by Jana' Nyholm | Jun 14, 2021 | Announcements
Come Work For the Top CDC in Minnesota! Minnesota Business Finance Corporation (MBFC) is the #1 statewide Certified Development Company, originating and servicing SBA 504 fixed asset commercial loans in partnership with the U.S. Small Business Administration...
by Jana' Nyholm | Jun 3, 2021 | Announcements, Success Stories
MBFC awarded a VetLoan Advantage Rebate to Ken and Heike Dodge, owners of Falls Optical, in Little Falls, MN. The $3,000.00 rebate was presented by Joe Kammermeier, VP Business Development Officer and Mo Durheim, MBFC Board Member, Senior Vice President of Farmers...
by Jana' Nyholm | Apr 6, 2021 | Announcements, Success Stories
MBFC awarded a VetLoan Advantage Rebate to Aimee and Preston Osborne, Owners of Lakewood Lodge in Deer River, MN. The rebate was presented to the Osbornes by Terry Stein, VP Business Development Officer (pictured below). MBFC is proud to be the only certified...
by Jana' Nyholm | Feb 18, 2021 | Announcements, Industry Insights
On February 16, 2021, SBA issued a Procedural Notice (Click here for SBA Procedural Notice 5000-20095) detailing reduced debt relief benefits to 7(a), 504, and Microloan Programs due to insufficiency of funds. SBA has determined that the original $3.5 billion,...
by Jana' Nyholm | Jan 20, 2021 | Announcements, Success Stories
MBFC awarded a VetLoan Advantage Rebate to Darrold & Martha Glanville, owners of Sunrise Flour Mill, located in North Branch, MN. MBFC Board Member, Nancy Hoffman, Executive Director of Chisago County HRA/EDA, presented the check. Sunrise Flour Mill started in...
by Jana' Nyholm | Dec 22, 2020 | Announcements
This is preliminary information shared by NADCO, details to follow in coming weeks. Greetings from MBFC, Congress passed a sweeping year-end bill to provide long-delayed coronavirus relief and continued government funding, capping off a months-long fight for...
