Small businesses and nonprofits adversely affected by the COVID-19 pandemic are encouraged to consider applying for the U.S. Small Business Administration’s COVID-19 Economic Injury Disaster Loan (EIDL) during the month of December. Applications must be submitted via SBA’s online application link no later than Dec. 31, 2020 to be considered, the agency said. A total […]
The U.S. Small Business Administration, in consultation with the Treasury Department released a simpler loan forgiveness application late last week for Paycheck Protection Program (PPP) loans of $50,000 or less. This decision could affect a little more than 32,000 PPP loans granted in Puerto Rico, according to SBA data released earlier this year. This action […]
As the U.S. Small Business Administration marks 10 years of supporting small business growth through its competitive State Trade Expansion (STEP) grant program, the federal agency announced the newest round of state awards that support export growth among United States small businesses. The SBA is providing $384,930 to the Puerto Rico Trade & Export Company […]
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