U.S. Small Business Administration Names Minnesota Family-Owned Small Business of the Year

The U.S. Small Business Administration (SBA) has named Reichman Cattle Company, of Glenwood, as SBA’s 2025 Minnesota Family-Owned Small Business of the Year. This award is one of several awards by the SBA Minnesota District Office that will be announced in the coming weeks ahead of National Small Business Week, which will be held May 4-10.

The Reichmann family has been part of Minnesota’s agricultural community for over five decades. Founded by Curt and Sharon Reichmann in 1970, the family farm has evolved from a dairy operation into a thriving grain and feeder cattle business. Today, their sons, Dean and Tony, oversee the daily operations of the 2,000-acre farm, with support from their mother, Sharon, and their growing children.

Despite medical challenges, patriarch Curt remains a key part of the operation, providing financial oversight and strategic planning, ensuring that the farm remains successful for generations to come.

A major milestone for the Reichmann’s came in 2023, when they constructed a new cattle facility to expand their operation. This project was made possible, in part, with an SBA 504 loan that was facilitated by Minnesota Business Finance Corporation (MBFC) in partnership with Glenwood State Bank. The completion of the new facility in April 2024 marked a turning point for the Reichmann Cattle Company. With over 700 head of feeder cattle, the operation has grown significantly, increasing revenue streams and strengthening the family’s long-term succession plan.