Lenders › Oriental Bank
7(a) lenderSan Juan, Puerto RicoFDIC-insured bank57th of 2,184 by approvals
Oriental Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
Oriental Bank (San Juan, Puerto Rico) is an FDIC-insured bank in the SBA 7(a) program, 57th of 2,184 by approvals in FY2021 to FY2025: 676 loans worth $115M.
In FY2025, the latest complete fiscal year, it had 104 approvals totalling $23.8M, down 15% on FY2024 (122). FY2026 to 30 Jun 2026 adds 44 more.
The median approval was $111K, against $190K for the 7(a) program as a whole; 61.2% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 2 states and territories and 69 counties, led by Puerto Rico (97.2%) and U.S. Virgin Islands (2.8%). The largest industry group was health care and social assistance at 26.8% of approvals, and 2.8% of approvals were to franchise businesses.
Of 746 disbursed loans approved in FY2010 to FY2021, SBA records 43 as charged off (5.8%), 440 as paid in full and 263 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 44 | $10.1M | $108K | $229K | 283 |
| FY2025 | 104 | $23.8M | $160K | $229K | 929 |
| FY2024 | 122 | $21.8M | $115K | $179K | 1,142 |
| FY2023 | 113 | $14.1M | $76K | $125K | 1,224 |
| FY2022 | 141 | $20.6M | $100K | $146K | 1,466 |
| FY2021 | 196 | $34.8M | $122K | $177K | 2,208 |
| FY2020 | 154 | $22.9M | $132K | $149K | 1,937 |
| FY2019 | 142 | $15.9M | $79K | $112K | 1,354 |
| FY2018 | 62 | $7.4M | $88K | $119K | 340 |
| FY2017 | 17 | $1.7M | $80K | $102K | 66 |
| FY2016 | 27 | $3.0M | $104K | $111K | 262 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 402 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Puerto Rico | 7(a) program |
|---|---|---|---|
| Approvals in these years | 922 | 5,401 | 639,905 |
| Cancelled or never disbursed | 176 | 910 | 79,313 |
| Disbursed loans | 746 | 4,491 | 560,592 |
| Paid in full | 440 | 3,524 | 435,813 |
| Charged off | 43 | 275 | 36,891 |
| Still outstanding (status exempt from disclosure) | 263 | 692 | 87,888 |
| Charged off, share of disbursed loans | 5.8% | 6.1% | 6.6% |
| Dollars charged off, share of disbursed dollars | 3.3% | 2.3% | 2.5% |
| Dollars charged off | $3.2M | $11.8M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 180 | 63 | 2 | 1.1% | 2.8% |
| FY2020 | 115 | 55 | 3 | 2.6% | 4.0% |
| FY2019 | 128 | 67 | 3 | 2.3% | 6.7% |
| FY2018 | 54 | 32 | 1 | 1.9% | 7.9% |
| FY2017 | 14 | 11 | 0 | — | 7.7% |
| FY2016 | 24 | 19 | 1 | — | 7.2% |
| FY2015 | 25 | 21 | 3 | — | 6.9% |
| FY2014 | 13 | 10 | 2 | — | 6.4% |
| FY2013 | 21 | 21 | 0 | — | 6.0% |
| FY2012 | 51 | 42 | 8 | 15.7% | 6.3% |
| FY2011 | 72 | 57 | 14 | 19.4% | 6.9% |
| FY2010 | 49 | 42 | 6 | 12.2% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $111K | $190K |
| Average approval | $170K | $518K |
| Approvals of $150,000 or less | 61.2% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 47.8% | 34.3% |
| Approvals to franchise businesses | 2.8% | 11.5% |
| Jobs supported per approval, as reported | 10.3 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 5.8% | 6.6% |
States served
| # | State of the business (2 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Puerto Rico | 657 | $112M | 97.2% | |
| 2 | U.S. Virgin Islands | 19 | $3.2M | 2.8% |
In Puerto Rico the lender accounts for 26.3% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (69 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | San Juan Municipio, PR | 162 | $29.1M | 24.0% | |
| 2 | Bayamon Municipio, PR | 74 | $10.9M | 10.9% | |
| 3 | Caguas Municipio, PR | 47 | $8.5M | 7.0% | |
| 4 | Guaynabo Municipio, PR | 29 | $4.6M | 4.3% | |
| 5 | Carolina Municipio, PR | 22 | $5.4M | 3.3% | |
| 6 | Dorado Municipio, PR | 19 | $1.7M | 2.8% | |
