The U.S. Small Business Administration, in consultation with the Treasury Department released a simpler loan forgiveness application late last week for Paycheck Protection Program (PPP) loans of $50,000 or less. This decision could affect a little more than 32,000 PPP loans granted in Puerto Rico, according to SBA data released earlier this year. This action […]
Puerto Rico has been awarded nearly $1.9 million for two projects — the Puerto Rico Science, Technology and Research Trust and the Migrant Health Center Western Region Inc. — that will provide enhanced access to telemedicine and online education to rural communities. The funding comes from the U.S. Department of Agriculture’s Distance Learning and Telemedicine (DLT) […]
A total of 443 petitions were filed at the U.S. Bankruptcy Court in Puerto Rico during the month of September, representing a 31.1% drop from the same month in 2019, according to a report released by research firm Boletín de Puerto Rico. In September 2019, the court received 629 bankruptcy cases, according to the report. […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
