Maine lobstermen prepare for uncertain summer season, hoping for further federal relief

More than 1,300 lobstermen in Maine – about 1 in 3 – received forgivable loans through the Paycheck Protection Program (PPP), with the majority amounting to roughly $10,900.,, New data from the U.S. Small Business Administration shows that altogether, Maine’s lobster industry received roughly $24 million in PPP funding, the most given to any business concern in the state; dine-in restaurants, beauty salons, real estate, and home building received the next highest amounts. While the bulk of the fishing sector money – nearly $15 million – went to fishermen, some dealers, retailers and processors received loans between $150,000 and $1 million. >click to read< 17:49

One Response to Maine lobstermen prepare for uncertain summer season, hoping for further federal relief

  1. jim O’Connell says:

    What happened to Trumps promised financial aid he made at the airport meeting?

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