Puerto Rico-based financial institution Oriental confirmed that as a result of the first and second round of the SBA (7a) Payroll Protection Program, granted more than $275 million in loans, benefiting 3,300 businesses and 58,000 employees of small and mid-sized businesses. “We’re closing this first and second-round process, achieving excellent results, supporting our small and […]
The Federal Emergency Management Agency and the Central Office for Recovery, Reconstruction and Resilience, or COR3, obligated roughly $95.4 million for 552 projects during April – more than the total number of projects approved between the months of January and September 2019 combined, they confirmed. Municipalities across the island received the bulk of these obligations […]
Taxi drivers and public carriers have been given the green light to make light cargo deliveries, and strike agreements with different businesses— including mobile applications — to conduct such activities, Bureau of Transportation and Other Public Services president Luis D. García-Fraga announced. The agency issued notice XIV-2020 to establish the process through which taxi drivers […]