USDA Rural Development Deputy Under Secretary Bette Brand announced that the agency is expanding servicing options for guaranteed lenders due to the COVID-19 pandemic. USDA is expanding upon the deferral flexibilities it announced Mar. 31, 2020, indicating that guaranteed lenders may also approve and make covered loans under the provisions of Section 1102 of the […]
Puerto Rico Farm Credit confirmed it will be offering local farmers affected by the COVID-19 emergency options to get financial assistance available through the U.S. Small Business Administration’s Paycheck Protection Program. The SBA has selected a number of financial institutions in Puerto Rico to help the different sectors. The program offers employers a loan to […]
The Caguas municipal government announced the availability of funds for emergency loans to the town’s small businesses, said Central Eastern Development Bank Executive Director Adrián Muñiz-Mariani. The entity known as BADECO for its initials in Spanish will be responsible for granting commercial emergency loans to city business owners, as part of a series of municipal […]
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