SBA Loans for Electrical Contractors in Puerto Rico: Top Lenders
NAICS 238NAICS 238 covers electrical contractors businesses in Puerto Rico. Based on historical SBA 7(a) lending data.
Total Approvals
24
in Puerto Rico
Median Loan Size
$50,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 238 covers electrical contractors businesses. This is a smaller category in SBA 7(a) lending with 24 approvals on record and a median loan size of $50,000.
Key trends & insights
- Electrical Contractors in Puerto Rico lending is concentrated — Banco Popular DE Puerto Rico, Oriental Bank, Firstbank Puerto Rico together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Banco Popular DE Puerto Rico leads this industry with 15 approvals (63% market share) and a median loan of $50,000.
- Electrical Contractors in Puerto Rico loans skew smaller than the SBA average at $50,000 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 2025-02-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electrical Contractors in Puerto Rico
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 15 | $50,000 | |
| 2 | 8 | $70,000 | |
| 3 | 1 | $25,000 |
Recent SBA 7(a) approvals for Electrical Contractors in Puerto Rico
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-02 | Banco Popular de Puerto Rico | ESP*****LLC | BAYAMON, PR | $25,000 |
| 2024-08 | Banco Popular de Puerto Rico | MOI*****TIZ | CAROLINA, PR | $10,000 |
| 2024-08 | Banco Popular de Puerto Rico | Bes*****LLC | GURABO, PR | $25,000 |
| 2024-06 | Banco Popular de Puerto Rico | GA *****LLC | NAGUABO, PR | $180,000 |
| 2024-04 | Oriental Bank | Dak*****LLC | VIEQUES, PR | $720,000 |
| 2024-02 | Banco Popular de Puerto Rico | Lun*****nc. | CAYEY, PR | $350,000 |
| 2024-02 | Banco Popular de Puerto Rico | PDL*****LLC | CAROLINA, PR | $200,000 |
| 2024-01 | Oriental Bank | SOL*****LLC | BAYAMON, PR | $30,000 |
| 2023-12 | Oriental Bank | VAL*****LLC | CAGUAS, PR | $500,000 |
| 2023-10 | Banco Popular de Puerto Rico | JP *****TOR | MANATI, PR | $50,000 |
| 2023-08 | FirstBank Puerto Rico | X &*****LLC | GURABO, PR | $25,000 |
| 2023-08 | Oriental Bank | ER *****ION | SAN LORENZO, PR | $101,700 |
| 2023-07 | Banco Popular de Puerto Rico | Man*****orp | CIDRA, PR | $300,000 |
| 2023-06 | Oriental Bank | Sun*****LLC | BAYAMON, PR | $25,000 |
| 2023-04 | Banco Popular de Puerto Rico | Man*****orp | CIDRA, PR | $50,000 |
| 2022-11 | Banco Popular de Puerto Rico | Pro*****nc. | MAYAGUEZ, PR | $160,000 |
| 2022-08 | Banco Popular de Puerto Rico | GFO*****LLC | SAN JUAN, PR | $20,000 |
| 2022-05 | Banco Popular de Puerto Rico | Man*****orp | CIDRA, PR | $78,000 |
| 2022-05 | Banco Popular de Puerto Rico | RIV*****LLC | FAJARDO, PR | $25,000 |
| 2022-05 | Oriental Bank | T.M*****rp. | GURABO, PR | $75,000 |
| 2022-02 | Banco Popular de Puerto Rico | CM**INC | CABO ROJO, PR | $10,000 |
| 2021-08 | Oriental Bank | Cyc*****LLC | GUAYNABO, PR | $65,000 |
| 2021-05 | Oriental Bank | ALE*****NSO | GUAYANILLA, PR | $25,000 |
| 2020-08 | Oriental Bank | JHE*****ORP | SAN JUAN, PR | $144,200 |
| 2019-12 | Banco Popular de Puerto Rico | JS***orp | Aguadilla, PR | $15,000 |
| 2019-12 | Banco Popular de Puerto Rico | Ove*****nc. | Caguas, PR | $290,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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