The Financial Oversight and Management Board for Puerto Rico announced Sunday it has submitted the names of three candidates for possible designation as revitalization coordinator to Puerto Rico Gov. Alejandro García-Padilla.
The U.S. Small Business Administration approved $95.5 million in loans to small businesses in Puerto Rico and the U.S. Virgin Islands during fiscal year 2016, a 19 percent increase over the previous fiscal year, the agency announced.
When Roosevelt Roads Naval Station ceased operations in 2004, the surrounding region suffered a significant population and financial loss.
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