SBA lending by metro area
SBA lenders in Mayagüez, PR
Which lenders fund Mayagüez-area businesses, how much, and how the market compares with Puerto Rico: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Mayagüez area
Ranked by SBA volume funded to businesses located in the Mayagüez metropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | FirstBank Puerto Rico | 97 | $27.1M | $280K | 7.22% |
| 2 | Banco Popular de Puerto Rico | 349 | $25.5M | $73K | 2.87% |
| 3 | Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) | 33 | $11.0M | $335K | not reported |
| 4 | Oriental Bank | 83 | $9.0M | $108K | 0.00% |
| 5 | PYMES Financial Partners, Inc. | 11 | $5.1M | $466K | not reported |
| 6 | Economic Development Bank for Puerto Rico | 34 | $4.3M | $126K | 0.00% |
| 7 | Marketing Small Business Finance Corporation | 5 | $2.0M | $405K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Mayagüez compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Mayagüez area | $50K ▼ 28.6% | 7.3% ▼ 4.7 pts |
| Puerto Rico | $70K | 12.0% |
| United States | $179K | 11.2% |
What gets funded in Mayagüez
| Industry | Loans | Total funded |
|---|---|---|
| Manufacturing | 71 | $22.5M |
| Retail Trade | 157 | $18.7M |
| Health Care and Social Assistance | 149 | $16.0M |
| Professional and Technical Services | 35 | $7.5M |
| Accommodation and Food Services | 60 | $6.5M |
| Other Services | 39 | $4.8M |
| Administrative and Support | 6 | $3.1M |
| Wholesale Trade | 31 | $2.3M |
SBA lending in Mayagüez by year
Geography, precisely
"Mayagüez area" here means the Mayagüez, PR metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Cabo Rojo Municipio, PR; Hormigueros Municipio, PR; Lajas Municipio, PR; Mayagüez Municipio, PR; Sabana Grande Municipio, PR; San Germán Municipio, PR. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.