Local private nonprofit organizations that sustained damages as a result of the severe storms, flooding, mudslides and landslides that occurred during the two-week period from May 20 to June 8, 2011 have less than a month to submit their disaster loan applications to the U.S. Small Business Administration, the agency announced Wednesday.
The Puerto Rico Office of the U.S. Small Business Administration invites veterans, members of the Armed Forces and their spouses to attend its upcoming events aimed at promoting small business ownership among the military community along the island's northwestern region.
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.
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