Harmony Economic Development Authority Meeting Minutes February 2026
Interest Rate Cut On Everybody Eats EDA Loan
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Description
The Harmony EDA is amending its RED loan agreement with Everybody Eats, LLC to reduce the interest rate to 3%. The modification is part of a broader effort to allow local businesses to refinance at more favorable terms.
Contract Details
Vendor
EVERYBODY EATS LLC
Agency
City of Harmony, MN
Contract Type
FINANCIAL_SERVICES
Document Date
February 5, 2026
Renewal Info
Loan modification applies a 3% interest rate; maturity date and schedule remain as previously established but were not detailed in the minutes.
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