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 companies through two programs. The program for small businesses allows businesses to receive up to US…