by MBFC | Jan 26, 2021 | Industry Insights
The Economic Aid Act enacted December 27, 2020 expanded the eligibility of payment subsidies for 7(a) and 504 loans under Section 1112 of the CARES Act. To better assist our lending partners in understanding the expanded eligibility for Section 1112 payment subsides,...
by MBFC | Jan 25, 2021 | Industry Insights
With the Economic Aid Act-New COVID Relief, there will be exciting changes coming to the SBA 504 Loan Program! Information is limited at this time and will be forthcoming from SBA. Stay tuned to MBFC as your information source for additional email updates and lender...
by MBFC | 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...