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SBA 7(a) record
FirstBank Puerto Rico: SBA 7(a) loans made
FirstBank Puerto Rico, a bank based in Santurce, PR, made 193 SBA 7(a) loans in the 36 months ending September 30, 2026, $43M in all, net of cancelled approvals. The typical loan was about $50K, and 95 were in the last 12 months. Most were in Puerto Rico.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 193
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $43.0M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $50K
- SBA FOIA,
- Largest loan
- $5M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 95
- SBA FOIA,
Cite this
Source: The Lender Report, FirstBank Puerto Rico: SBA 7(a) loans made, https://lender.report/lender/firstbank-puerto-rico-pr/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Sep 2026 | Puerto Rico | SBA 7(a), Full-Service Restaurants | $94K | 9.25% | 10 yr | SBA FOIA | |
| Sep 2026 | Puerto Rico | SBA 7(a), Full-Service Restaurants | $50K | 8.5% | 3 yr | SBA FOIA | |
| Sep 2026 | Puerto Rico | SBA 7(a), Utilities | $50K | 8.5% | 5 yr | SBA FOIA | |
| Sep 2026 | Puerto Rico | SBA 7(a), All Other Professional, Scientific, and Technical Services | $50K | 8.5% | 5 yr | SBA FOIA | |
| Sep 2026 | Puerto Rico | SBA 7(a), Offices of All Other Miscellaneous Health Practitioners | $50K | 8.75% | 10 yr | SBA FOIA | |
| Sep 2026 | Puerto Rico | SBA 7(a), Full-Service Restaurants | $25K | 9.5% | 3 yr | SBA FOIA | |
| Sep 2026 | Puerto Rico | SBA 7(a), Medical Laboratories | $20K | 12.75% | 3 yr | SBA FOIA | |
| Sep 2026 | Puerto Rico | SBA 7(a), Utilities | $20K | 13.25% | 5 yr | SBA FOIA | |
| Sep 2026 | Puerto Rico | SBA 7(a), Utilities | $10K | 13.25% | 3 yr | SBA FOIA | |
| Aug 2026 | Puerto Rico | SBA 7(a), Other Services (except Public Administration) | $180K | 8% | 7 yr | SBA FOIA | |
| Aug 2026 | Puerto Rico | SBA 7(a), Other Services Related to Advertising | $100K | 8.75% | 3 yr | SBA FOIA | |
| Aug 2026 | Puerto Rico | SBA 7(a), Other Services (except Public Administration) | $89K | 8% | 7 yr | SBA FOIA | |
| Aug 2026 | Puerto Rico | SBA 7(a), Tire Dealers | $50K | 8.5% | 5 yr | SBA FOIA | |
| Aug 2026 | Puerto Rico | SBA 7(a), Retail Trade | $40K | 8.75% | 10 yr | SBA FOIA | |
| Aug 2026 | Puerto Rico | SBA 7(a), Other Personal Care Services | $25K | 10% | 5 yr | SBA FOIA | |
| Aug 2026 | Puerto Rico | SBA 7(a), General Freight Trucking, Local | $20K | 8.5% | 4 yr | SBA FOIA | |
| Jul 2026 | Puerto Rico | SBA 7(a), Information | $1.4M | 8.75% | 7 yr | SBA FOIA | |
| Jul 2026 | Puerto Rico | SBA 7(a), Supermarkets and Other Grocery Retailers (except Convenience Retailers) | $360K | 8% | 20 yr | SBA FOIA | |
| Jul 2026 | Puerto Rico | SBA 7(a), Information | $350K | 8.75% | 2 yr | SBA FOIA | |
| Jul 2026 | Puerto Rico | SBA 7(a), Limited-Service Restaurants | $350K | 8.75% | 5 yr | SBA FOIA | |
| Jul 2026 | Puerto Rico | SBA 7(a), Child Care Services | $260K | 8.5% | 25 yr | SBA FOIA | |
| Jul 2026 | Puerto Rico | SBA 7(a), Supermarkets and Other Grocery Retailers (except Convenience Retailers) | $250K | 9.5% | 10 yr | SBA FOIA | |
| Jul 2026 | Puerto Rico | SBA 7(a), All Other Professional, Scientific, and Technical Services | $200K | 9.25% | 2 yr | SBA FOIA | |
| Jul 2026 | Puerto Rico | SBA 7(a), Health Care and Social Assistance | $140K | 9.25% | 20 yr | SBA FOIA | |
| Jul 2026 | Puerto Rico | SBA 7(a), Limited-Service Restaurants | $50K | 8.5% | 5 yr | SBA FOIA | |
| 193 SBA 7(a) loans since October 2023, net of cancelled | $43.0M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Puerto Rico | 191 | $41.9M |
| Florida | 1 | $1.10M |
| U.S. Virgin Islands | 1 | $91.0K |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 125 | $6.00M |
| $150K to $350K | 41 | $9.76M |
| $350K to $1M | 19 | $9.59M |
| $1M to $2.5M | 5 | $7.00M |
| $2.5M or more | 3 | $10.7M |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 14 | $2.37M |
| 2024 Q1 | 6 | $2.29M |
| 2024 Q2 | 18 | $6.47M |
| 2024 Q3 | 17 | $3.87M |
| 2024 Q4 | 21 | $3.93M |
| 2025 Q1 | 8 | $1.48M |
| 2025 Q2 | 7 | $1.67M |
| 2025 Q3 | 7 | $805K |
| 2025 Q4 | 8 | $4.14M |
| 2026 Q1 | 13 | $1.51M |
| 2026 Q2 | 43 | $10.1M |
| 2026 Q3 | 31 | $4.41M |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Full-Service Restaurants (722511) | 20 |
| Other Services (except Public Administration) | 9 |
| Limited-Service Restaurants (722513) | 6 |
| Medical Laboratories (621511) | 6 |
| All Other Professional, Scientific, and Technical Services (541990) | 5 |
| Offices of Certified Public Accountants (541211) | 5 |
| Offices of Physicians (except Mental Health Specialists) (621111) | 5 |
| Supermarkets and Other Grocery Retailers (except Convenience Retailers) (445110) | 5 |
| Administrative and Support and Waste Management and Remediation Services | 4 |
| Beauty Salons (812112) | 4 |
| Construction | 4 |
| Drycleaning and Laundry Services (except Coin-Operated) (812320) | 4 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| SBA Express Program | 108 |
| Preferred Lenders Program | 74 |
| Contract CAPLine | 7 |
| Working Capital CAPLine | 2 |
| 7a General | 1 |
| Export Express | 1 |
- FirstBank Puerto Rico made 193 SBA 7(a) loans totaling $43M in the 36 months ending September 30, 2026, net of cancelled approvals, in 3 states. SBA FOIA,
- 95 of them were in the 12 months to September 30, 2026, and 43 in the 12 months before. SBA FOIA,
- The typical loan was about $50K, with the middle half between $25K and $230K. SBA FOIA,
- The largest was about $5M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 125 loans were under $150K, and 8 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 9.50% on 193 loans, with the middle half between 8.50% and 11.25%. SBA FOIA,
- The median term was 5 years. SBA FOIA,
- Its loans went most often to Full-Service Restaurants, with 20. SBA FOIA,
- The SBA file lists 108 of its loans as processed under SBA Express Program. SBA FOIA,
- Its loans were most often in Puerto Rico (191), Florida (1) and U.S. Virgin Islands (1). SBA FOIA,
What we don't know
- Whether FirstBank Puerto Rico is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.