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Board defers Gala Cakes / Mix and Mission action; requests projections, governance documents
Summary
The Loan Administration Board deferred action on a request from Gala Cakes and its new nonprofit Mix and Mission until its February meeting and asked the applicant for projections and governance documents.
Gayla Bell, owner of Gala Cakes, told the Loan Administration Board on Oct. 24 that she is winding down retail bakery orders while building Mix and Mission, a nonprofit vocational training project. Bell said Mix and Mission has obtained 501(c)(3) status and is pursuing partnerships with Dream Center and WorkOne to pilot training using middle- and high-school students, with a tentative ribbon cutting targeted for 2026.
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