About the Program
The Fisheries Emergency Loan program will provide funding in the form of a repayable loan to qualified applicants. The funds from this loan shall only be used to pay non-deferrable operating expenses including, without limitation, payroll, rent, utilities, insurance, property tax and regularly scheduled debt service and may not be used to fund any payments or expenses such as loan prepayment/refinancing of existing indebtedness, payments of dividends and/or distributions and increases in management compensation.
- Max $25,000
- Max 5 years of financial assistance
- Cash Flow
- Short term assets