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FirstBank Puerto Rico

SANTURCE, PR 909

⭐ SBA Preferred Lender
245
Loans Approved
$57.9M
Total Volume
$236K
Avg Loan Size
3
States Served

States Served

Top Industries Financed

  • Full-Service Restaurants
  • Offices of Physicians (except Mental Health Specialists)
  • Beauty Salons
  • Medical Laboratories
  • Limited-Service Restaurants

Quick Summary

FirstBank Puerto Rico is an SBA-approved lender headquartered in SANTURCE, PR. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 245 SBA 7(a) loans totaling $57.9M, with an average loan size of $236K. They serve businesses across 3 states.

About FirstBank Puerto Rico

FirstBank Puerto Rico is an SBA-approved lender headquartered in SANTURCE, PR. Since 2020, they have approved 245 SBA 7(a) loans totaling $57.9M, with an average loan size of $236K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 3 states.

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Frequently Asked Questions

Is FirstBank Puerto Rico an SBA Preferred Lender?

Yes, FirstBank Puerto Rico is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has FirstBank Puerto Rico approved?

According to SBA FOIA public records, FirstBank Puerto Rico has approved 245 SBA 7(a) loans totaling $57.9M since 2020. Their average loan size is $236K.

What states does FirstBank Puerto Rico serve?

FirstBank Puerto Rico serves businesses in 3 states: Florida, PR, VI.

How do I apply for an SBA loan with FirstBank Puerto Rico?

To apply for an SBA 7(a) loan with FirstBank 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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