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Crisis Management

During the coronavirus pandemic, thieves and scammers are bound to work at getting their hands on the federal stimulus money that’s coming to many citizens soon. Stimulus checks should arrive under these general guidelines:

  • $1,200 to individual taxpayers making less than $75,000
  • $2,400 for married couples filing jointly and earning less than $150,000 combined
  • $500 per qualifying child younger than 17

Dealers can help their employees and families avoid scammers by giving each team member a copy of these eight recommendations from Ohio Attorney General Dave Yost:

  1. You DO NOT have to sign up anywhere to get your federal payment.
  2. DO NOT respond to any claims that you must pay something. There is no payment to make.
  3. AVOID anyone saying they can get you an instant check or speed up the process.
  4. NEVER provide personal information or pay a “processing fee” to receive a quicker payment.5. DO NOT click on links or download any attachments without verifying the source. Doing so could draw malicious software designed to steal your personal information or lock your computer until you pay a ransom.
  5. The government WILL NEVER call you asking for your Social Security number, or credit card or bank account information. Same applies to PayPal. Payments are made through direct deposit or mailed check, depending on your last federal income tax filing.
  6. It could be A SCAM if you receive a stimulus check for an odd amount of money or if you are asked to verify the check online or over the phone.
  7. You SHOULD RECEIVE a mail notice confirming that your payment was sent and when. If you can’t locate the payment at that point, contact the Internal Revenue Service. For updates, go to the IRS website.

Governors urged to Back Fishing

Kudos to the American Sportfishing Association for working overtime to contact the governors in all 50 states, urging them to recognize the importance and value of maintaining access to waterways for anglers.

Closures and restrictions related to the COVID-19 pandemic are justifiably sweeping the country. The word “essential” has never had more meaning. ASA’s “Keep America Fishing” program is convincing state leaders that designating fishing as “essential” will keep fishing opportunities and the necessary related businesses open.

“In no way do we want to stand in the way of states’ efforts to limit the spread of COVID-19 and recognize that in certain cases fishing access restrictions are warranted,” says Mike Leonard, ASA vice president of government affairs. “Given that recreational fishing provides health benefits associated with being outdoors, and a source of food for many individuals, we support state efforts to maintain fishing opportunities while keeping physical distance, and to allow sportfishing businesses to stay open.”

So far, the appeals appear to be accepted in most states. Meanwhile, Keep America Fishing is monitoring state parks’ and fisheries’ agencies responses to the pandemic. Get updates on its website through an interactive map.

Paycheck Protection Program

The application process for the Paycheck Protection Program is set to open tomorrow, April 3, according to NMMA’s Currents newsletter. PPP is an initiative included in the $2 trillion economic relief bill that President Trump signed last week.

PPP authorizes nearly $350 billion in forgivable loans to businesses to pay up to eight weeks of payroll costs, including benefits. Moreover, funds can also be used to pay mortgage interest, rent and utilities. Click here to learn more.

Additional PPP information and the application process will be available tomorrow at this link.

NMMA is also helping industry stakeholders navigate the PPP application process, as well as the broader economic relief bill, by hosting a webinar Friday, April 3, from noon to 1 p.m. Eastern Time. You can register here.



Marine Concepts Names Chief Executive

Industry veteran Terry McNew had a long tenure at MasterCraft, where he led the company through its initial public offering.


CED Marine Adds Sales Manager

Mark Sullivan previously spent more than 15 years at Navico and will cover the Southeast.


Writing Contest Open for Entries

Boating Writers International’s annual competition recognizes achievements in marine journalism, photography and videography.


MRAA’s Dealer Week Opens Tomorrow

The annual conference includes more than 20 educational sessions to help dealers adapt to the changing marketplace.


Industry Mourns Cruisers Yachts Owner

K.C. Stock, who was 84, was known for his “commitment to the employees at Cruisers Yachts.”


Grand Banks Purchases Florida Property

The parcel, which is opposite the company’s Stuart yard, has berths for up to nine boats and will increase service capabilities.


Limestone Boat Co. Posts Q3 Results

Unit production was down compared with the second quarter, and revenues decreased 33%.


Yamaha Dealers Now Carry Siren Systems

Siren Marine’s “Connected Boat” technology can be purchased and installed at more than 2,100 Yamaha outboard dealers.


Northpoint Expands Marine Presence

Northpoint Commercial Finance has partnered with Elite Recreational Finance to offer retail financing.