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 Popular de Puerto Rico | 159 | 25,395,800 |
| Banco Santander Puerto Rico | 15 | 1,169,200 |
| Banco de Desarrollo Económico para Puerto Rico | 12 | 1,038,700 |
| Oriental Bank | 53 | 6,007,600 |
| FirstBank de Puerto Rico | 10 | 1,486,500 |
| First Green Bank | 1 | 2,497,000 |
| Live Oak Banking Company | 1 | 5,000,000 |
| Banco Popular - Virgin Islands | 2 | 348,400 |
| FirstBank - Virgin Islands | 1 | 50,000 |
| Total SUM | 254 | 42,993,200 |
CDC/504 Loan Program
| Lender Name |
CDC/504 Number of Loans |
CDC/504 Loan Amount |
|---|---|---|
| PYMES Financial Partners, Inc. | 1 | 310,000 |
| Puerto Rico Business Development Corp. | 3 | 386,000 |
| Marketing Small Business Finance Corp, | 9 | 3,196,000 |
| COFECC | 18 | 4,743,000 |
| Total SUM | 31 | 8,635,000 |
SAN JUAN, PR – The U.S. Small Business Administration today graduated 16 companies from its Emerging Leaders program in Puerto Rico, completing the fourth cycle of the training series offered to small business entrepreneurs on the island.
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