SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Puerto Rico: Top Lenders

NAICS 423

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Puerto Rico. Based on historical SBA 7(a) lending data.

Total Approvals

20

in Puerto Rico

Median Loan Size

$87,500

per approval

Recent Activity

1

last 90 days through Nov 2025

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 20 approvals on record and a median loan size of $87,500.

Key trends & insights

  • Industrial Machinery and Equipment Merchant Wholesalers in Puerto Rico lending is concentrated — Banco Popular DE Puerto Rico, Oriental Bank, Firstbank Puerto Rico together account for 95% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • Banco Popular DE Puerto Rico leads this industry with 13 approvals (65% market share) and a median loan of $50,000.
  • Industrial Machinery and Equipment Merchant Wholesalers in Puerto Rico loans skew smaller than the SBA average at $87,500 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.

Most active SBA lenders for Industrial Machinery and Equipment Merchant Wholesalers in Puerto Rico

#LenderApprovalsMedian Size
113$50,000
23$65,000
33$250,000
41$300,000

Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Puerto Rico

MonthLenderBorrowerAmount
2025-11Banco Popular de Puerto RicoINT*****LLC$200,000
2025-02Banco Popular de Puerto RicoToñ*****LLC$40,000
2025-02Economic Development Bank for Puerto RicoIME*****LLC$300,000
2024-08Banco Popular de Puerto RicoOrt*****LLC$40,000
2024-08Oriental BankDS *****orp$842,000
2024-08Banco Popular de Puerto RicoAME*****INC$100,000
2024-07Banco Popular de Puerto RicoAud*****LLC$170,000
2024-07Banco Popular de Puerto RicoAud*****LLC$190,000
2024-07Banco Popular de Puerto RicoAud*****LLC$680,000
2024-05Banco Popular de Puerto RicoEl *****LLC$50,000
2024-05Banco Popular de Puerto RicoEl *****LLC$15,000
2024-04Banco Popular de Puerto RicoIsl*****LLC$31,400
2024-02Banco Popular de Puerto RicoAud*****LLC$500,000
2024-02FirstBank Puerto RicoROM*****ORP$233,000
2023-10Banco Popular de Puerto RicoER *****Inc$20,000
2023-05FirstBank Puerto RicoCro*****nc.$250,000
2023-01Banco Popular de Puerto RicoRos*****nc.$10,000
2022-05Banco Popular de Puerto RicoLa *****orp$157,500
2021-12Oriental BankMed*****LLC$30,000
2021-12Oriental BankMed*****LLC$70,000
2021-06Banco Popular de Puerto RicoPR *****LLC$189,000
2021-06Oriental BankAnt*****ply$35,000
2021-06Oriental BankAnt*****ply$65,000
2021-05FirstBank Puerto RicoFP *****nc.$385,000
2021-04Oriental BankOUT*****ORP$350,000
2019-12Banco Popular de Puerto RicoSan*****ion$75,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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