City Council approves $1 million USDA loan for Edible Gardens
Just a month ago Webster City learned the former Natural Shrimp building, 401 Des Moines St., would be converted to a high-volume protein supplement factory run by Edible Gardens Prairie Hills, LLC. Ultimately, the 400,000-square-foot manufacturing facility will make 100,000,000 units of the protein drink annually for an as-yet unnamed launch customer. Last night, council approved an application for a $1,000,000 loan for Edible Gardens under the U.S. Department of Agriculture’s Rural Economic Development program. The no-interest loan, will run for a term of 10 years. Edible Gardens ...