National Fisherman

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>>

Inside the Industry

The Center for Coastal Studies recently announced that Owen Nichols, Director of the Center for Coastal Studies’ Marine Fisheries Research Program, has been selected as this year’s recipient of the John Annala Fishery Leadership Award by the Gulf of Maine Research Institute. 

Read more ...

Cummins  announced the opening of a new Alaska service location on Kodiak Island last week that will serve as a service and support location for commercial marine applications.

Read more ...
Try a FREE issue of National Fisherman

Fill out this order form, If you like the magazine, get the rest of the year for just $14.95 (12 issues in all). If not, simply write cancel on the bill, return it, and owe nothing.

First Name
Last Name
U.S. Canada Other

Postal/ Zip Code