The U.S. Small Business Administration has reopened the Paycheck Protection Program (PPP) to new loan applicants, while a recent change amends the rules so that commercial fishermen can receive financial help to cover crew wages.
The June 26 change allows fishermen to count crew members’ wages as payroll costs when applying for the program to help employers pay their bills and make it through the economic hit of the COVID-19 pandemic. Crew members are usually…