Puerto Rico

Puerto Rico District Office

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Namesort descending 7a Number of Loans 7a Loan Amount
Banco Popular - Virgin Islands 2 250,000
Banco Popular de Puerto Rico 32 1,880,000
Banco Santander Puerto Rico 4 171,200
FirstBank - Virgin Islands 1 10,000
FirstBank de Puerto Rico 1 20,000
Scotiabank de Puerto Rico 3 75,000

CDC/504 Loan Program

Lender Namesort descending CDC/504 Number of Loans CDC/504 Loan Amount
COFECC 1 131,000
Puerto Rico Business Development Corp. 1 122,000
PYMES Financial Partners, Inc. 3 244,000

SAN JUAN, PR – The U.S. Small Business Administration supported more than $75 million in loans to Puerto Rico and Virgin Islands small businesses during fiscal year 2013, an 8 percent increase over fiscal year 2012, the agency  has announced.

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Namesort descending 7a Number of Loans 7a Loan Amount
Banco de Desarrollo Económico para Puerto Rico 28 4,857,200
Banco Popular - Virgin Islands 3 532,800
Banco Popular de Puerto Rico 317 22,242,900
Banco Santander Puerto Rico 94 8,850,300
Celtic Bank Corp. 8 735,000
FirstBank - Virgin Islands 2 175,000
FirstBank de Puerto Rico 27 3,599,900
Live Oak Banking Company 2 5,000,000
Oriental Bank 9 919,600
Scotiabank de Puerto Rico 40 1,337,000
Sterling Savings Bank 1 50,000

CDC/504 Loan Program

Lender Namesort descending CDC/504 Number of Loans CDC/504 Loan Amount
COFECC 37 6,517,000
Marketing Small Business Finance Corp. 20 6,539,000
North PR Local Development Corp. 2 552,000
Puerto Rico Business Development Corp. 11 2,785,000
PYMES Financial Partners, Inc. 45 10,726,000

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Namesort descending 7a Number of Loans 7a Loan Amount
Banco de Desarrollo Económico para Puerto Rico 24 3,885,800
Banco Popular - Virgin Islands 3 532,800
Banco Popular de Puerto Rico 293 19,872,100
Banco Santander Puerto Rico 89 8,640,300
Celtic Bank Corp. 2 95,000
FirstBank de Puerto Rico 27 3,599,900
Live Oak Banking Company 2 5,000,000
Oriental Bank 9 919,600
Scotiabank de Puerto Rico 36 1,217,000
Sterling Savings Bank 1 50,000

CDC/504 Loan Program

Lender Namesort descending CDC/504 Number of Loans CDC/504 Loan Amount
COFECC 33 5,936,000
Marketing Small Business Finance Corp. 18 5,706,000
North PR Local Development Company, Inc. 2 552,000
Puerto Rico Business Development Corp. 8 1,547,000
PYMES Financial Partners, Inc. 40 10,241,000

SAN JUAN, PR – The U.S. Small Business Administration has given authority to VegaCoop to provide financial assistance to small business owners under SBA’s 7(a) Loan Guaranty program, SBA District Director Yvette T. Collazo announced today.

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Namesort descending 7a Number of Loans 7a Loan Amount
Banco de Desarrollo Económico para Puerto Rico 22 3,751,300
Banco Popular - Virgin Islands 3 532,800
Banco Popular de Puerto Rico 258 17,771,300
Banco Santander Puerto Rico 71 6,472,000
Celtic Bank Corp. 2 95,000
FirstBank de Puerto Rico 27 3,599,900
Live Oak Banking Company 2 5,000,000
Oriental Bank 9 919,600
Scotiabank de Puerto Rico 33 1,152,000
Sterling Savings Bank 1 50,000

CDC/504 Loan Program

Lender Namesort descending CDC/504 Number of Loans CDC/504 Loan Amount
COFECC 31 5,266,000
Marketing Small Business Finance Corp. 18 5,706,000
North PR Local Development Co., Inc. 2 552,000
Puerto Rico Business Development Corp. 8 1,547,000
PYMES Financial Partners, Inc. 37 9,647,000

SAN JUAN, PR – The U.S. Small Business Administration approved 476 loans in Puerto Rico and the Virgin Islands during the first nine months of fiscal year 2013, an 18 percent increase over loans approved during the same period in 2012.

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Namesort descending 7a Number of Loans 7a Loan Amount
Banco de Desarrollo Económico para Puerto Rico 20 2,501,300
Banco Popular - Virgin Islands 3 532,800
Banco Popular de Puerto Rico 233 16,247,600
Banco Santander Puerto Rico 63 5,464,800
Celtic Bank Corp. 2 95,000
FirstBank de Puerto Rico 26 3,574,900
Live Oak Banking Company 2 5,000,000
Oriental Bank 9 919,600
Scotiabank de Puerto Rico 31 1,097,000
Sterling Savings Bank 1 50,000

CDC/504 Loan Program

Lender Namesort descending CDC/504 Number of Loans CDC/504 Loan Amount
COFECC 27 4,541,000
Marketing Small Business Finance Corp. 17 5,171,000
North PR Local Development Co., Inc. 2 552,000
Puerto Rico Business Development Corp. 8 1,547,000
PYMES Financial Partners, Inc. 32 7,919,000

CHRISTIANSTED, U.S. Virgin Islands - The U.S. Small Business Administration and the University of the Virgin Islands Small Business Development Center have teamed-up once again to host their Annual Government Contracting Matchmaking Events in St. Croix on July 25 and in St. Thomas on July 26, each starting at 8:00 AM.

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Namesort descending 7a Number of Loans 7a Loan Amount
Banco Bilbao Vizcaya Argentaria 2 403,400
Banco de Desarrollo Económico para Puerto Rico 17 2,014,500
Banco Popular - Virgin Islands 3 532,800
Banco Popular de Puerto Rico 209 15,058,600
Banco Santander Puerto Rico 59 5,208,800
Celtic Bank Corp. 2 95,000
FirstBank de Puerto Rico 26 3,574,900
Live Oak Banking Company 2 5,000,000
Oriental Bank 7 516,200
Scotiabank de Puerto Rico 27 885,000
Sterling Savings Bank 1 50,000

CDC/504 Loan Program

Lender Namesort descending CDC/504 Number of Loans CDC/504 Loan Amount
COFECC 26 4,410,000
Marketing Small Business Finance Corp. 15 4,219,000
North PR Local Development Co., Inc. 2 552,000
Puerto Rico Business Development Corp. 7 1,412,000
PYMES Financial Partners, Inc. 29 6,861,000

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