All posts tagged "SBA"
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SBA Re-Opening PPP to Small Lenders on Friday, All Lenders on Tuesday
Lenders with $1 Billion or Less in Assets Will be Able to Submit First and Second Draw PPP Applications on Friday
- Posted January 14, 2021
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Initiative to help local businesses face new challenges
These new resources will complement the business advisory services that are usually offered by SBTDC business consultants.
- Posted October 29, 2020
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SBA Awards Puerto Rico Trade & Export Co. $385K to Expand Opportunities for Small Businesses
Funding comes from part of State Trade Expansion Program
- Posted September 29, 2020
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Virtual business missions will be held in October to Grow exports to Latin America
Puerto Rico’s commerce department counting on initiative to foster opportunity
- Posted September 24, 2020
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SBA: Paycheck Protection Program Loan Funding Still Available for Puerto Rico, USVI
Loan Forgiveness Application Released
- Posted May 18, 2020
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SBA urges businesses to vie for remaining $100 billion in PPP funding
More than 20,000 SMEs in Puerto Rico, USVI benefit from $1.1 billion in Covid-19 emergency loans
- Posted May 7, 2020
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Puerto Rico’s Top 3 Banks Issue $748M in PPP Loans to SMEs
Oriental Bank Approves $140 Million in SBA-backed Financing; 80% Issued to Small Businesses
- Posted April 20, 2020
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Small Business Payroll-Loan Application Period Begins
Loan to pay employees during COVID-19 crisis has 0.5% interest rate, 2-year maturity, but may be forgiven
- Posted April 3, 2020
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SBA Grants Puerto Rico Gov’s Request for Support
Economic Injury Disaster Loans and up to $2 million in assistance for loss of revenue or fixed debts, payroll, accounts payable and other bills; interest rate asked to be 3.75% or the lowest applicable rate
- Posted March 23, 2020
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SBA to Provide Businesses Impacted by Covid-19 Up to $2 Million in Loans
May be used to pay fixed debts, payroll, accounts payable and other bills
- Posted March 18, 2020