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 | 53 | 9,855,600 |
| Oriental Bank | 57 | 6,646,300 |
| FirstBank de Puerto Rico | 4 | 4,590,300 |
| Banco de Desarrollo Económico para Puerto Rico | 9 | 1,152,200 |
| Banco Santander Puerto Rico | 7 | 503,500 |
| Newtek Small Business Finance, Inc. | 1 | 200,000 |
| Banco Popular - U.S. Virgin Islands | 1 | 119,700 |
| Total SUM | 132 | 23,067,600 |
CDC/504 Loan Program
| Lender Name | CDC/504 Number of Loans | CDC/504 Loan Amount |
|---|---|---|
| COFECC | 6 | 2,685,000 |
| PYMES Financial Partners, Inc. | 4 | 1,817,000 |
| Marketing Small Business Finance Corp. | 3 | 1,506,000 |
| Puerto Rico Business Development Corp. | 2 | 681,000 |
| Total SUM | 15 | 6,689,000 |
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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 | 31 | 6,344,700 |
| Oriental Bank | 34 | 4,467,000 |
| FirstBank de Puerto Rico | 3 | 4,435,500 |
| Banco de Desarrollo Económico para Puerto Rico | 4 | 700,200 |
| Banco Santander Puerto Rico | 5 | 419,000 |
| Newtek Small Business Finance, Inc. | 1 | 200,000 |
| Banco Popular - U.S. Virgin Islands | 1 | 119,700 |
| Total SUM | 79 | 16,686,100 |
CDC/504 Loan Program
| Lender Name | CDC/504 Number of Loans | CDC/504 Loan Amount |
|---|---|---|
| COFECC | 5 | 2,158,000 |
| PYMES Financial Partners, Inc. | 3 | 1,563,000 |
| Marketing Small Business Finance Corp. | 3 | 1,506,000 |
| Puerto Rico Business Development Corp. | 2 | 681,000 |
| Total SUM | 13 | 5,908,000 |
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