Ponce Bank
NY
SBA-approved lender offering 8 loan programs across 5 industries.
Key Metrics
Interest Rate
8.95%
2.20% over prime
Average Loan
$1.6M
Per approval
Total Approvals
17
FY 2025
Loan Programs (8)
7a General
Change of Ownership
Existing or more than 2 years old
Loan Funds will Open Business
Startup
New Business or 2 years or less
Preferred Lenders Program
Fixed Rates
Industries Served (5)
Cafeterias, Grill Buffets, and BuffetsChild Day Care ServicesFull-Service RestaurantsOphthalmic Goods Merchant WholesalersOther Miscellaneous Durable Goods Merchant Wholesalers
Additional Details
- Prime Rate
- 6.75%
- Rate Over Prime
- 2.20%
- Effective Rate
- 8.95%
- Fiscal Year
- 2025
- States Served
- NY
- Website
- www.poncebank.com
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