Skowhegan EDC reviews $85,000 RLF request for Snack Shack expansion

Chairman Matt DuBois and the Skowhegan Economic Development Corporation heard from Bryan Belliveau, director of Economic & Community Development, and applicant Fabian Fernandez on a requested $85,000 Revolving Loan Fund loan for the Snack Shack.

The request, presented by Fabian Fernandez, would fund an outdoor bar, patio seating, and recreational features intended to boost tourism and support community growth. Fernandez said the project would create six to eight new staff positions. He told the board that the project's initial budget was about $70,000 but costs rose because of additional requirements and permit expenses.

Why it matters: The board raised immediate questions about ownership and lease structure before any recommendation to the Selectboard or loan approval. Fernandez explained that Erin Hall purchased the business last year and that a $100,000 RLF loan was issued in Hall's name; the property is leased from landowner Kathy Rodden under a five‑year lease. Fernandez said he and Hall are partners and that he carries most of the financial obligations.

Board response and next steps: Members suggested a line of credit as an alternative financing approach and asked for copies of the ownership and lease agreements so the Town’s legal counsel can review them before the board makes any recommendation to the Selectboard regarding disbursing funds. No motion to approve financing was taken at the meeting.

The record shows the board asked staff to obtain documentation and return with legal review and financing options at a future meeting.