Banco Popular de Puerto Rico
SBA 7(a) Lending Profile · FY 2025 analysis
Industry Focus
Top industries served by Banco Popular de Puerto Rico
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621111 | Offices of Physicians (except Mental Health Specialists) | 1,184 | $176.6M | $149K | 8.3% |
| 722511 | Full-Service Restaurants | 760 | $67.2M | $88K | 5.3% |
| 621340 | Offices of Physical, Occupational and Speech Therapists, and Audiologi | 424 | $37.1M | $88K | 3.0% |
| 456110 | Other | 320 | $57.7M | $180K | 2.3% |
| 621511 | Medical Laboratories | 312 | $30.1M | $96K | 2.2% |
| 621210 | Offices of Dentists | 304 | $31.4M | $103K | 2.1% |
| 722513 | Limited-Service Restaurants | 280 | $38.8M | $139K | 2.0% |
| 621310 | Offices of Chiropractors | 240 | $21.1M | $88K | 1.7% |
| 236220 | Commercial and Institutional Building Construction | 240 | $39.8M | $166K | 1.7% |
| 621910 | Ambulance Services | 216 | $15.6M | $72K | 1.5% |
Geographic Distribution
SBA lending activity for Banco Popular de Puerto Rico by state
| State | Loans | Volume | Share |
|---|---|---|---|
| PR (PR) | 14,064 | $2.33B | 98.9% |
| VI (VI) | 152 | $26.3M | 1.1% |
Why Choose Banco Popular de Puerto Rico?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 14,216 SBA loans approved, totaling $2.36B in financing
- ✓Industry Expertise: Specialized focus on Offices of Physicians (except Mental Health Specialists), Full-Service Restaurants, Offices of Physical, Occupational and Speech Therapists, and Audiologi
- ✓Competitive Terms: Average interest rate of 10.45% with flexible term lengths averaging 111 months
- ✓Loan Range: Loan sizes from $5K to $5.0M, with an average of $166K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in PR, VI
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Banco Popular de Puerto Rico SBA lending
What types of businesses does Banco Popular de Puerto Rico typically finance?
Banco Popular de Puerto Rico specializes in SBA 7(a) lending to specific industries including offices of physicians (except mental health specialists), full-service restaurants, offices of physical, occupational and speech therapists, and audiologi, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Banco Popular de Puerto Rico's typical SBA loan terms?
Banco Popular de Puerto Rico's SBA 7(a) loans typically feature an average interest rate of 10.45% and average term length of 111 months (approximately 9 years). Loan sizes range from $5K to $5.0M, with an average loan size of $166K.
Do I need a business valuation for a Banco Popular de Puerto Rico SBA loan?
Yes, Banco Popular de Puerto Rico typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Banco Popular de Puerto Rico compare to other SBA lenders?
Banco Popular de Puerto Rico has originated 14,216 SBA loans totaling $2.36B since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Banco Popular de Puerto Rico lend in?
Banco Popular de Puerto Rico provides SBA 7(a) financing with particularly strong presence in PR, VI. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.