Banco Popular de Puerto Rico approved 1,668 SBA loans worth $250.7M between October 2021 and June 2026, ranking #26 of 2,283 SBA lenders nationally by loan count. Its median loan was $50,000, and 29% went to startups or businesses under two years old. It lent in 2 states, most often in Puerto Rico, and its most financed industry was health care and social assistance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Puerto Rico | 1,648 | $247.3M | $50,000 | #1 |
| U.S. Virgin Islands | 20 | $3.4M | $140,000 | #1 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Health care and social assistance | 396 | $50,000 | |
| Retail | 234 | $50,000 | |
| Professional and technical services | 179 | $50,000 | |
| Restaurants and hotels | 158 | $45,300 | |
| Construction | 146 | $68,000 | |
| Manufacturing | 125 | $50,000 | |
| Other services (repair, personal care) | 101 | $35,000 | |
| Wholesale trade | 99 | $91,400 | |
| Administrative and support services | 57 | $58,500 | |
| Arts, entertainment and recreation | 34 | $93,850 |