SBA acquisition lenders in Puerto Rico
19 SBA 7(a) change-of-ownership loans in Puerto Rico, FY2024–FY2026. Lender rankings, typical loan size, rates and the industries changing hands.
- Acquisitions financed
- 19
- Total approved
- $5.9M
- Median loan
- $250K
- Middle half of loans
- $192K to $339K
- Median starting rate
- 8.25%
- Median term
- 10 yrs
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Lenders financing the most acquisitions in Puerto Rico
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Oriental Bank | 14 | 74% | $246K | $4.4M |
| 2 | Banco Popular de Puerto Rico | 3 | 16% | $124K | $429K |
| 3 | FirstBank Puerto Rico | 2 | 11% | $509K | $1.0M |
What is being bought in Puerto Rico
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Pharmacies and Drug Retailers | 4 | 21% | $220K | $739K |
| 2 | Full-Service Restaurants | 3 | 16% | $280K | $1.5M |
| 3 | Limited-Service Restaurants | 2 | 11% | $273K | $545K |
| 4 | Veterinary Services | 1 | 5% | $738K | $738K |
| 5 | Assisted Living Facilities for the Elderly | 1 | 5% | $404K | $404K |
| 6 | Offices of Certified Public Accountants | 1 | 5% | $340K | $340K |
| 7 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | 5% | $338K | $338K |
| 8 | Hardware Retailers | 1 | 5% | $270K | $270K |
| 9 | Ophthalmic Goods Merchant Wholesalers | 1 | 5% | $255K | $255K |
| 10 | Offices of Optometrists | 1 | 5% | $243K | $243K |
| 11 | Medical Laboratories | 1 | 5% | $225K | $225K |
| 12 | Fitness and Recreational Sports Centers | 1 | 5% | $124K | $124K |
| 13 | Pharmacies and Drug Stores | 1 | 5% | $100K | $100K |