Written by Jen Finn
The U.S. Small Business Administration has announced the availability of long-term, low-interest loans for people affected by chinook salmon fishery disaster declaration. However, some local fishermen say they are uninterested in taking out loans to recover from last season.
Businesses in affected areas in the Kenai Peninsula Borough, Lower Kuskokwim and Lower Yukon Rural Education Attendance Areas, the Matanuska Susitna Borough, and some neighboring areas, can apply for the loans until Aug. 21, 2013.
Applicants must have a credit history "acceptable to the SBA," must prove that they can repay the loan and must provide collatoral for all loans over $5,000 according to the SBA fact sheet on economic injury disaster loans. While the SBA will not decline loans based on a lack of collateral it will require borrowers pledge collateral that is available.
Read the full story at Homer News>>
The anti-mining group Salmon Beyond Borders expressed disappointment and dismay last week at Alaska Governor Bill Walker’s announcement that he has signed a Memorandum of Understanding with B.C. Premier Christy Clark.
This came just days after his administration asked members of his newly-formed Transboundary Rivers Citizens Advisory Work Group to provide comment on a Draft Statement of Cooperation associated with Transboundary mining.Read more...
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