Zumbrota Economic Development Authority Weighs Support for Local Business Amid Financial Concerns
- Meeting Overview:
Overview: A significant portion of the recent Zumbrota Economic Development Authority meeting focused on a proposal from Ann Marie Stall to take over Bridget’s Cafe and rename it Annie’s. Stall sought a $25,000 operating line of credit from the EDA to cover initial expenses such as food vendor payments and payroll until the business’s cash flow stabilized. The proposal included depositing the $25,000 into a bank account to secure a revolving line of credit, repayable over a year, with the bank holding the deposit as collateral.
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Todd Hammel
Economic Development Board Officials:
Lindsey Raasch, Tina Hostager, Brian Haugen, Dave Dahlen, Bob Hawley, Joan Bucher (City Council Liaison)
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Meeting Type:
Economic Development Board
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Committee:
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Meeting Date:
12/17/2025
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Recording Published:
12/18/2025
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Duration:
90 Minutes
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Notability Score:
Routine
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State:
Minnesota
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County:
Goodhue County
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Towns:
Zumbrota
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