Who is eligible to apply for CARES 2.0 Act
The eligibility requirements for CARES 2.0 are the same as they were for the first CARES (1.0) round.
In order to qualify, applicants must be at least 18 years of age, be willing to self-certify on a legal affidavit a 2020 or 2021 revenue loss of greater than 35%, compared to the most recent 5-year average, and have, prior to March 27, 2020, reported for-hire or commercial harvest of finfish, shellfish including crabs, or aquaculture products and/or report seafood dealing activity in one of the three years including 2017, 2018, 2019.
Revenue loss may have occurred over any time period in 2020 or in 2021 that is 4 consecutive weeks or greater between March 16, 2020 and the time of the application and may not include projected future losses. Revenue loss may not straddle the calendar year. A loss in 2020 must occur between March 16 and December 31, 2020. A loss in 2021 must occur between January 1, 2021 and the date of your application.
In addition, applicants must meet one of the following criteria:
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