Community First® Accelerate Grants for Small Business 2022 Awards Announcement

  • December 19, 2022

The Community First® Accelerate Grants for Small Business (“Accelerate Grants”) provides grants to support the growth and development of small businesses in communities served by Federal Home Loan Bank of Chicago (FHLBank Chicago) member financial institutions. Accelerate Grants provide an opportunity for members to establish and strengthen partnerships with local small businesses.

FHLBank Chicago received over 160 applications to the 2022 Accelerate Grants program. Submitted by 104 members, these applications requested a total of $3.9 million in grant funds. FHLBank Chicago is pleased to announce $784,000 in awards to 32 small businesses. By helping individual businesses grow and thrive, FHLBank Chicago supports economic opportunity in members’ communities. The 2022 Accelerate Grant awards are listed below.

Member BankSmall Business
1st Equity BankGrand Sports Arena
Anna-Jonesboro National BankFeathered Vines, LLC
Associated Bank, National Assn.Toad Hill Montessori
Bank of DeerfieldDeerfield Coffeehouse, LLC
Bank of MaustonTaylor Made Customs, LLC
Black River Country BankFalls Florist & Greenhouse
Centrust Bank, N.A.Food L3C
Chicago Housing Authority Internet Webpages Newspaper, Inc
Citizens State BankDonny Does It, LLC
Devon BankApologue, LLC
Devon BankSputnik Coffee Company
Exchange State BankNorthern Hospitality
First Eagle BankJWD Property Management, LLC
First Federal Savings BankPrecision K9 Training, Inc.
Grand Ridge National BankGlitter Nail Academy, Inc.
Guardian Savings BankLaurian Smith Corp.
La Salle State BankMassive, Inc.
Merchants and Manufacturers BankPop Us Gourmet Popcorn
Sauk Valley BankPath to Healing Inc.
Sauk Valley BankBeautiful You Boutique
Schaumburg Bank & Trust Co., N.A.Chocolate Inspirations, LLC
Security BankHeart Blossom Design, LLC
Security State BankPine Point Lodge
State Street Bank and Trust Company           The Silhouette Shop
The Bank of BrodheadLittle Learners Daycare
Tri City National BankMulticultural Entrepreneurial Institute, Inc.
Tri City National BankCSW Distribution, LLC
Unison Credit UnionDaily Details Concierge
University of Illinois Community CUJeglova Creative Collective, LLC
Waumandee State BankSuncrest Gardens, LLC
Waumandee State BankEdge Graphics, LLC
Westby Co-op Credit UnionLowe Hospitality, LLC
Westby Co-op Credit UnionLatte Stone Brewing Company, LLC
Wintrust BankWithers Strategic Solutions Consulting Group, LLC


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