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Coronavirus: CARES Act Helps Preserve New Jersey’s Commercial Fishing Industry, Coastal Economy

The recently passed CARES Act provides emergency loans and other forms of relief for American small businesses affected by the ongoing coronavirus crisis. The Act also included over $300 million specifically intended to help the domestic fishing industry, one of the many industries harmed by the ongoing closures necessary to stop the spread of COVID-19. This federal support is essential for the future of New Jersey’s fishing industry, which is a key part of the state’s coastal economy. According to statistics compiled by the Garden State Seafood Association, >click to read< 18:02