SBA lending by state
SBA Lending in Puerto Rico
In Puerto Rico, SBA lenders funded 4,092 7(a) and 504 loans totaling $921.2M, an average of $225K per loan. The most active lender is Banco Popular de Puerto Rico, and the most-funded industry is Health Care and Social Assistance.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Funded loans
4,092
Total volume
$921.2M
Average loan size
$225K
Most active SBA lenders in Puerto Rico
| Lender | Loans | Total volume |
|---|---|---|
| Banco Popular de Puerto Rico | 1,847 | $306.6M |
| Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) | 497 | $163.4M |
| Oriental Bank | 836 | $138.5M |
| PYMES Financial Partners, Inc. | 310 | $129.2M |
| Marketing Small Business Finance Corporation | 265 | $95.9M |
| FirstBank Puerto Rico | 253 | $57.7M |
| Economic Development Bank for Puerto Rico | 55 | $8.5M |
| BayFirst National Bank | 5 | $6.0M |
Top industries funded in Puerto Rico
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 1,066 | $194.3M |
| Retail Trade | 667 | $146.5M |
| Accommodation and Food Services | 453 | $119.4M |
| Wholesale Trade | 220 | $88.3M |
| Professional and Technical Services | 374 | $80.8M |
| Manufacturing | 289 | $78.5M |
| Construction | 287 | $48.9M |
| Other Services | 273 | $34.8M |
SBA lending in Puerto Rico by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2010 | 85 | $40.4M |
| 2011 | 82 | $31.9M |
| 2012 | 80 | $22.9M |
| 2013 | 114 | $26.5M |
| 2014 | 80 | $25.2M |
| 2015 | 64 | $25.2M |
| 2016 | 65 | $21.6M |
| 2017 | 41 | $11.3M |
| 2018 | 36 | $9.3M |
| 2019 | 57 | $21.5M |
| 2020 | 369 | $68.2M |
| 2021 | 452 | $102.2M |
| 2022 | 458 | $91.9M |
| 2023 | 527 | $107.7M |
| 2024 | 728 | $150.1M |
| 2025 | 612 | $118.6M |
| 2026 | 242 | $46.9M |
Sources and disclaimer. Figures are computed from the
U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.