Lakeshore Depot

Term Loan
Lakeshore Depot, opened in 2020, serves as a “farm stop” (a hybrid grocery store/farmers market) that exclusively features local and regional foods and seasonal, fresh produce. Additionally, they have a deli and primarily make soup, sandwiches, and beverage items featuring local ingredients. Lakeshore Depot is unique in its Marquette, MI community for its focus on local and regional foods and its participation in the Double Up Food Bucks and Fresh Food Access programs.
Financing Purpose & Date:
Fair Food Fund provided Lakeshore Depot with a microloan to refinance expensive business cash advance debt and sustain the business as it prepares for future financing from a community lender that will support their long-term growth plan, including hiring a manager and increasing product selection.