Arecibo, PR — PPP Loan Data
1,427 loans · $45.1M total · 98.7% forgiven
Arecibo, Puerto Rico received 1,427 Paycheck Protection Program loans totaling $45.1M. The average loan in the city was $31,638 — below the national program average of approximately $67,000.
98.7% of loans in Arecibo — totaling $45.3M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.
Among the largest disclosed recipients in Arecibo were CABRERA GRUPO AUTOMOTRIZ LLC ($1,840,527), HOSPICIO LA PAZ INC. ($1,664,000), and HOSPICIO LA PAZ, INC. ($1,558,800).
The most active industry sector in Arecibo was Offices of Physicians with 142 loans worth $3.5M, followed by Accommodation and Food Services (69 loans).
Applicants in Arecibo reported retaining 11,938 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.
Arecibo is part of Puerto Rico, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.
Top Industries in Arecibo
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Offices of PhysiciansNAICS 6211 | 142 | $3.5M | 100.0% |
| Accommodation and Food ServicesNAICS 7225 | 69 | $1.3M | 100.0% |
| Legal ServicesNAICS 5411 | 68 | $937,402 | 98.5% |
| Other Professional, Scientific, and Technical ServicesNAICS 5419 | 62 | $516,433 | 100.0% |
| Personal Care ServicesNAICS 8121 | 47 | $255,417 | 97.9% |
| Offices of Other Health PractitionersNAICS 6213 | 40 | $592,194 | 97.5% |
| Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 35 | $422,416 | 100.0% |
| Health and Personal Care RetailersNAICS 4461 | 35 | $1.9M | 97.1% |
| Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 34 | $436,772 | 100.0% |
| Gasoline Stations and Fuel DealersNAICS 4471 | 32 | $346,303 | 100.0% |
Largest Named Recipients in Arecibo
Only loans ≥ $150,000 have publicly disclosed borrower names.