Banco Popular de Puerto Rico: SBA Lending Record
What SBA's own loan files show about Banco Popular de Puerto Rico as an SBA lender, and how a lender's record bears on a feasibility study.
Size of the SBA record at Banco Popular de Puerto Rico
2,722 loans, FY2017 to FY2026 approvals, sit under Banco Popular de Puerto Rico in SBA's holder field. Banco Popular de Puerto Rico loans reach $415.9 million in gross approved dollars. These 2,722 loans are ones SBA shows Banco Popular de Puerto Rico holding or having held. SBA, never Banco Popular de Puerto Rico, is the guarantor. SBA tags 2,722 as 7(a), none 504, under Banco Popular de Puerto Rico. Banco Popular de Puerto Rico holder status: assigned now or last.
1,896 of 2,722 loans, held by Banco Popular de Puerto Rico, sit in no listed asset class. At Banco Popular de Puerto Rico, rows by class cover the remainder. Banco Popular de Puerto Rico class rows start with medical office, 199 loans. After that, 147 loans in full-service restaurant, 73 in rehabilitation and therapy clinic and limited-service restaurant with 73 loans. Further down Banco Popular de Puerto Rico: dental office at 58, grocery store (40) and 28 loans in beauty salon. Medical office: across 2,722 loans, check Banco Popular de Puerto Rico for it.
Banco Popular de Puerto Rico loans sit in Puerto Rico (2,693) and 29 in U.S. Virgin Islands, per SBA. For a project elsewhere, Banco Popular de Puerto Rico has nothing nearby: a narrow footprint.
At Banco Popular de Puerto Rico: cancellations and charge-offs
Banco Popular de Puerto Rico approvals, FY2017 to FY2024: 11.2%, at least, were cancelled after approval. Count undisbursed Banco Popular de Puerto Rico loans as cancelled and the ceiling becomes 13.3%. Between 11.2% and 13.3% lie Banco Popular de Puerto Rico approvals SBA still shows undisbursed. Banco Popular de Puerto Rico: 1.5% is charged off, a floor, across 818 loans disbursed FY2017 to FY2021. Banco Popular de Puerto Rico: 0.61% charged off within five years. Banco Popular de Puerto Rico outcomes show; reasons do not. Banco Popular de Puerto Rico cohort rates cover FY2017 to FY2021 disbursements. Banco Popular de Puerto Rico: 11.2% is a floor, 2,722 loans notwithstanding, not a forecast. Banco Popular de Puerto Rico: every rate here is a floor, 2,722 loans or not; 11.2% included.
Banco Popular de Puerto Rico: what a borrower can take
Banco Popular de Puerto Rico, a bank or lender, comes with 2,722 loans of background. Nothing in Banco Popular de Puerto Rico rows states what Banco Popular de Puerto Rico asks of an applicant. For Banco Popular de Puerto Rico, compare medical office, 2,722 loans deep; Puerto Rico, set beside the project. Sources beside Banco Popular de Puerto Rico should be listed in the study, 2,722 loans or not.
2,722 loans at Banco Popular de Puerto Rico: context only. For Banco Popular de Puerto Rico, a project proves itself alone in Puerto Rico. 2,722 loans at Banco Popular de Puerto Rico do not carry medical office demand, Banco Popular de Puerto Rico cannot; Puerto Rico conditions do, not Banco Popular de Puerto Rico. Budget lines meet raised funds, 2,722 loans staying aside. 2,722 loans give Banco Popular de Puerto Rico breadth, not depth. Banco Popular de Puerto Rico must survive 11.2% as a minimum, not as the aim. Banco Popular de Puerto Rico aside, debt service coverage keeps 11.2% in view, on stabilized income. Collateral for Banco Popular de Puerto Rico rests on the appraisal. Banco Popular de Puerto Rico: a study delivers a file, never approval.
SBA loans held by Banco Popular de Puerto Rico
SBA guarantees these loans; the lender does not. The lender's name and every figure come from the U.S. Small Business Administration's public 7(a) and 504 FOIA file (data.sba.gov).
7(a) lender is the bank or lender the loan is currently assigned to (or last held it), as SBA records it; 504 lender is the Certified Development Company (CDC). 504 third-party (first-lien) lenders are free text with no identifier and are not credited.
| Loans approved, FY2017 to FY2026 | 2,722 |
|---|---|
| Gross dollars approved | $415.9 million |
| SBA 7(a) loans | 2,722 |
| SBA 504 loans | 0 |
Cancellation and charge-off
| Cancelled after approval, FY2017 to FY2024 approvals (a floor) | 11.2% |
|---|---|
| The same, counting loans still undisbursed as cancelled (a ceiling) | 13.3% |
| Charged off to date, FY2017 to FY2021 disbursed loans (a floor) | 1.5% |
| Charged off within five years of approval | 0.61% |
| Loans in that cohort | 818 |
Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.
Loans by asset class
| Asset class | Loans |
|---|---|
| Not in any of the 39 asset classes | 1,896 |
| Medical office (physicians) | 199 |
| Full-service restaurant | 147 |
| Rehabilitation and therapy clinic | 73 |
| Limited-service restaurant | 73 |
| Dental office | 58 |
| Grocery store | 40 |
| Beauty salon | 28 |
| Automotive mechanical repair (car and truck) | 22 |
| Fitness center | 21 |
| Assisted living (without nursing care) | 19 |
| Veterinary clinic | 19 |
| Diagnostic imaging center | 16 |
| Gas station and truck stop | 14 |
| Child care center | 13 |
| School (elementary and secondary, including charter) | 12 |
| Coffee shop and snack bar | 12 |
| Nonresidential lessor (flex, office and retail investor buildings) | 10 |
| Skilled nursing | 9 |
| Caterers (includes banquet halls with catering staff) | 9 |
| Beverage manufacturing (breweries, wineries, distilleries) | 8 |
Classes with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
Loans by project state
| State or area | Loans |
|---|---|
| Puerto Rico | 2,693 |
| U.S. Virgin Islands | 29 |
States with 5 or more loans; smaller ones are withheld, and more where a small one could be derived.
A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.
Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics lender cell LP-fdic-34968.
Loan Analytics prepares the feasibility study a lender reads before it commits: for a commercial project anywhere in the United States, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan, by Banco Popular de Puerto Rico or any other lender. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.
Request Scope & Timeline
Start with the data.
Contact Us