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Economic Development Bank for Puerto Rico

N JUAN PR, 0 92012

53
Loans Approved
$8.2M
Total Volume
$155K
Avg Loan Size
1
States Served

States Served

PR

Top Industries Financed

  • Limited-Service Restaurants
  • Fitness and Recreational Sports Centers
  • Offices of Chiropractors
  • Full-Service Restaurants
  • Snack and Nonalcoholic Beverage Bars

Quick Summary

Economic Development Bank for Puerto Rico is an SBA-approved lender headquartered in N JUAN PR, 0 . Since 2020, they have approved 53 SBA 7(a) loans totaling $8.2M, with an average loan size of $155K. They primarily serve 0 businesses.

About Economic Development Bank for Puerto Rico

Economic Development Bank for Puerto Rico is an SBA-approved lender headquartered in N JUAN PR, 0 . Since 2020, they have approved 53 SBA 7(a) loans totaling $8.2M, with an average loan size of $155K. They primarily serve businesses in 0 .

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Economic Development Bank for Puerto Rico an SBA Preferred Lender?

Economic Development Bank for Puerto Rico is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has Economic Development Bank for Puerto Rico approved?

According to SBA FOIA public records, Economic Development Bank for Puerto Rico has approved 53 SBA 7(a) loans totaling $8.2M since 2020. Their average loan size is $155K.

What states does Economic Development Bank for Puerto Rico serve?

Economic Development Bank for Puerto Rico primarily serves businesses in 0 .

How do I apply for an SBA loan with Economic Development Bank for Puerto Rico?

To apply for an SBA 7(a) loan with Economic Development Bank for Puerto Rico, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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