SBA Loans for Homes for the Elderly in Puerto Rico: Top Lenders

NAICS 623

NAICS 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.

Most active SBA lenders for Homes for the Elderly in Puerto Rico

#LenderApprovalsMedian Size
16$23,050
25$25,000

Recent SBA 7(a) approvals for Homes for the Elderly in Puerto Rico

MonthLenderBorrowerAmount
2025-02Banco Popular de Puerto RicoLas*****nc.$10,000
2025-02Banco Popular de Puerto RicoLas*****nc.$21,100
2024-08Oriental BankAlo*****LLC$313,500
2024-04FirstBank Puerto RicoCal*****LLC$2,732,600
2024-02Banco Popular de Puerto RicoHOG*****NC.$43,200
2023-12Banco Popular de Puerto RicoHog*****Inc$306,000
2023-12Banco Popular de Puerto RicoHog*****Inc$10,000
2023-12Banco Popular de Puerto RicoHog*****LLC$30,000
2023-08FirstBank Puerto RicoHOG*****LLC$25,000
2023-06Oriental BankLir****LLC$25,000
2022-08Oriental BankMan*****LLC$25,000
2021-12Banco Popular de Puerto RicoHOG*****INC$25,000
2021-05Oriental BankDBA*****mor$387,900
2021-05Oriental BankDBA*****mor$20,000
2021-04Oriental BankHOG*****NC.$126,000

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

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