SBA Loans for Homes for the Elderly in Puerto Rico: Top Lenders
NAICS 623NAICS 623 covers homes for the elderly businesses in Puerto Rico. Based on historical SBA 7(a) lending data.
Total Approvals
11
in Puerto Rico
Median Loan Size
$25,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 623 covers homes for the elderly businesses. This is a smaller category in SBA 7(a) lending with 11 approvals on record and a median loan size of $25,000.
Key trends & insights
- Homes for the Elderly in Puerto Rico loans skew smaller than the SBA average at $25,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2025-02-28 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Homes for the Elderly in Puerto Rico
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 6 | $23,050 | |
| 2 | 5 | $25,000 |
Recent SBA 7(a) approvals for Homes for the Elderly in Puerto Rico
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Banco Popular de Puerto Rico | Hog*****Inc | GUANICA, PR | $80,000 |
| 2025-12 | Banco Popular de Puerto Rico | Hog*****Inc | GUANICA, PR | $25,000 |
| 2025-08 | Oriental Bank | HOG*****INC | LARES, PR | $25,000 |
| 2025-08 | Oriental Bank | HOG*****INC | LARES, PR | $400,000 |
| 2025-06 | Oriental Bank | HUE*****INC | BAYAMON, PR | $234,100 |
| 2025-02 | Banco Popular de Puerto Rico | Las*****nc. | YAUCO, PR | $10,000 |
| 2025-02 | Banco Popular de Puerto Rico | Las*****nc. | YAUCO, PR | $21,100 |
| 2025-02 | Banco Popular de Puerto Rico | Hog*****Inc | MAYAGUEZ, PR | $324,000 |
| 2025-02 | Oriental Bank | Mon*****LLC | CABO ROJO, PR | $25,000 |
| 2025-01 | Oriental Bank | CJR*****INC | RIO GRANDE, PR | $126,700 |
| 2024-10 | FirstBank Puerto Rico | Rey*****LLC | Bayamon, PR | $25,000 |
| 2024-09 | Banco Popular de Puerto Rico | Leg*****orp | SAN JUAN, PR | $15,000 |
| 2024-08 | Oriental Bank | Alo*****LLC | SABANA GRANDE, PR | $313,500 |
| 2024-08 | Oriental Bank | Man*****LLC | CAGUAS, PR | $25,000 |
| 2024-07 | Economic Development Bank for Puerto Rico | Hog*****LLC | Isabela, PR | $300,700 |
| 2024-06 | Banco Popular de Puerto Rico | Ehc*****nc. | San Juan, PR | $345,600 |
| 2024-04 | FirstBank Puerto Rico | Cal*****LLC | SAN JUAN, PR | $2,732,600 |
| 2024-02 | Banco Popular de Puerto Rico | HOG*****NC. | CAROLINA, PR | $43,200 |
| 2024-02 | Oriental Bank | Hog*****rre | CAROLINA, PR | $121,500 |
| 2023-12 | Banco Popular de Puerto Rico | Hog*****Inc | MAYAGUEZ, PR | $306,000 |
| 2023-12 | Banco Popular de Puerto Rico | Hog*****Inc | MAYAGUEZ, PR | $10,000 |
| 2023-12 | Banco Popular de Puerto Rico | Hog*****LLC | TRUJILLO ALTO, PR | $30,000 |
| 2023-11 | FirstBank Puerto Rico | CAS*****LLC | HUMACAO, PR | $15,000 |
| 2023-08 | FirstBank Puerto Rico | HOG*****LLC | SAN GERMAN, PR | $25,000 |
| 2023-07 | Banco Popular de Puerto Rico | HOG*****NC. | Carolina, PR | $165,300 |
| 2023-06 | Economic Development Bank for Puerto Rico | Ang*****LLC | Lajas, PR | $292,500 |
| 2023-06 | Oriental Bank | Lir****LLC | AGUADILLA, PR | $25,000 |
| 2022-08 | Oriental Bank | Man*****LLC | CAGUAS, PR | $25,000 |
| 2022-07 | Oriental Bank | Dor*****orp | SAN JUAN, PR | $174,200 |
| 2022-01 | Corp. Financiamiento Empresarial del Comercio y Comunidades | Dia*****ado | Mayaguez, PR | $100,300 |
| 2022-01 | Banco Popular de Puerto Rico | Hog*****mor | SAN GERMAN, PR | $10,000 |
| 2021-12 | Banco Popular de Puerto Rico | HOG*****INC | RIO GRANDE, PR | $25,000 |
| 2021-08 | Banco Popular de Puerto Rico | Her*****LLC | MANATI, PR | $280,000 |
| 2021-08 | Banco Popular de Puerto Rico | Her*****LLC | MANATI, PR | $20,000 |
| 2021-05 | Oriental Bank | DBA*****mor | BAYAMON, PR | $387,900 |
| 2021-05 | Oriental Bank | DBA*****mor | BAYAMON, PR | $20,000 |
| 2021-04 | Oriental Bank | HOG*****NC. | TOA BAJA, PR | $126,000 |
| 2019-11 | Oriental Bank | DBA*****tle | DORADO, PR | $96,500 |
| 2019-11 | Oriental Bank | Hog*****nc. | SAN JUAN, PR | $131,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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