Finance PEI

Fisheries Emergency Loan

 
 

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.

Prince Edward Island | Loans and Repayable Contributions

Funding Limits

Eligible Expenditures

  • Max $25,000
  • Max 5 years of financial assistance
  • Cash Flow
  • Inventory
  • Labor
  • Short term assets
  • Other

Contact information

Guidelines and Forms

Website

Contact someone about this loan


Keywords: PEI, Fish, Oyster, Fishery, Emergency, COVID-19, Lobster, Marine, Food
Date Modified : 2020-06-04

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