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PPP Loans in Puerto Rico

70,201 loans worth $2.8B went to businesses and nonprofits in Puerto Rico in 2020 and 2021, supporting 578,205 reported jobs.

Loans
70,201
Program ran 2020 to 2021
Total approved
$2.8B
Average $39,521
Jobs reported
578,205
Forgiven
$2.8B
100% of approved

Search PPP loans

Look up a business by name, or list every loan in a ZIP code.

PPP loans by county in Puerto Rico

By borrower ZIP code, largest first

Swipe the table sideways to see more columns.

#CountyLoansAmountJobs reported
1San Juan Municipio16,464$809M148,151
2Guaynabo Municipio4,293$250M39,359
3Bayamón Municipio4,634$172M37,480
4Caguas Municipio3,225$142M28,741
5Carolina Municipio3,282$141M26,973
6Ponce Municipio2,724$108M24,183
7Mayagüez Municipio1,699$70.1M16,962
8Toa Baja Municipio1,298$63.9M12,968
9Cataño Municipio331$54M10,062
10Arecibo Municipio1,362$40.8M11,131
11Dorado Municipio1,130$40.7M7,543
12Humacao Municipio872$30.4M6,788
13Aguadilla Municipio1,100$30M8,410
14Trujillo Alto Municipio1,154$29.5M6,304
15Manatí Municipio846$27M5,615
16Vega Baja Municipio777$26.1M6,261
17Hatillo Municipio673$23.4M5,907
18Río Grande Municipio647$20.9M4,319
19Gurabo Municipio778$18M3,868
20Toa Alta Municipio1,043$16.7M3,626
21Fajardo Municipio641$16.5M3,803
22Cabo Rojo Municipio851$16.5M4,560
23Canóvanas Municipio653$16.4M3,878
24Isabela Municipio629$16M4,413
25Cidra Municipio608$15.6M3,733
26Aguada Municipio767$14.9M4,027
27Cayey Municipio662$14.7M3,028
28San Sebastián Municipio791$14.5M5,236
29Moca Municipio568$14.3M4,055
30Vega Alta Municipio531$13.9M2,895
31Juana Díaz Municipio444$12.7M3,623
32Las Piedras Municipio400$12.5M3,125
33Yauco Municipio518$12M3,289
34Guayama Municipio385$11.4M3,071
35San Germán Municipio430$11.3M3,252
36Corozal Municipio375$11.3M2,668
37Hormigueros Municipio257$11M2,405
38Lajas Municipio266$10.9M2,874
39San Lorenzo Municipio441$10.8M2,490
40Barceloneta Municipio307$10.5M2,882
41Naranjito Municipio487$10.4M2,741
42Santa Isabel Municipio238$9.8M2,737
43Juncos Municipio409$8.7M2,312
44Añasco Municipio316$8.4M2,312
45Camuy Municipio491$8.4M2,358
46Coamo Municipio409$7.8M2,214
47Barranquitas Municipio368$7.3M1,775
48Luquillo Municipio319$7.3M1,693
49Rincón Municipio246$7.3M1,939
50Peñuelas Municipio146$7.1M1,469
51Lares Municipio310$6.9M2,322
52Yabucoa Municipio250$6.6M1,542
53Aibonito Municipio310$6.5M1,634
54Salinas Municipio243$6.4M2,198
55Quebradillas Municipio321$6M1,815
56Naguabo Municipio235$6M1,773
57Sabana Grande Municipio189$5.8M1,754
58Morovis Municipio394$5.6M1,508
59Orocovis Municipio242$5.5M1,722
60Guánica Municipio107$5.1M1,449
61Adjuntas Municipio222$4.6M1,431
62Aguas Buenas Municipio349$4.6M1,111
63Guayanilla Municipio151$4.4M1,429
64Utuado Municipio286$4.4M1,349
65Patillas Municipio94$4.3M852
66Vieques Municipio159$3.6M992
67Jayuya Municipio151$3.1M1,154
68Ciales Municipio184$3M891
69Arroyo Municipio79$3M825
70Comerío Municipio120$2.9M782
71Ceiba Municipio140$2.7M606
72Villalba Municipio167$2.7M833
73Loíza Municipio94$2.2M535
74Florida Municipio182$2.2M549
75Las Marías Municipio128$1.6M554
76Culebra Municipio65$1.4M430
77Maunabo Municipio68$1M339
78Maricao Municipio36$412K185

Loans by industry

Share of total loan dollars

  • Health care and social assistance10,172 loans13.0%
  • Accommodation and food services5,173 loans12.9%
  • Professional and technical services13,870 loans12.5%
  • Retail trade7,211 loans11.9%
  • Wholesale trade2,703 loans7.4%
  • Manufacturing2,769 loans6.6%
  • Construction3,919 loans6.3%
  • Administrative and support services2,646 loans5.6%
  • Educational services1,327 loans4.6%
  • Other services6,056 loans3.8%

Loans by size

Share of the number of loans

  • Under $20K45,79265.2%
  • $20K to $50K15,66822.3%
  • $50K to $150K5,7898.2%
  • $150K to $350K1,7982.6%
  • $350K to $1M8721.2%
  • $1M to $2M1930.3%
  • $2M or more890.1%

