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County8th of 61 in Louisiana by approvalsFIPS 22005
SBA loans in Ascension Parish, Louisiana
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 100 loans to businesses in Ascension Parish, Louisiana, in FY2021 to FY2025, worth $49.4M: 99 under 7(a) and 1 under 504.
That is 38.1 approvals per 1,000 business establishments (2,626 establishments in 2023), above the Louisiana figure of 22.6 and close to the national 41.0.
It ranks 8th of 61 Louisiana counties with approvals. In FY2025 there were 27, up 17% on FY2024.
32 lenders had approvals here; the most active were b1BANK (19), American Bank (12) and BankFirst Financial Services (7). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Ascension Parish
By number of approvals to businesses in the county, FY2021–FY2025; 32 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | b1BANKBaton Rouge, LA | 19 | $10.6M | 19.0% | |
| 2 | American BankCovington, LA | 12 | $9.1M | 12.0% | |
| 3 | BankFirst Financial ServicesColumbus, MS | 7 | $2.6M | 7.0% | |
| 4 | Hancock Whitney BankGulfport, MS | 6 | $2.1M | 6.0% | |
| 5 | The Huntington National BankColumbus, OH | 6 | $1.3M | 6.0% | |
| 6 | Northeast BankLewiston, ME | 5 | $1.2M | 5.0% | |
| 7 | JPMorgan Chase Bank, National AssociationColumbus, OH | 5 | $570K | 5.0% | |
| 8 | Essential Credit UnionBaton Rouge, LA | 5 | $304K | 5.0% | |
| 9 | Capital One National AssociationMcLean, VA | 4 | $8.5M | 4.0% | |
| 10 | Lendistry SBLC, LLCLos Angeles, CA | 3 | $565K | 3.0% | |
| 11 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $450K | 3.0% | |
| 12 | Newtek Small Business Finance, Inc.Lake Success, NY | 2 | — | 2.0% | |
| 13 | Gulf Coast BankAbbeville, LA | 2 | — | 2.0% | |
| 14 | Hanmi BankLos Angeles, CA | 2 | — | 2.0% | |
| 15 | Newtek Bank, National AssociationMiami, FL | 2 | — | 2.0% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 9 | 9.0% | |
| 2 | Other Specialty Trade ContractorsNAICS 2389 | 8 | 8.0% | |
| 3 | Services to Buildings and DwellingsNAICS 5617 | 7 | 7.0% | |
| 4 | Child Day Care ServicesNAICS 6244 | 6 | 6.0% | |
| 5 | Automotive Repair and MaintenanceNAICS 8111 | 5 | 5.0% | |
| 6 | Personal Care ServicesNAICS 8121 | 5 | 5.0% | |
| 7 | Professional and Commercial Equipment and Supplies Merchant WholesalersNAICS 4234 | 4 | 4.0% | |
| 8 | Health and Personal Care StoresNAICS 4461 | 4 | 4.0% | |
| 9 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 4 | 4.0% | |
| 10 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 4 | 4.0% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 18 | 18.0% | |
| 2 | Accommodation and Food Services | 15 | 15.0% | |
| 3 | Other Services (except Public Administration) | 13 | 13.0% | |
| 4 | Retail Trade | 11 | 11.0% | |
| 5 | Administrative and Support and Waste Management and Remediation Services | 11 | 11.0% | |
| 6 | Wholesale Trade | 7 | 7.0% | |
| 7 | Health Care and Social Assistance | 7 | 7.0% | |
| 8 | Transportation and Warehousing | 7 | 7.0% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 16 | $10.7M | $284K | 0 | — | 16 | 170 |
| FY2025 | 27 | $7.7M | $303K | 0 | — | 27 | 240 |
| FY2024 | 22 | $13.3M | $257K | 1 | — | 23 | 292 |
| FY2023 | 19 | $6.3M | $195K | 0 | — | 19 | 258 |
| FY2022 | 14 | $13.1M | $516K | 0 | — | 14 | 483 |
| FY2021 | 17 | $7.8M | $296K | 0 | — | 17 | 159 |
| FY2020 | 10 | $3.1M | $195K | 0 | — | 10 | 73 |
| FY2019 | 15 | $11.1M | $283K | 0 | — | 15 | 122 |
| FY2018 | 26 | $13.4M | $192K | 0 | — | 26 | 423 |
| FY2017 | 18 | $9.9M | $284K | 0 | — | 18 | 207 |
| FY2016 | 9 | $4.1M | $300K | 0 | — | 9 | 111 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 78 approvals.
Against Louisiana and the country
| FY2021–FY2025 | Ascension Parish | Louisiana | United States |
|---|---|---|---|
| Approvals | 100 | 2,452 | 342,825 |
| Approvals per 1,000 establishments | 38.1 | 22.6 | 41.0 |
| Median 7(a) approval | $270K | $250K | $190K |
| Median 504 approval | — | $588K | $657K |
| Average approval | $494K | $655K | $573K |
| 504 share of approvals | 1.0% | 4.9% | 11.0% |
| Jobs supported per approval, as reported | 14.3 | 12.4 | 10.5 |
| Share of state approvals | 4.1% | 100.0% | — |
Approval sizes
- $50,000 or less14.0%14
- $50,001 to $150,00023.0%23
- $150,001 to $350,00024.0%24
- $350,001 to $1 million26.0%26
- $1 million to $2 million8.0%8
- Over $2 million5.0%5
Age of the businesses
- Existing, more than 2 years old45.0%45
- New business, 2 years or less17.0%17
- Startup, loan funds will open the business24.0%24
- Change of ownership14.0%14
Questions and answers
Which lenders make the most SBA loans in Ascension Parish?
By approvals in FY2021 to FY2025: b1BANK (19), American Bank (12), BankFirst Financial Services (7), Hancock Whitney Bank (6), The Huntington National Bank (6). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Ascension Parish?
The median 7(a) approval was $270K; the Louisiana 7(a) median was $250K.
Which industries get the most SBA loans in Ascension Parish?
Restaurants and Other Eating Places (9); Other Specialty Trade Contractors (8); Services to Buildings and Dwellings (7); Child Day Care Services (6); Automotive Repair and Maintenance (5).
Is SBA lending in Ascension Parish rising?
Approvals in the three latest complete fiscal years total 69, against 41 in the three before: rising (+68%).
How does Ascension Parish compare with the rest of Louisiana?
38.1 approvals per 1,000 establishments against 22.6 statewide, and 100 of the state's 2,452 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error