The University of Puerto Rico-Mayagüez (known as RUM) and the Makers Against COVID-19 (MAC19) collective have donated a combined 2,300 face shields — 855 of which have gone to health professionals in Puerto Rico’s western region. The entities signed a collaboration agreement that will strengthen the distribution logistics of this protection equipment. “This coalition means […]
The U.S. Small Business Administration released a report today confirming that Puerto Rico’s banking partners approved a combined 2,856 loans for a total of $658.5 million under the Paycheck Protection Program (PPP) as of April 16. In total, the loan count for eligible businesses across the U.S. mainland and its territories totaled 1.7 million, representing […]
Popular announced that the Small Business Administration approved a total of $494 million in loans to its clients under the Paycheck Protection Program (PPP). Of these, $398 million was granted through Banco Popular de Puerto Rico and $96 million through Popular Bank, Popular’s banking subsidiary on the U.S. mainland. The Paycheck Protection Program was well received in Puerto […]
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