Permit Loan Program

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boat 26newsletterWatershed residents can save tens of thousands of dollars on the cost of commercial fishing permits through BBEDC's Permit Loan Program. To retain and return limited entry permits to the region, BBEDC enhances residents' ability to purchase and successfully operate a limited entry salmon permitted operation through a program to provide a menu of financial and technical services including financial guarantee, down payment grant, interest assistance, principal reduction assistance, technical assistance and/or training to successful applicants.  Participants are selected through an evaluative process.

Eligibility is open to residents of Aleknagik, Clarks Point, Dillingham, Egegik, Ekuk, Ekwok, Igiugig, Iliamna, King Salmon, Kokhanok, Koliganek, Levelock, Manokotak, Naknek, Newhalen, New Stuyahok,  Nondalton, Pedro Bay, Pilot Point, Port Alsworth, Port Heiden, Portage Creek, South Naknek, Togiak, Twin Hills, and Ugashik.

If you have any any questions regarding residency requirements or questions about any extended absences you may need to take, please contact BBEDC and have them addressed BEFORE you begin your travel.

2024 Permit Loan Fact Sheet

2024 Permit Loan Application

For more information, contact Alice Ruby at 1-907-842-4370 or 1-800-478-4370.