Feasibility Study Data for the Ponce, PR Metro Area

Ponce: volume, rank and loan size

$51.8 million over 336 loans is the Ponce total, FY2017 through FY2026. By loan count, Ponce stands 222 of 928 among all areas. The Ponce median loan is $50,000. Ponce loans in the middle half run $20,000 to $125,000. 0.24x is the Ponce median set beside the national one. Ponce splits into 311 loans under 7(a) and 25 under 504. Ponce shows a franchise share of 1.8%. $51.8 million is the Ponce dollar total.

Ponce: which classes and counties lead

In Ponce, the tracked classes lead with medical office (33), full-service restaurant (17), and grocery store (13). Fourth in Ponce is rehabilitation and therapy clinic, with 11 loans. The Ponce record also holds 221 loans in no tracked class. SBA assigns Ponce loans mostly to Ponce Municipio, PR (184), Juana Díaz Municipio, PR (53), and Yauco Municipio, PR (36). At the other end, Peñuelas Municipio, PR holds 17 loans, a sign that Ponce is not one market.

Ponce: lenders in the record

A Ponce lender row names today's holder; the Ponce originator may be another. Ponce 7(a) holders include 224 loans at Banco Popular de Puerto Rico ($22.2 million), 46 loans at Oriental Bank ($5.1 million), and 21 loans at FirstBank Puerto Rico ($3.1 million). Ponce lists, for 504, COFECC (20 loans, $11.3 million). For a Ponce borrower, these rows give background only. The Ponce rows are silent on holder terms.

Ponce: floors, and what is withheld

Of Ponce approvals from FY2017 to FY2024, 12.3% were cancelled, a floor. Treating undisbursed Ponce loans as cancelled gives 15.6%, the ceiling. Charged off to date in Ponce: 0.00%, a floor, across 119 disbursed loans of FY2017 to FY2021. The Ponce five-year figure is 0.00%. A lender reading Ponce takes both rates as the least. Ponce history only grows. County names place the Ponce loans. The July 2023 delineation defines Ponce. Unmatched counties drop out of Ponce. Loans outside the classes count in Ponce totals.

Ponce: the feasibility questions

The Ponce trend peaks in FY2024 with 52 loans ($3.9 million) and bottoms in FY2018 with 16 ($6.0 million). FY2017 opened the Ponce series with 28 loans ($1.7 million). FY2026 closes the Ponce series at 45 loans, $4.5 million. A Ponce study weighs local demand against Ponce Municipio, PR competitors, not national patterns. The Ponce budget is priced against a $50,000 median. Ponce sits at 0.24x nationally; site, build and equipment all count. Ponce debt service gets a rate shock. The Ponce floors above explain the caution. The Ponce appraiser reads local comparables. The Ponce study reconciles them to cost. Sources and uses in Ponce must tie to bids near Ponce Municipio, PR. Beside Ponce Municipio, PR findings, the Ponce study lists what it could not test.