Gov. Pierluisi and SBA Administrator Discuss the Need to Cut Delays in Loans
Governor Pedro Pierluisi and the federal Small Business Administration (SBA) administrator, Isabella Casillas Guzmán, discussed the need to reduce delays in the document processing for the Economic Injury Disaster Loan (EIDL), as well as opportunities for the economic development of Puerto Rico.
The public officials addressed the press in La Fortaleza after holding a meeting that was also attended by the secretary of Economic Development and Commerce (DDEC) Manuel Cidre, the executive director of the Puerto Rico Fiscal Agency and Financial Advisory Authority (AAFAF), Omar Marrero, and secretary of the Puerto Rico Treasury, Francisco Parés.
“It is inspiring to hear first-hand from small business owners in Puerto Rico who have worked hard to adapt and survive while facing uncertainty and difficulties during COVID-19. I am proud of the work that the SBA does to assist small businesses in Puerto Rico, and I want to thank Governor Pierluisi for his collaboration as we work together to build a better Puerto Rico,” said Casillas Guzmán.
Casillas Guzmán visited Puerto Rico as part of series of activities scheduled for the National Small Business Week (NSBW) that extends from the 13 to 15 of September.
“I thank Administrator Casillas Guzmán for her visit to Puerto Rico at a time when our nation faces unprecedented challenges as a result of the effects of COVID-19 on the economy. SBA has supported our management and has played a central role during the recovery of small businesses that have been affected by the pandemic,” Pierluisi said.