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County9th of 78 in Puerto Rico by approvals
SBA loans in Toa Baja Municipio, Puerto Rico
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Toa Baja Municipio, Puerto Rico, received 61 SBA loan approvals worth $11.9M in FY2021 to FY2025 (50 7(a), 11 504).
The Census Bureau publishes no establishment count for it, so approvals cannot be set against the number of businesses.
It ranks 9th of 78 Puerto Rico counties with approvals. In FY2025 there were 21, up 40% on FY2024.
8 lenders had approvals here; the most active were Banco Popular de Puerto Rico (24), Oriental Bank (16) and FirstBank Puerto Rico (8). The most common industry was offices of other health practitioners.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Toa Baja Municipio
By number of approvals to businesses in the county, FY2021–FY2025; 8 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Banco Popular de Puerto RicoSan Juan, PR | 24 | $2.4M | 39.3% | |
| 2 | Oriental BankSan Juan, PR | 16 | $2.1M | 26.2% | |
| 3 | FirstBank Puerto RicoSanturce, PR | 8 | $1.8M | 13.1% | |
| 4 | Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)San Juan, PR · CDC | 6 | $1.7M | 9.8% | |
| 5 | Marketing Small Business Finance CorporationSan Juan, PR · CDC | 3 | $948K | 4.9% | |
| 6 | PYMES Financial Partners, Inc.San Juan, PR · CDC | 2 | — | 3.3% | |
| 7 | Economic Development Bank for Puerto RicoSan Juan, PR | 1 | — | 1.6% | |
| 8 | Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC)San Juan, PR | 1 | — | 1.6% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Offices of Other Health PractitionersNAICS 6213 | 8 | 13.1% | |
| 2 | Building Finishing ContractorsNAICS 2383 | 6 | 9.8% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 5 | 8.2% | |
| 4 | Grocery StoresNAICS 4451 | 4 | 6.6% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 3 | 4.9% | |
| 6 | Offices of PhysiciansNAICS 6211 | 2 | 3.3% | |
| 7 | Medical and Diagnostic LaboratoriesNAICS 6215 | 2 | 3.3% | |
| 8 | Automotive Parts, Accessories, and Tire StoresNAICS 4413 | 2 | 3.3% | |
| 9 | General Rental CentersNAICS 5323 | 2 | 3.3% | |
| 10 | Motion Picture and Video IndustriesNAICS 5121 | 2 | 3.3% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 15 | 24.6% | |
| 2 | Retail Trade | 11 | 18.0% | |
| 3 | Construction | 8 | 13.1% | |
| 4 | Accommodation and Food Services | 6 | 9.8% | |
| 5 | Other Services (except Public Administration) | 5 | 8.2% | |
| 6 | Real Estate and Rental and Leasing | 4 | 6.6% | |
| 7 | Manufacturing | 3 | 4.9% | |
| 8 | Professional, Scientific, and Technical Services | 3 | 4.9% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 6 | $205K | $28K | 3 | $1.2M | 9 | 40 |
| FY2025 | 16 | $2.1M | $86K | 5 | $1.1M | 21 | 121 |
| FY2024 | 14 | $2.2M | $133K | 1 | — | 15 | 153 |
| FY2023 | 9 | $913K | $30K | 2 | — | 11 | 97 |
| FY2022 | 9 | $1.2M | $81K | 1 | — | 10 | 72 |
| FY2021 | 2 | — | — | 2 | — | 4 | 74 |
| FY2020 | 11 | $1.2M | $99K | 0 | — | 11 | 101 |
| FY2019 | 18 | $4.4M | $104K | 1 | — | 19 | 179 |
| FY2018 | 10 | $1.4M | $69K | 1 | — | 11 | 76 |
| FY2017 | 4 | $530K | $107K | 1 | — | 5 | 55 |
| FY2016 | 8 | $454K | $37K | 1 | — | 9 | 113 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 55 approvals.
Against Puerto Rico and the country
| FY2021–FY2025 | Toa Baja Municipio | Puerto Rico | United States |
|---|---|---|---|
| Approvals | 61 | 2,777 | 342,825 |
| Approvals per 1,000 establishments | — | — | 41.0 |
| Median 7(a) approval | $95K | $81K | $190K |
| Median 504 approval | $261K | $243K | $657K |
| Average approval | $195K | $205K | $573K |
| 504 share of approvals | 18.0% | 10.1% | 11.0% |
| Jobs supported per approval, as reported | 8.5 | 11.2 | 10.5 |
| Share of state approvals | 2.2% | 100.0% | — |
Approval sizes
- $50,000 or less31.1%19
- $50,001 to $150,00026.2%16
- $150,001 to $350,00029.5%18
- $350,001 to $1 million11.5%7
- Over $2 million1.6%1
Age of the businesses
- Existing, more than 2 years old75.4%46
- New business, 2 years or less11.5%7
- Startup, loan funds will open the business13.1%8
Questions and answers
Which lenders make the most SBA loans in Toa Baja Municipio?
By approvals in FY2021 to FY2025: Banco Popular de Puerto Rico (24), Oriental Bank (16), FirstBank Puerto Rico (8), Corp. Financiamiento Empresarial del Comercio y Comunidades (COFECC) (6), Marketing Small Business Finance Corporation (3). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Toa Baja Municipio?
The median 7(a) approval was $95K and the median 504 approval $261K; the Puerto Rico 7(a) median was $81K.
Which industries get the most SBA loans in Toa Baja Municipio?
Offices of Other Health Practitioners (8); Building Finishing Contractors (6); Restaurants and Other Eating Places (5); Grocery Stores (4); Automotive Repair and Maintenance (3).
Is SBA lending in Toa Baja Municipio rising?
Approvals in the three latest complete fiscal years total 47, against 25 in the three before: rising (+88%).
How does Toa Baja Municipio compare with the rest of Puerto Rico?
It had 61 of the state's 2,777 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error