Looking to support of small and medium-sized businesses during these challenging economic times, FirstBank and the Small Business Administration jointly announced Wednesday the financing of a $226,000 commercial loan to Assistive Technology Specialists Inc., so that it can expand healthcare equipment sales and technological assistance to people with disabilities.
Oriental Financial Group’s banking division recently granted a $2.8 million loan to Alco High Tech Plastics, a manufacturing company in Corozal, through the Small Business Administration’s 504 program, it was announced Monday.
The Puerto Rico and U.S. Virgin Islands district office of the U.S. Small Business Administration recently chose Eniel Torres-Ojeda, president of Productos La Finca Inc., to receive its “2014 Puerto Rico Small Business Person of the Year” award, during the closing ceremonies of Small Business Week on the island.