 It was founded in 1974 and it is based in San Miguelito.Pan de Azúcar participated a number of times in ANAPROF, achieving 2 fourth-place finishes in 1993 and 1994 and a third place in 1995 before relegating to Primera A (now Liga Nacional de Ascenso) in 1999.Pan de Azúcar had to wait until 2003 to promote to ANAPROF, becoming the first team in Panamanian football history to promote after previously being relegated.