Banco Popular de Puerto Rico

PR

SBA-approved lender offering 6 loan programs across 75 industries.

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Key Metrics

Interest Rate

10.52%

3.77% over prime

Average Loan

$126K

Per approval

Total Approvals

380

FY 2025

Loan Programs (6)

Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Change of Ownership

Industries Served (75)

All Other Amusement and Recreation IndustriesAll Other Miscellaneous Schools and InstructionAll Other Professional, Scientific, and Technical ServicesAmbulance ServicesAmusement ArcadesApparel Accessories and Other Apparel ManufacturingAutomotive Body, Paint, and Interior Repair and MaintenanceBarber ShopsBeauty SalonsChild Day Care ServicesCommercial BakeriesCommercial and Industrial Machinery and Equipment (except Automotive aCommercial and Institutional Building ConstructionComputer Systems Design ServicesDiagnostic Imaging CentersDisplay AdvertisingDrugs and Druggists' Sundries Merchant WholesalersElectrical ContractorsElectroplating, Plating, Polishing, Anodizing, and ColoringEngineering ServicesExterminating and Pest Control ServicesFresh Fruit and Vegetable Merchant WholesalersFrozen Cakes, Pies, and Other Pastries ManufacturingFull-Service RestaurantsFurniture StoresGeneral Freight Trucking, LocalGeneral Rental CentersGraphic Design ServicesHighway, Street, and Bridge ConstructionHome Health Care ServicesHomes for the ElderlyIce ManufacturingIndustrial Machinery and Equipment Merchant WholesalersInsurance Agencies and BrokeragesLandscaping ServicesLimited-Service RestaurantsMarketing Consulting ServicesMetal Window and Door ManufacturingMotion Picture and Video ProductionMusical Instrument ManufacturingNursing Care FacilitiesOffice Administrative ServicesOffices of All Other Miscellaneous Health PractitionersOffices of Certified Public AccountantsOffices of ChiropractorsOffices of DentistsOffices of LawyersOffices of Mental Health Practitioners (except Physicians)Offices of OptometristsOffices of Physical, Occupational and Speech Therapists, and AudiologiOffices of Physicians (except Mental Health Specialists)Offices of Physicians, Mental Health SpecialistsOther Foundation, Structure, and Building Exterior ContractorsOther Noncitrus Fruit FarmingOther Performing Arts CompaniesOther Scientific and Technical Consulting ServicesOther Services Related to AdvertisingOther Vegetable (except Potato) and Melon FarmingPainting and Wall Covering ContractorsPerishable Prepared Food ManufacturingPlumbing, Heating, and Air-Conditioning ContractorsPort and Harbor OperationsPromoters of Performing Arts, Sports, and Similar Events without FacilRecreational Vehicle DealersResidential RemodelersRetail BakeriesRooming and Boarding HousesScenic and Sightseeing Transportation, WaterSecurity Guards and Patrol ServicesSpecialized Freight (except Used Goods) Trucking, LocalSupermarkets and Other Grocery (except Convenience) StoresSurgical Appliance and Supplies ManufacturingTour OperatorsVeterinary ServicesWarm Air Heating and Air-Conditioning Equipment and Supplies Merchant

Additional Details

Prime Rate
6.75%
Rate Over Prime
3.77%
Effective Rate
10.52%
Fiscal Year
2025
States Served
PR

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