Island small businesses in 12 towns affected by an episode of severe storms that caused flooding, mudslides, and landslides earlier this year can apply for recovery loans of up to $2 million, with U.S. Small Business Administration backing, the agency announced Friday.
Local wine aficionados in search for high-quality liquors now have a place to go find them, after the recent opening of Aficionado’s Wine & Spirits, a business in Guaynabo dedicated to managing superior, unique brands currently not represented in Puerto Rico.
Sixty-seven small businesses in the areas of services, agriculture, manufacturing and technology received a combined $36.5 million in loans from the Economic Development Bank Tuesday, through which they will create some 5,700 jobs, agency President Ivonne Otero announced.