(Pictured: Zachery Lagred, Eagle Bank and Ryan Steinhofer, RMV Machining)

MBFC is honored to present RMV Machining a VetLoan Advantage Rebate of $3,000. This rebate is part of MBFC’s Strategic Initiative of the National Association of Development Company’s (NADCO) VetLoan Advantage program. MBFC is the only Certified Development Company in the upper Midwest to offer a rebate to Veteran business owners that are active or retired members of military service as a way to honor their service to our Country.

RMV Machining is owned by Ryan Steinhofer and is located in Glenwood, MN. Terry Stein, Vice President Business Development of MBFC, and Zachery Lagred of Eagle Bank presented the rebate at Ryan’s business.

Ryan worked with MBFC on the SBA 504 loan project to purchase equipment needed for his established manufacturing business. Zachery Lagred of Eagle Bank  partnered with MBFC on the project as Ryan’s lead bank. The business manufacturers a variety of machining parts/needs for companies in the airline and ground support industries.

Ryan joined the MN Army National Guard in 2005 as a 19K (M1 Abrams Tank Crewmember). He served for 9 years and was deployed in 2011 in support of the Operation New Dawn. He came home in April, 2012. He then made the decision to attend Alexandria Technical and Community College for Machine Tool Technology. Ryan commented, “I learned many valuable leadership skills in the military which helped me get to where I am today.”

MBFC thanks Ryan Steinhofer for his
military service to our Country!

For additional information about benefits for veteran business owners, contact your MBFC Business Development Officer today by visiting our website at www.mbfc.org