The US Small Business Administration’s Paycheck Protection Program (PPP) has ended, as funding has run out more than two weeks before the program’s official May 31 deadline, sources have confirmed to News is my Business. Sources not authorized to speak publicly have confirmed the information that was first reported by The New York Times. According […]
New car sales for the month of February 2021 blew past previous records with a total of 10,540 new units sold in Puerto Rico, a 25.4% increase over the same period last year, according to figures released by the United Automobile Importers Group (GUIA for its Spanish acronym). New car sales for February 2020 totaled 8,402 units. […]
The US Small Business Administration’s Paycheck Protection Program has approved close to $500 million in loans in Puerto Rico and more than $36 million in the US Virgin Islands, the agency announced in its March 7, 2021 report. Moreover, the SBA has approved 12,154 PPP loans for businesses and nonprofits in Puerto Rico, a 10.9% […]