The U.S. Small Business Administration is increasing the maximum amount small businesses and nonprofit organizations can borrow through its COVID-19 Economic Injury Disaster Loan (EIDL) program, it announced. Starting the week of April 6, 2021, the SBA is raising the loan limit for the COVID-19 EIDL program from six months of economic injury with a […]
As the newest Executive Order establishing the conditions for Puerto Rico residents and visitors to manage the COVID-19 pandemic takes effect today, members of the government’s security team will hold an emergency meeting to craft a response to an escalating number of violent incidents mostly involving tourists in and around San Juan. Puerto Rico Police […]
When President Biden signed American Rescue Plan Act (H.R. 1319), expectations were created in many in the United States and Puerto Rico that economic conditions will improve. In a preliminary assessment, economic analysis firm Estudios Técnicos Inc. estimated that Puerto Rico will receive an amount close to $10 billion in funds from H.R. 1319. A […]