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Puerto Rico’s Treasury Department establishes procedure for distributing COVID-19 economic incentives to small and medium-sized businesses under Strategic Disbursement Plan for funds received under CARES Act

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Puerto Rico

Through Circular Letter (CL) 20-26, the Puerto Rico Treasury Department (PRTD) has established the procedure for distributing funds that the Strategic Disbursement Plan (Strategic Plan) provides under the CARES Act to help small and medium-sized businesses (PYMES for its Spanish acronym).

Programs to help PYMES

Under the Strategic Plan, the PRTD will distribute the funds to small and medium-sized co…

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