Fishers now qualify for federal loan amid economic downturn

SEATTLE (AP) — Fishers are now able to count their crew as part of their employee payroll to qualify for federal loans intended to help businesses following economic downturn caused by the coronavirus pandemic. The Seattle Times reports that the federal rule change was published Thursday after captains discovered crew members could not be included in the first federal relief aid program. Fishers have been contending with poor markets as restaurants closed or reduced service to limit the spread of COVID-19. The Paycheck Protection Program loans may be forgiven if certain conditions are met, including spending a large portion of the money to retain employees.

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