DDEC, SBA urge SMEs and to apply for COVID-19 recovery loans before Dec. 31
December 20, 2021
The Department of Economic Development and Commerce (DDEC, in Spanish) and the U.S. Small Business Administration are urging small and medium-sized enterprises (SMEs) and nonprofits to apply for the Economic Damage Disaster Loan if their ...
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Puerto Rico/USVI businesses approved for $2B+ in SBA COVID disaster loans
November 22, 2021
The U.S. Small Business Administration has approved more than 28,000 loans to businesses in Puerto Rico and the US Virgin Islands exceeding $2 billion through its COVID Economic Injury Disaster Loan (EIDL) program, it announced. ...
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Oriental leads in 7(a), 504 SBA loan originations
November 9, 2021
The US Small Business Administration confirmed that Oriental established itself as the leading bank in loan origination volume under the agency’s 7(a) and 504 financing programs. “We reiterate our commitment to small and medium businesses. ...
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