SBA backs $741M+ in PPP loans of up to $150K in Puerto Rico
July 7, 2020
The U.S. Small Business Administration and the U.S. Department of Treasury released Paycheck Protection Program Loan data that revealed that since the start of the program in April, local banks have processed some 35,896 loans ...
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SBA has guaranteed $1.8B in payroll protection loans in Puerto Rico
June 30, 2020
The U.S. Small Business Administration has guaranteed 36,417 in loans totaling $1.8 billion under the Payroll Protection Program, for which it will accept applications 11:59:59 p.m. tonight, the agency confirmed. The June 30 deadline was ...
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SBA, Treasury Department announce $10B for CDFIs to participate in PPP
May 29, 2020
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, announced that it is setting aside $10 billion of Round 2 funding for the Paycheck Protection Program to be lent exclusively by Community ...
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