Puerto Rico

Puerto Rico District Office

NOTE: This event has expired.

June 19, 2019 | 9:00 am AST - 12:00 pm AST

Parque Batey Central, Calle Unión, Fajardo, PR 00738

SBA seminar for new and established small businesses located in rural areas. Topics included are: Financing alternatives (Community Advantage, Microloan) and Rural Development programs.

NOTE: This event has expired.

June 12, 2019 | 9:30 am AST - 12:30 pm AST

273 Ponce de León Ave., Plaza 273, Suite 510, San Juan, PR 00917

For veterans and members of Puerto Rico's military community. Topics: Management and Technical Assistance; Federal Contracting; Rural Development and Boots to Business Reboot programs.

Regina Flippin
Wanda Otero from Quesos Vaca Negra
Edwin Tirado

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 13 1,684,300
Banco Popular de Puerto Rico 83 10,139,200
Banco Santander Puerto Rico 18 898,700
FirstBank - Virgin Islands 1 461,200
FirstBank de Puerto Rico 7 5,087,100
Live Oak Banking Company 1 1,460,000
Oriental Bank 69 8,242,200
Signature Bank of Georgia 2 4,505,000

CDC/504 Loan Program

Lender Namesort descending CDC/504 Number of Loans CDC/504 Loan Amount
COFECC 18 3,000,000
Marketing Small Business Finance Corp. 5 1,033,000
PYMES Financial Partners, Inc. 6 2,721,000

In 1970, after completing his military service in Panama and Germany during the Vietnam War, US Army Veteran Pedro Córdova, relocated with his wife Mary Margaret “Mimi” McCloskey, to native Puerto Rico. 

Pedro had served with the ROTC while he was studying for his bachelor’s in Business Administration.  Once completed, he went on to obtain his Juris Doctor and later applied to the Judge Advocate General’s Corps.

In November 2012, physician and surgeon of the foot Regina Flippin started her practice Urban Foot Care in Christiansted, St. Croix with two employees and plenty of determination.  She already had nine years of experience, having run a successful practice in Milwaukee since 2003.

“My husband had retired after 32 years of federal service and we were looking for someplace warm to put down roots,” says the Memphis native.

Woman Entrepreneur takes aged cheese and yogurt manufacturing to another level with assistance from SBA programs and services

In Puerto Rico, more milk is produced than consumed. Almost a decade ago, Wanda Otero took advantage of that excess milk to create the first artisan aged cheese on the island.

In 2009, at the age of 19 and in his second year of Engineering studies in college, upon learning that he was about to become a father Edwin Tirado decided that starting his own business would be the best way to provide for his family.

He began baking in the garage at his parents’ home in Naranjito, a town in the central region of Puerto Rico. Naming the business Charlotte’s Sweets after his child’s mother, Edwin set up shop at a shopping mall in Naranjito, and over the following six months sold cakes and other sweets.

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