PPP lender · derived table
Popular Bank
Popular Bank appears in the SBA PPP loan-level file with 2,255 loans and $323.8 million in approved dollars, an average of $143,594 a loan. That is 0.02% of the 11,468,171 loans in our per-lender totals (39 fewer than the 11,468,210 in the SBA file), rank 316 of the 500 largest lenders by approved dollars and rank 478 by loan count. Borrowers on those loans reported 37,797 jobs, 16.8 a loan, and $8,567 of approved dollars for each reported job. 2 pages in the archive carry the name in a title or description.
Totals
| Loans | 2,255 |
| Approved dollars | $323,804,011 |
| Average loan | $143,593.80 |
| Share of program loans | 0.0197% |
| Rank by approved dollars | 316 of 500 |
| Rank by loan count | 478 of 500 |
| Jobs reported | 37,797 |
| Jobs per loan | 16.7614 |
| Approved dollars per reported job | $8,566.92 |
| Borrowers | 2,044 |
| Loans per borrower | 1.103 |
| Lender type (archive classification) | Community bank |
| Modeled processing fees | $10,851,259.55 |
| Modeled fees, 2020 first-draw loans | $7,321,725.40 |
| Modeled fees, 2021 first-draw loans | $584,286 |
| Modeled fees, 2021 second-draw loans | $2,945,248.15 |
| Modeled fee per loan | $4,812.09 |
| Rank by modeled fees | 396 of 4,688 originating lenders |
Named in the archive
2 pages in the archive carry this name in a title or description. The match is on the page title and description, not a finding about the lender's role in the case.
Data and method
Totals come from SBA's PPP loan-level file (FOIA release of 2024-09-30); ranks are among its 4,688 named originating lenders. Modeled fees are computed loan by loan from SBA's published fee schedule, because SBA never published what it paid each lender. Jobs are self-reported; dollars are approved, not disbursed; the totals leave out 39 source rows. The per-lender totals page has the full method.