Ponce, PR — PPP Loan Data
2,559 loans · $102.3M total · 98.4% forgiven
Ponce, Puerto Rico received 2,559 Paycheck Protection Program loans totaling $102.3M. The average loan in the city was $39,974 — below the national program average of approximately $67,000.
98.4% of loans in Ponce — totaling $100.5M — 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 Ponce were SAINT LUKE'S MEMORIAL HOSPITAL ($7,560,909), MED CENTRO INC. ($3,523,500), and INDIVIDUAL MANAGEMENT AND CONSULTANT INC ($2,315,200).
The most active industry sector in Ponce was Offices of Physicians with 400 loans worth $11.1M, followed by Legal Services (175 loans).
Applicants in Ponce reported retaining 23,155 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.
Ponce 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 Ponce
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Offices of PhysiciansNAICS 6211 | 400 | $11.1M | 98.5% |
| Legal ServicesNAICS 5411 | 175 | $2.8M | 99.4% |
| Accommodation and Food ServicesNAICS 7225 | 126 | $2.4M | 96.8% |
| Accounting, Tax Preparation, Bookkeeping, and Payroll ServicesNAICS 5412 | 109 | $1.6M | 100.0% |
| Offices of Other Health PractitionersNAICS 6213 | 68 | $1.2M | 100.0% |
| Personal Care ServicesNAICS 8121 | 63 | $474,956 | 96.8% |
| Offices of DentistsNAICS 6212 | 59 | $1.5M | 100.0% |
| Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 57 | $883,582 | 98.2% |
| Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 54 | $3.7M | 100.0% |
| Other Professional, Scientific, and Technical ServicesNAICS 5419 | 51 | $583,436 | 100.0% |
Largest Named Recipients in Ponce
Only loans ≥ $150,000 have publicly disclosed borrower names.