Ponce Bank approved 22 SBA loans worth $29.5M between October 2021 and June 2026, ranking #858 of 2,283 SBA lenders nationally by loan count. Its median loan was $759,800, and 18% went to startups or businesses under two years old. It lent in 4 states, most often in New Jersey, and its most financed industry was restaurants and hotels.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| New Jersey | 11 | $12.4M | $733,500 | #80 |
| New York | 9 | $12.0M | $786,100 | #116 |
| Florida | 1 | $4.5M | $4,502,600 | #302 |
| Delaware | 1 | $518K | $518,000 | #73 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Restaurants and hotels | 6 | $652,050 | |
| Wholesale trade | 5 | $1,917,100 | |
| Retail | 3 | $500,000 | |
| Construction | 2 | $1,940,150 | |
| Health care and social assistance | 2 | $613,500 | |
| Professional and technical services | 2 | $460,650 | |
| Finance and insurance | 1 | $250,000 | |
| Arts, entertainment and recreation | 1 | $350,000 |