Caguas, PR — PPP Loan Data
3,480 loans · $173.8M total · 98.0% forgiven
Caguas, Puerto Rico received 3,480 Paycheck Protection Program loans totaling $173.8M. The average loan in the city was $49,953 — below the national program average of approximately $67,000.
98.0% of loans in Caguas — totaling $174.6M — 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 Caguas were CENTRO MEDICO DEL TURABO INC. ($10,000,000), MENTOR TECHNICAL GROUP CORP. ($4,347,000), and LABORATORIO CLINICO BORINQUEN INC ($3,645,000).
The most active industry sector in Caguas was Offices of Physicians with 316 loans worth $7.5M, followed by Accommodation and Food Services (189 loans).
Applicants in Caguas reported retaining 34,997 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.
Caguas 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 Caguas
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Offices of PhysiciansNAICS 6211 | 316 | $7.5M | 99.7% |
| Accommodation and Food ServicesNAICS 7225 | 189 | $13.5M | 97.9% |
| Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 127 | $1.8M | 99.2% |
| Other Professional, Scientific, and Technical ServicesNAICS 5419 | 124 | $2.4M | 94.4% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 121 | $3.6M | 90.9% |
| Legal ServicesNAICS 5411 | 112 | $1.2M | 99.1% |
| Personal Care ServicesNAICS 8121 | 108 | $635,911 | 99.1% |
| Automotive Repair and MaintenanceNAICS 8111 | 79 | $1.7M | 97.5% |
| Offices of Other Health PractitionersNAICS 6213 | 79 | $2.6M | 98.7% |
| Architectural, Engineering, and Related ServicesNAICS 5413 | 67 | $7.8M | 100.0% |
Largest Named Recipients in Caguas
Only loans ≥ $150,000 have publicly disclosed borrower names.