Tag Archives: financial disaster

Local Crabbers React to Possible SBA Loan Help

Crab-3-jpgThe federal Small Business Administration is trying to find out if California crab fishermen have suffered significant financial losses by a delay in the start of the annual Dungeness and rock crab fishing season. If the losses are substantial enough a  could be declared and low-interest loans would be available to crab fishermen who need them. “We’d rather go fishing we don’t want SBA loans, I can’t make that more clear”, Lori French says, “we’d rather go fishing, we’ve been self-supporting for a lot of years and we want to keep it that way, we’ve never asked for a handout and we don’t want a handout now.” Read the article here 09:04