SBA Loans for Hotels (except Casino Hotels) and Motels in Puerto Rico: Top Lenders
NAICS 721NAICS 721 covers hotels (except casino hotels) and motels businesses in Puerto Rico. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Puerto Rico
Median Loan Size
$380,350
per approval
Recent Activity
0
last 90 days through Feb 2024
NAICS 721 covers hotels (except casino hotels) and motels businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $380,350.
Key trends & insights
- SBA data for this industry goes through 2024-02-17 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Hotels (except Casino Hotels) and Motels in Puerto Rico
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $222,950 | |
| 2 | 2 | $455,600 |
Recent SBA 7(a) approvals for Hotels (except Casino Hotels) and Motels in Puerto Rico
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-02 | Banco Popular de Puerto Rico | LAS*****LLC | AGUADA, PR | $63,400 |
| 2023-02 | Banco Popular de Puerto Rico | Hos*****orp | SAN JUAN, PR | $382,500 |
| 2021-06 | Oriental Bank | HIL*****LLC | CULEBRA, PR | $378,200 |
| 2021-04 | Oriental Bank | RS *****LLC | CAROLINA, PR | $533,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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