El Piex Puertorriqueno, Inc.
El Piex Puertorriqueno, Inc. is a furniture retailer in San Juan, Puerto Rico, classified under NAICS code 449110. The company's SBA 504 loan, approved on November 13, 2024, has an SBA portion of $1,586,000 and was provided through Banco Popular de Puerto Rico with PYMES Financial Partners, Inc. as the certified development company.
SBA 504 loan, approved Nov 13, 2024
$1,586,000 SBA portionCDC: PYMES Financial Partners, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,586,000
- Bank portion
- $1,936,350
- Estimated project size
- $3,913,722 (estimated)
- Estimated owner equity
- $391,372 (estimated, about 10% of the project)
- Bank lender
- Banco Popular de Puerto Rico, San Juan, PR
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- November 13, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- San Juan County, PR
- SBA district office
- Puerto Rico and Usvi District Office
- Congressional district
- PR-0
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 26% of expansion loans in Furniture Retailers on this site.
- Average expansion loan in Furniture Retailers: $2,338,737.
- Average expansion loan in Puerto Rico: $1,751,850.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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Same industry in Puerto Rico
- Arecibo Home Design, Inc., Toa Baja