Tag Archives: Department of Marine Resources Commissioner
Maine: 1 in 3 Lobstermen got small Paycheck Protection Program loans
About $14.9 million in forgivable Paycheck Protection Program, or PPP, loans of less than $150,000 have been handed out to 1,358 Maine lobstermen, according to an analysis of newly released U.S. Small Business Administration data. That puts lobstermen ahead of full-service restaurants, real estate offices, beauty salons and home builders, which rounded out the top five Maine industries receiving small PPP loans. Maine’s $1.4 billion-a-year lobster industry – including those who buy, sell and process lobster as well as catch it – have received 1,495 forgivable PPP loans worth at least $24.2 million, so far. Fishermen got the lion’s share of the industry’s total PPP money, but only because they outnumber dealers, retailers and processors. Some dealers got loans of up to $1 million. >click to read< 07:15
Elver fishermen unite as tribes agree to new rules
Last year, Maine fishermen harvested elvers worth more than $11.4 million from the state’s streams and rivers. That made the fishery for the tiny, translucent juvenile eels the fourth most valuable in the state, but it still wasn’t a good year. A cold, dry spring delayed the migration of elvers from the sea into the rivers where harvesters set their gear. As a result, Maine fishermen landed just 5,259 pounds of the tiny wrigglers, little more than half the 9,688-pound quota allocated the state by the Atlantic States Marine Fisheries Commission. When the Maine Elver Fishermen Association gathered for its annual meeting Saturday morning, harvesters received some good news from Department of Marine Resources Commissioner Patrick Keliher and former MEFA Executive Director Jeffrey Pierce. Read the article here 09:42
