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...
by MBFC | Nov 13, 2020 | Announcements, Success Stories
MBFC finalized an award winning year for SBA 504 loans across our region. Listed below are some of the top highlights. Our Annual Meeting was held online on Wednesday, October 28th. MBFC was recognized by the U.S. SBA Minnesota District Office as the 2020 Top CDC of...
by mbfc | Feb 10, 2019 | Success Stories
The creative dance vision of Cindy Clough and the business acumen of husband Steve catapulted Just For Kix (JFK) from a tiny firm run out of the Clough home to a national, multimillion-dollar operation. JFK oversees precision dance team programs involving 18,000...
by mbfc | Feb 10, 2019 | Success Stories
Crafts Direct has always been a family establishment. The retail crafts store in Waite Park, Minn. has its origins in 1990 when John and Diane Schlecht and two friends opened a 10,000-square-foot shop. Sales grew, and in 1994 the Schlecht’s purchased full ownership of...
by mbfc | Feb 10, 2019 | Success Stories
Lindar Corporation is a manufacturer of thermoformed plastic products. Founded in Remer, Minn., in 1979, the company’s two key product lines are disposable paint liners and food packaging materials. In fact, Lindar is the largest producer of paint tray liners in the...
by mbfc | Feb 10, 2019 | Success Stories
Lind-Rite Precision Company was started in 1987 in a double garage in Alexandria, MN by Rod Femrite and Jeff Lindner. In 2006 the company moved into a new 22,500 sq. ft. facility in Osakis, MN – population 1700. In 2012, Rod decided it would be time to retire....
