Monticello Economic Development Authority Agenda Packet April 2026
GMEF loan backs L&L Homestyle Café expansion
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Description
L&L Homestyle Café, LLC was approved as co-borrower on a $65,000 GMEF loan to upgrade and equip its new restaurant space on West Broadway. The EDA’s assistance is structured as a business subsidy with security through guarantees and a UCC lien.
Contract Details
Contract Amount
$65,000
Vendor
L&L HOMESTYLE CAFÉ LLC
Agency
Town of Monticello, MN
Contract Type
FINANCIAL_SERVICES
Document Date
April 8, 2026
Renewal Info
One-time GMEF loan; no renewal or extension language provided in meeting minutes.
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