Tag Archives: aquaculture businesses
Small businesses affected by Alaska crab crash may be eligible for low-interest federal loans
The U.S. Small Business Administration is offering special disaster loans to some businesses hurt by the recent red king crab and snow crab closures. The SBA declared a disaster following a relief request from Gov. Mike Dunleavy for the crab fisheries closures in the Bering Sea and Bristol Bay. Along with U.S. Rep. Mary Peltola, Dunleavy requested a total of nearly $290 million from the federal government last year the estimated total ex-vessed loss for both fisheries since 2021. “We’re committed to providing federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and communities recover and rebuild,” said SBA Administrator Isabella Casillas Guzman. >click to read< 15:12
It’s Important! N.J. cleared to provide $11M in relief for sinking fishing industry
Months after the pandemic rocked New Jersey’s fishing industry, millions of dollars in federal coronavirus relief is set to finally flow to the anglers that need it. The National Oceanic and Atmospheric Administration has approved New Jersey’s plan to spend $11.3 million in federal fisheries relief, U.S. Rep. Frank Pallone, D-6th Dist., announced Tuesday. The approval allows state authorities to begin distributing the money, which was allocated to the state as part of the $2 trillion CARES Act that became law in March. >click to read< 09:25
