Puerto Rico

WASHINGTON– Oscar Quiles, president of Pentaq Manufacturing Corp., of Sabana Grande, PR, was named the National Minority Small Business Person of the Year today by the U.S. Small Business Administration during the closing awards ceremony for the 29th annual Minority Enterprise Development (MED) Week conference in Washington, D.C. 

ATLANTA – TheU.S. Small Business Administration reminds eligible Private Non-Profit Organizations of the Oct. 26 deadline to submit disaster loan applications for damages caused by Hurricane Irene Aug. 21 -24, 2011. SBA also added the following municipalities to: Loiza, Penuelas and San Juan.

SBA 100 Highlights Businesses that are Growing, Creating Jobs with SBA Assistance

Over $64 Million to Small Businesses in First Nine Months of FY 2011

SAN JUAN, PR – The Puerto Rico and Virgin Islands district office of the U.S. Small Business Administration approved $64.6 million in loan guarantees during the first nine months of fiscal year 2011, supporting nearly $95 million in financing to more than 460 small businesses, a 29 percent and 45 percent increase in dollars and loans approved, respectively, over the same period the year before.