The Pacific States Marine Fisheries Commission (PSMFC) recently announced that applications for Washington’s second round of CARES Act funding in the amount of $40 mil. for the seafood industry are available as of July 1. The deadline to submit a completed application is 11:59 p.m. (PDT) on Friday, October 14, 2022. An application can be found here. Pursuant to Washington’s Round 2 Spending Plan, direct payments will be made to qualifying Washington residents and Washington based businesses based on commercial fishing related revenue losses that were incurred between August 1 and December 31, 2020 in full or over a period of at least 28 consecutive days within this period. To qualify, an applicant must have incurred revenue losses of greater than 35% as compared to their prior 5-year average (2015 – 2019).
Washington “Round 2” CARES Act Seafood Industry Relief Applications Now Available; Application Deadline: OCTOBER 14, 2022.
July 8, 2022