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Puerto Rico

Puerto Rico District Office

District Office Lending Chart

7(a) Loan Guaranty Program

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

CDC/504 Loan Program

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

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

CDC/504 Loan Program

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

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

CDC/504 Loan Program

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

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

CDC/504 Loan Program

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

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Name 7a Number of Loanssort ascending 7a Loan Amount
Banco Popular de Puerto Rico 174 10,218,300
Banco Santander Puerto Rico 50 4,142,200
FirstBank de Puerto Rico 21 2,625,600
Banco de Desarrollo Económico para Puerto Rico 17 2,014,500
Scotiabank de Puerto Rico 16 655,000
Oriental Bank 7 516,200
Banco Popular - Virgin Islands 3 532,800
Banco Bilbao Vizcaya Argentaria 2 403,400
Live Oak Banking Company 2 5,000,000
Borrego Springs Bank, N.A. 1 50,000
Celtic Bank Corp. 1 25,000

CDC/504 Loan Program

Lender Name CDC/504 Number of Loans CDC/504 Loan Amount
COFECC 20 3,723,000
PYMES Financial Partners, Inc. 19 4,258,000
Marketing Small Business Finance Corp. 12 3,802,000
Puerto Rico Business Development Corp. 7 1,412,000
North PR Local Development Co., Inc. 2 552,000

District Office Lending Chart

7(a) Loan Guaranty Program

Lender Name 7a Number of Loanssort ascending 7a Loan Amount
Banco Popular de Puerto Rico 146 9,122,300
Banco Santander Puerto Rico 45 3,359,900
FirstBank de Puerto Rico 18 2,470,600
Banco de Desarrollo Económico para Puerto Rico 15 1,911,000
Scotiabank de Puerto Rico 15 550,000
Banco Bilbao Vizcaya Argentaria 9 919,600
Live Oak Banking Company 2 5,000,000
Banco Popular - Virgin Islands 2 322,900
Borrego Springs Bank, N.A. 1 50,000
Celtic Bank Corp. 1 25,000

CDC/504 Loan Program

Lender Name CDC/504 Number of Loans CDC/504 Loan Amount
COFECC 19 3,456,000
PYMES Financial Partners, Inc. 17 4,105,000
Marketing Small Business Finance Corp. 11 3,410,000
Puerto Rico Business Development Corp. 5 511,000
North PR Local Development Co., Inc. 2 552,000

Family-Owned Business, Young Entrepreneur of the Year, Community and Lender Awards also bestowed

 SAN JUAN, PR – The Puerto Rico & Virgin Islands district office of the U.S. Small Business Administration today honored José A. Irizarry, president of Centro Gomas del Oeste, with the 2013 Puerto Rico Small Business Person of the Year Award, during the closing ceremonies of Small Business Week on the island. 

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