President Biden announced important changes to the PPP, including a two-week window for businesses with fewer than 20 employees.
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Puerto Rico
Puerto Rico District Office
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District Office Lending Chart
7(a) Loan Guaranty Program
Lender Name |
7a Number of Loans | 7a Loan Amount |
|---|---|---|
| Banco de Desarrollo Económico para Puerto Rico | 7 | 810,000 |
| Banco Popular de Puerto Rico | 46 | 6,682,500 |
| Banco Santander Puerto Rico | 12 | 531,200 |
| FirstBank de Puerto Rico | 3 | 707,100 |
| Live Oak Banking Company | 1 | 1,460,000 |
| Oriental Bank | 30 | 3,523,900 |
| Signature Bank of Georgia | 1 | 3,130,000 |
| Total SUM | 100 | 16,844,700 |
CDC/504 Loan Program
|
Lender Name |
CDC/504 Number of Loans | CDC/504 Loan Amount |
|---|---|---|
| COFECC | 7 | 1,445,000 |
| Marketing Small Business Finance Corp. | 2 | 458,000 |
| PYMES Financial Partners, Inc. | 4 | 1,495,000 |
| Total SUM | 13 | 3,398,000 |
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District Office Lending Chart
7(a) Loan Guaranty Program
|
Lender Name |
7a Number of Loans | 7a Loan Amount |
|---|---|---|
| Banco de Desarrollo Económico para Puerto Rico | 7 | 810,000 |
| Banco Popular de Puerto Rico | 38 | 4,465,600 |
| Banco Santander Puerto Rico | 9 | 359,000 |
| FirstBank de Puerto Rico | 3 | 707,100 |
| Live Oak Banking Company | 1 | 1,460,000 |
| Oriental Bank | 25 | 3,097,900 |
| Signature Bank of Georgia | 1 | 3,130,000 |
| Total SUM | 84 | 14,029,600 |
CDC/504 Loan Program
|
Lender Name |
CDC/504 Number of Loans | CDC/504 Loan Amount |
|---|---|---|
| COFECC | 7 | 1,445,000 |
| Marketing Small Business Finance Corp. | 1 | 98,000 |
| PYMES Financial Partners, Inc. | 4 | 1,495,000 |
| Total SUM | 12 | 3,038,000 |
SAN JUAN, PR -- The U.S. Small Business Administration announced the launch of the 2019 Emerging Leaders program in Puerto Rico for executives of small businesses poised for growth.
The Small Business Administration’s Emerging Leaders program is free of charge. Local recruitment for the 2019 training cycle is currently underway in San Juan and --for the first time since the series began-- in Ponce. Classes are scheduled to start in March, ending in September.
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