Sunrise Banks National Association

This is a financial institution offering SBA-backed loan programs designed to help small and medium-sized businesses secure funding for growth and expansion. You can find personalized lending solutions, expert guidance, and access to various SBA loan options tailored to your business needs.

It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-in consultations may also be available during business hours depending on availability.

Typically, the bank operates from 9:00 AM to 5:00 PM, Monday through Friday. It's best to contact ahead to confirm hours or to schedule an appointment.

There are no fees for initial consultations, but loan application and processing fees may apply depending on the loan type and amount.

This institution primarily serves small business owners and entrepreneurs within its regional service area, but eligibility depends on meeting specific loan criteria and creditworthiness.

A minimum personal credit score of around 650 is generally preferred, though higher scores can improve approval chances and loan terms.

The underwriting process typically takes between 2 to 4 weeks, depending on the complexity of the loan and completeness of submitted documentation.

Most banks keep weekday business hours and are closed on weekends, and Sunrise Banks National Association typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Sunrise Banks National Association to confirm current weekend availability before you go.

Sunrise Banks National Association is located in Minnesota — see the contact card for the full address. Most bank locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Sunrise Banks National Association, an SBA-participating bank. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Sunrise Banks National Association itself, which runs its own lending under its own ownership. If you work at Sunrise Banks National Association, you can claim this listing from this page to manage it.

The core details for Sunrise Banks National Association — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Sunrise Banks National Association before applying. If you represent Sunrise Banks National Association, claim this listing to keep its information up to date.

You can reach Sunrise Banks by phone at (651) 265-5600, through their contact form at sunrisebanks.com/contact/, or for SBA lending specialists, call 651-503-3029. Confirm specific hours and availability when you reach out.

Based on its approved SBA loans, Sunrise Banks National Association most often finances businesses in restaurants & food service, general retail, medical practices & clinics, manufacturing, food manufacturing & processing, and salons, spas & personal care. This reflects Sunrise Banks National Association's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Sunrise Banks National Association which sectors it actively lends to before you apply.

Yes, Sunrise Banks offers SBA Express Line of Credit for working capital needs up to $500,000. Confirm current program details and eligibility requirements directly with the bank.

Yes, Sunrise Banks holds SBA Preferred Lender Program (PLP) status, which allows the bank to approve SBA loans in-house without waiting for SBA approval. Confirm their current PLP designation with the bank.

Yes, Sunrise Banks' SBA 7(a) loans explicitly include startup financing as an eligible funding purpose, though SBA requirements and the bank's underwriting criteria apply. Confirm startup eligibility details directly with the bank.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Sunrise Banks National Association what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Sunrise Banks National Association to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Sunrise Banks National Association to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Sunrise Banks National Association weighs this case by case under its own policy, so be upfront about your history and ask Sunrise Banks National Association how it evaluates prior bankruptcies.