Director Award for its dedication to supporting small businesses in Minnesota.
This recognition means that CRF is among the state’s top small business lenders with the highest participation in SBA-backed loan programs.
Small business lending has been critically important during the COVID-19 pandemic, particularly in the communities CRF serves. The Paycheck Protection Program (PPP) played a critical role in the survival of many small businesses and as a non-profit SBA lender, CRF and our community and CDFI partners were uniquely positioned to deploy this capital to businesses unable to secure the financing from other sources.
We are honored to be among the top SBA lenders in Minnesota. Each lender will be honored at the Minnesota Lenders Conference, which will take place at the Marriott Northwest in Brooklyn Park on September 9, 2021.
We are thrilled to be recognized as a high-volume SBA lender in Minnesota and thank our community partners and the entire small business lending team for helping CRF earn this honor.