Information regarding PPP Loans

Beginning today, January 11, 2021, PPP loans are again made widely available to fishing and shoreside small businesses and other eligible entities in the shrimp industry. SBA will begin by processing ‘first draw’ applications (see below). PPP loans provide an important source of financial relief from the impacts of the pandemic on the shrimp industry. They […]

SSA’s John Williams Asks Shrimp Industry to Please Complete NOAA Covid-19 Impacts Survey

NOAA is conducting a survey to assess the impacts of the COVID-19 pandemic on our nation’s commercial and for-hire fishing operations and seafood dealers/processors.This nationwide survey will be used to inform NOAA, the Department of Commerce, Congress, fishery managers and stakeholders about the economic and social impacts the pandemic has had on the fishing industry. […]

Senate Commerce Committee Holds Hearing on the Future of the U.S. Commercial Seafood Industry

This morning, the Senate Committee on Commerce, Science, and Transportation convened a hearing titled, Building a Stronger and More Resilient Seafood Sector to examine the national and regional impact of COVID-19 on the seafood industry and the likely effect of fisheries disaster funding provided in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Presided […]

SBA revised FAQ on PPP

The SBA issued a revised set of FAQs regarding the PPP program which can be found here:

Got questions on vessel procedures for covid-19?

Hi everyone. I hope this finds you well. If you didn’t already see this National Fisherman Magazine hosted a webinar yesterday on developing vessel procedures for COVID-19. The recording is available for free, and there is also an upcoming Q&A session on May 5th. This is also free, but you need to register. Please share with […]

President Trump Signs New Coronavirus Assistance Bill

Today, the President signed into law the “Paycheck Protection Program and Health Care Enhancement Act”. Among other things, this legislation provides an additional $310 billion for the Small Business Administration (SBA) to issue loans and loan forgiveness under the Paycheck Protection Program (PPP). It is unclear when the SBA will resume accepting or processing PPP […]

Update on the SBA Paycheck Protection Program for the Shrimp Industry

The Southern Shrimp Alliance has been working on the national, local and individual levels to ensure the many small businesses that comprise the US the shrimp industry have access to, and are fully informed on how to access federal coronavirus response programs – in particular, the Small Business Administration (SBA) Paycheck Protection Program (PPP). Last […]

The Small Business Owner’s Guide to the CARES Act

The programs and initiatives in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was just passed by Congress are intended to assist business owners with whatever needs they have right now. When implemented, there will be many new resources available for small businesses, as well as certain non-profits and other employers. This guide […]