SSBCI financing planned for The Shack restaurant
Big Sky Economic AuthoritySpecial District · Billings, MT- Disclosed value
- $121,800 (25% of total project)
- From agenda
- Document date
- Feb 12, 2026
The 30-second brief
Big Sky EDC plans an SSBCI 2.0 participation loan of $121,800 to The Shack restaurant to acquire its Twin Bridges property and equipment. The 10-year, 3.5% fixed-rate note amortized over 20 years will share a first lien position with Opportunity Bank and restore a key dining service in the rural community.
The Shack holds this financial services contract with Big Sky Economic Authority. Its other public contracts on record include work for City of Bayard and Lockport Twp HSD 205.
Term as filed: 10-year term amortized over 20 years; fixed rate 3.50%.
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Contract details
- Contract type
- Financial Services
- Amount
- $121,800 (25% of total project)
- Document date
- February 12, 2026
- Term
- 10-year term amortized over 20 years; fixed rate 3.50%
- Vendor
- The Shack
- Source document
- Big Sky EDA/EDC Joint Board Meeting Agenda February 2026 (Agenda)
The Shack's other public contracts
More Big Sky Economic Authority contracts
Questions about this contract
Who was awarded the financial services contract by Big Sky Economic Authority?
The Shack was awarded this financial services contract by Big Sky Economic Authority, as recorded on February 12, 2026. The contract value is $121,800 (25% of total project).
How much is the The Shack contract with Big Sky Economic Authority worth?
The The Shack contract with Big Sky Economic Authority is valued at $121,800 (25% of total project), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in Big Sky EDA/EDC Joint Board Meeting Agenda February 2026 (Agenda), dated February 12, 2026 from Big Sky Economic Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does The Shack hold?
The Shack may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Big Sky Economic Authority currently buying?
Explore Big Sky Economic Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.