In what may constitute as yet another sign of economic improvement, the U.S. Small Business Administration confirmed it has approved nearly $65 million in loan guarantees during the first nine months of fiscal 2011, reflecting a 29 percent increase in year-over-year activity in Puerto Rico and the U.S. Virgin Islands.
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.
The Puerto Rico Office of the U.S. Small Business Administration will conduct a business seminar for women veterans, military service members, and their spouses on June 30, starting at 9 a.m. at the SBA’s facilities in Hato Rey.
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