States Served
Top Industries Financed
- Full-Service Restaurants
- Barber Shops
- All Other Outpatient Care Centers
Quick Summary
Popular Bank is an SBA-approved lender headquartered in NEW YORK CITY, New York. Since 2020, they have approved 5 SBA 7(a) loans totaling $4.5M, with an average loan size of $899K. They primarily serve New York businesses.
About Popular Bank
Popular Bank is an SBA-approved lender headquartered in NEW YORK CITY, New York. Since 2020, they have approved 5 SBA 7(a) loans totaling $4.5M, with an average loan size of $899K. They primarily serve businesses in New York.
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Frequently Asked Questions
Is Popular Bank an SBA Preferred Lender?
Popular Bank is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.
How many SBA loans has Popular Bank approved?
According to SBA FOIA public records, Popular Bank has approved 5 SBA 7(a) loans totaling $4.5M since 2020. Their average loan size is $899K.
What states does Popular Bank serve?
Popular Bank primarily serves businesses in New York.
How do I apply for an SBA loan with Popular Bank?
To apply for an SBA 7(a) loan with Popular Bank, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
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