Popular holds its position as leader of private banking for Small Business Administration
Popular holds its position as leader of private banking for Small Business Administration (SBA). For its production on guaranteed loans, Popular was recognized with the Gold Award during, the highest award during this edition.
The award is in recognition of the 427 guaranteed loans under 7ª program, for a total of $39.5MM during federal fiscal year 2016.
In addition, Popular had a production of 28 loans, for a total of $13,342,683, under 504 Program, the highest production of this loans during federal fiscal year 2016, when compared with other Banks.
Banco Popular has been recognized for more than 10 consecutive years with the highest honors of this group, for its excellent performance in commercial loans. This is another example of Popular’s commitment with PYMES in Puerto Rico.