| 7 | Manati Municipio, PR | 18 | $2.4M | 2.7% | |
| 8 | Toa Baja Municipio, PR | 16 | $2.1M | 2.4% | |
| 9 | Aguadilla Municipio, PR | 15 | $2.5M | 2.2% | |
| 10 | Mayaguez Municipio, PR | 14 | $1.3M | 2.1% | |
| 11 | Arecibo Municipio, PR | 12 | $2.2M | 1.8% | |
| 12 | Naranjito Municipio, PR | 12 | $2.1M | 1.8% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 181 | 26.8% | |
| 2 | Retail Trade | 118 | 17.5% | |
| 3 | Accommodation and Food Services | 82 | 12.1% | |
| 4 | Professional, Scientific, and Technical Services | 65 | 9.6% | |
| 5 | Construction | 58 | 8.6% | |
| 6 | Other Services (except Public Administration) | 50 | 7.4% | |
| 7 | Manufacturing | 31 | 4.6% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 25 | 3.7% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 71 | 10.5% | |
| 2 | Offices of PhysiciansNAICS 6211 | 68 | 10.1% | |
| 3 | Offices of Other Health PractitionersNAICS 6213 | 62 | 9.2% | |
| 4 | Nonresidential Building ConstructionNAICS 2362 | 24 | 3.6% | |
| 5 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 22 | 3.3% | |
| 6 | Automotive Parts, Accessories, and Tire StoresNAICS 4413 | 20 | 3.0% | |
| 7 | Grocery StoresNAICS 4451 | 18 | 2.7% | |
| 8 | Health and Personal Care RetailersNAICS 4561 | 18 | 2.7% | |
| 9 | Personal Care ServicesNAICS 8121 | 18 | 2.7% | |
| 10 | Continuing Care Retirement Communities and Assisted Living Facilities for the ElderlyNAICS 6233 | 17 | 2.5% |
Approval sizes
- $50,000 or less32.1%217
- $50,001 to $150,00029.1%197
- $150,001 to $350,00025.7%174
- $350,001 to $1 million12.7%86
- $1 million to $2 million0.3%2
Loan terms
- 5 years or less38.6%261
- Over 5 to 10 years22.8%154
- Over 10 to 20 years32.2%218
- Over 20 years6.4%43
Age of the businesses
- Existing, more than 2 years old49.3%333
- New business, 2 years or less20.1%136
- Startup, loan funds will open the business27.7%187
- Change of ownership3.0%20
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | SBA Express Program | 489 | 72.3% | |
| 2 | Preferred Lenders Program | 174 | 25.7% | |
| 3 | 7a General | 11 | 1.6% | |
| 4 | Contract CAPLine | 2 | 0.3% |
Franchise share
19 of 676 approvals in FY2021–FY2025 (2.8%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Marco's Pizza | 5 | 0.7% | |
| 2 | Arby's | 3 | 0.4% | |
| 3 | Crumbl | 3 | 0.4% | |
| 4 | Tijuana's Bar & Grill | 2 | 0.3% | |
| 5 | The Taco Maker, Taco Maker Mexican Grill | 2 | 0.3% | |
| 6 | Wetzel's Pretzels | 2 | 0.3% | |
| 7 | Duck Donuts | 1 | 0.1% | |
| 8 | Taco Maker Mexican Grill | 1 | 0.1% |
Questions and answers
How many SBA loans does Oriental Bank make?
SBA approved 104 7(a) loans through Oriental Bank in FY2025, worth $23.8M, and 676 over FY2021 to FY2025. That ranks 57th of 2,184 active 7(a) lenders by number of approvals.
How large are Oriental Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $111K and the average $170K. The program-wide median was $190K.
What is Oriental Bank's charge-off rate?
Of 746 disbursed loans approved in FY2010 to FY2021, SBA records 43 as charged off (5.8%), 440 as paid in full and 263 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Oriental Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (71); offices of physicians (68); offices of other health practitioners (62); nonresidential building construction (24).
Where does Oriental Bank make SBA loans?
In 2 states and territories. Puerto Rico 657, U.S. Virgin Islands 19. In Puerto Rico it accounts for 26.3% of all 7(a) approvals.
Is Oriental Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 339, against 491 in the three before: falling (-31%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error