Yankee Fishermen’s Co-op had banner 2020. Does it have to pay back Coronavirus relief funds?

Yankee Fishermen’s Cooperative weathered the Coronavirus pandemic and then some. The cooperative at Seabrook Harbor grossed more revenue in 2020 than 2019, according to president Jim Titone.  He said he is concerned the cooperative will have to return the grant partially or in full, because on paper, it appears as though they were more prosperous, despite the pandemic, even though many of the facilities and equipment are at least 30 years old and are due for replacement, Titone said he would like to use the Main Street Relief monies to upgrade the cooperative, including installing a new 20,000-gallon lobster tank to accommodate the additional Maine lobstermen who joined the cooperative during the pandemic, and to build a new ice house. >click to read< 07:54

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