SBA Loans for Motor Vehicle Towing in Puerto Rico: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in Puerto Rico. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Puerto Rico
Median Loan Size
$55,000
per approval
Recent Activity
0
last 90 days through Apr 2024
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $55,000.
Key trends & insights
- Motor Vehicle Towing in Puerto Rico loans skew smaller than the SBA average at $55,000 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 2024-04-19 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Motor Vehicle Towing in Puerto Rico
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $55,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in Puerto Rico
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-04 | Banco Popular de Puerto Rico | APC*****nc. | SANTA ISABEL, PR | $10,000 |
| 2019-12 | Banco Popular de Puerto Rico | SN *****nc. | Cabo Rojo, PR | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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