Top lenders

By loan dollars

  1. 1Banco Popular de Puerto Rico46,350$1.7B
  2. 2FirstBank Puerto Rico12,127$513M
  3. 3Oriental Bank8,801$438M
  4. 4Banesco USA149$35.2M
  5. 5Cooperativa de Ahorro y Cr<ac,e>dito Dr. Manuel Zeno Gand<ac,i>a829$13.2M
  6. 6Bank of America, National Association34$7.4M
  7. 7Cooperativa de Ahorro y Cr<ac,e>dito de Arecibo (COOPACA)643$6.3M
  8. 8Cooperativa de Ahorro y Cr<ac,e>dito Jes\da\us Obrero193$4.4M
  9. 9Mid Penn Bank1$3.9M
  10. 10Puerto Rico Farm Credit31$2.3M

Largest PPP loans in Puerto Rico

Top 25 by approved amount

BorrowerLocationLoanJobsForgivenApproved
Caribbean Temporary Services LLCAdministrative and support servicesSanturce, PR00907$10M500$10.2MForgiven on 07/29/202204/28/2020
South American Restaurants Corp.Accommodation and food servicesGuaynabo, PR00969$10M500$10.1MForgiven on 06/11/202104/12/2020
Genesis Security Services, INC.Administrative and support servicesCarolina, PR00979$10M500$10.1MForgiven on 04/26/202104/27/2020
Centro Medico Del Turabo INC.Health care and social assistanceCaguas, PR00725$10M500$10.1MForgiven on 06/11/202104/27/2020
Caribbean Restaurants LLCAccommodation and food servicesGuaynabo, PR00968$10M500$10.1MForgiven on 06/11/202104/08/2020
Encanto Restaurants INCAccommodation and food servicesSan Juan, PR00926$9.7M500$9.8MForgiven on 06/11/202104/08/2020
International Restaurant Services, INC.Accommodation and food servicesCatano, PR00962$9M500$9.1MForgiven on 06/11/202104/15/2020
Universal Insurance CompanyFinance and insuranceGuaynabo, PR00969$8.6M500$8.7MForgiven on 06/15/202104/10/2020
Wendco of Puerto Rico INCAccommodation and food servicesSan Juan, PR00907$7.7M500$7.8MForgiven on 06/11/202104/11/2020
Saint Luke's Memorial HospitalHealth care and social assistancePonce, PR00716$7.6M500$7.6MForgiven on 09/02/202107/22/2020
Gfr MediaInformationGuaynabo, PR00968$6.4M500$6.5MForgiven on 06/11/202104/11/2020
Suiza Dairy CorporationManufacturingSan Juan, PR00910$4.8M500$4.9MForgiven on 06/11/202105/01/2020
Caribbean Lumber & Hardware, INC.Retail tradeCarolina, PR00982$4.7M500$4.7MForgiven on 06/11/202106/10/2020
Mendez & Co., INC.Wholesale tradeGuaynabo, PR00966$4.6M487$4.4MForgiven on 06/11/202104/08/2020
Grupo Cooperativo Seguros MultiplesManagement of companiesSan Juan, PR00927$4.6M473$4.7MForgiven on 06/24/202104/27/2020
Ballester Hermanos INC.Wholesale tradeCatano, PR00962$4.5M495$4.6MForgiven on 06/11/202104/11/2020
Bella International & Esteves 30Wholesale tradeSan Juan, PR00920$4.4M500$4.5MForgiven on 06/24/202104/12/2020
Pepsi Cola Puerto Rico Distributing LLCManufacturingToa Baja, PR00949$4.4M500$4.5MForgiven on 06/11/202104/27/2020
Mentor Technical Group Corp.Professional and technical servicesCaguas, PR00726$4.3M500$4.4MForgiven on 06/11/202104/27/2020
Presbyterian Community Hospital, INC.Health care and social assistanceSan Juan, PR00902$4.3M500$4.3MForgiven on 06/11/202104/30/2020
Capitol Security Police, INC.Administrative and support servicesSan Juan, PR00910$4M500$4MForgiven on 06/11/202104/30/2020
Sb Usvi Acquisition, INC.Transportation and warehousingCarolina, PR00979$3.9M203$4MForgiven on 06/11/202106/26/2020
Pan Pepin INCManufacturingBayamon, PR00959$3.9M460$3.9MForgiven on 08/20/202104/14/2020
Physician Hmo INCHealth care and social assistanceSan Juan, PR00918$3.9M372$3.9MForgiven on 07/26/202104/28/2020
Universidad Politecnica De Puerto Rico INC.Educational servicesSan Juan, PR00918$3.8M459$3.8MForgiven on 06/11/202104/16/2020

Names of sole proprietors, self-employed individuals and independent contractors are not shown. Street addresses are not shown for any borrower.

Frequently asked questions

How many PPP loans were made in Puerto Rico?
Lenders approved 70,201 PPP loans worth $2,774,410,239 for borrowers in Puerto Rico, an average of $39,521 per loan.
What was the largest PPP loan in Puerto Rico?
The largest was $10,000,000 to Caribbean Temporary Services LLC in SANTURCE, which reported 500 jobs.
Which county in Puerto Rico got the most PPP money?
San Juan Municipio received the most, $809M across 16,464 loans.