FirstBank Puerto Rico: SBA loans in this registry
5companies
5loans
$11.7Mtotal approved
$2.3Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Santurce, PR
- FDIC certificate number
- 30387
- Total assets
- $19.2 billion (as of June 30, 2026)
- Established
- 1949
- Offices
- 74
- Website
- www.1firstbank.com
- Acquisition loans (7(a))
- 2 loans, $1.8M total, $900K average
- Expansion loans (504, SBA portion)
- 3 loans, $9.9M total, $3.3M average
- Approval dates
- Oct 4, 2023 to Jul 10, 2025
- Typical term (median)
- acquisition loans: 18 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 7.45% to 8.9%, median 8.18%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Janitorial Services: 1 loan
- Child Care Services: 1 loan
- Full-Service Restaurants: 1 loan
- Insurance Agencies and Brokerages: 1 loan
- Veterinary Services: 1 loan
Top states
- Puerto Rico: 3 loans
- Florida: 2 loans
Largest deals
- Mlm Restaurants Inc, Carolina, PR: $4,961,000 (504 SBA portion, Feb 28, 2024)
- Redbridge Group, LLC, Coral Gables, FL: $3,921,000 (504 SBA portion, Jan 3, 2024)
- Landem Corp., Hollywood, FL: $1,062,500 (7(a) acquisition, May 20, 2024)
- Prime Office Plaza LLC, Mercedita, PR: $1,025,000 (504 SBA portion, Jul 10, 2025)
- Caparra Animal Hospital, L.L.C., Guaynabo, PR: $738,000 (7(a) acquisition, Oct 4, 2023)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Prime Office Plaza LLC | Mercedita, PR | Janitorial Services | Expansion | Jul 10, 2025 | $1.0M |
| Landem Corp. | Hollywood, FL | Child Care Services | Acquisition | May 20, 2024 | $1.1M |
| Mlm Restaurants Inc | Carolina, PR | Full-Service Restaurants | Expansion | Feb 28, 2024 | $5.0M |
| Redbridge Group, LLC | Coral Gables, FL | Insurance Agencies and Brokerages | Expansion | Jan 3, 2024 | $3.9M |
| Caparra Animal Hospital, L.L.C. | Guaynabo, PR | Veterinary Services | Acquisition | Oct 4, 2023 | $738K |