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County1st of 61 in Louisiana by approvalsFIPS 22051
SBA loans in Jefferson 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.
Businesses in Jefferson Parish, Louisiana, received 297 SBA loan approvals worth $172M in FY2021 to FY2025 (277 7(a), 20 504).
That is 25.3 approvals per 1,000 business establishments (11,728 establishments in 2023), close to the Louisiana figure of 22.6 and below the national 41.0.
It ranks 1st of 61 Louisiana counties with approvals. In FY2025 there were 94, up 9% on FY2024.
53 lenders had approvals here; the most active were Newtek Bank, National Association (34), Northeast Bank (31) and BayFirst National Bank (22). 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 Jefferson Parish
By number of approvals to businesses in the county, FY2021–FY2025; 53 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Newtek Bank, National AssociationMiami, FL | 34 | $18.6M | 11.4% | |
| 2 | Northeast BankLewiston, ME | 31 | $4.2M | 10.4% | |
| 3 | BayFirst National BankSaint Petersburg, FL | 22 | $3.1M | 7.4% | |
| 4 | Fidelity BankMandeville, LA | 18 | $4.3M | 6.1% | |
| 5 | JPMorgan Chase Bank, National AssociationColumbus, OH | 18 | $2.8M | 6.1% | |
| 6 | American BankCovington, LA | 16 | $18.9M | 5.4% | |
| 7 | Hancock Whitney BankGulfport, MS | 16 | $9.0M | 5.4% | |
| 8 | The Huntington National BankColumbus, OH | 13 | $2.5M | 4.4% | |
| 9 | JEDCO Development CorporationAvondale, LA · CDC | 11 | $8.3M | 3.7% | |
| 10 | Readycap Lending, LLCBerkeley Heights, NJ | 11 | $2.3M | 3.7% | |
| 11 | United Midwest Savings Bank National AssociationDe Graff, OH | 8 | $2.3M | 2.7% | |
| 12 | Byline BankChicago, IL | 7 | $13.2M | 2.4% | |
| 13 | b1BANKBaton Rouge, LA | 7 | $10.4M | 2.4% | |
| 14 | Newtek Small Business Finance, Inc.Lake Success, NY | 7 | $4.9M | 2.4% | |
| 15 | Colony BankFitzgerald, GA | 7 | $939K | 2.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 26 | 8.8% | |
| 2 | Personal Care ServicesNAICS 8121 | 17 | 5.7% | |
| 3 | Other Amusement and Recreation IndustriesNAICS 7139 | 15 | 5.1% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 15 | 5.1% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 12 | 4.0% | |
| 6 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 10 | 3.4% | |
| 7 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 9 | 3.0% | |
| 8 | Building Equipment ContractorsNAICS 2382 | 9 | 3.0% | |
| 9 | Other Specialty Trade ContractorsNAICS 2389 | 8 | 2.7% | |
| 10 | Building Finishing ContractorsNAICS 2383 | 7 | 2.4% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Construction | 51 | 17.2% | |
| 2 | Health Care and Social Assistance | 37 | 12.5% | |
| 3 | Other Services (except Public Administration) | 36 | 12.1% | |
| 4 | Retail Trade | 32 | 10.8% | |
| 5 | Accommodation and Food Services | 29 | 9.8% | |
| 6 | Arts, Entertainment, and Recreation | 17 | 5.7% | |
| 7 | Professional, Scientific, and Technical Services | 17 | 5.7% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 17 | 5.7% |
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* | 34 | $19.1M | $150K | 3 | $7.2M | 37 | 449 |
| FY2025 | 91 | $41.0M | $175K | 3 | $2.0M | 94 | 1,503 |
| FY2024 | 83 | $48.0M | $150K | 3 | $4.4M | 86 | 845 |
| FY2023 | 60 | $30.4M | $150K | 2 | — | 62 | 514 |
| FY2022 | 22 | $14.9M | $379K | 5 | $6.8M | 27 | 469 |
| FY2021 | 21 | $18.6M | $368K | 7 | $5.0M | 28 | 279 |
| FY2020 | 22 | $13.4M | $345K | 3 | $2.6M | 25 | 326 |
| FY2019 | 38 | $16.5M | $200K | 4 | $1.3M | 42 | 468 |
| FY2018 | 58 | $27.5M | $150K | 6 | $2.8M | 64 | 1,118 |
| FY2017 | 37 | $13.3M | $150K | 3 | $5.3M | 40 | 399 |
| FY2016 | 57 | $18.8M | $150K | 1 | — | 58 | 618 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 229 approvals.
Against Louisiana and the country
| FY2021–FY2025 | Jefferson Parish | Louisiana | United States |
|---|---|---|---|
| Approvals | 297 | 2,452 | 342,825 |
| Approvals per 1,000 establishments | 25.3 | 22.6 | 41.0 |
| Median 7(a) approval | $175K | $250K | $190K |
| Median 504 approval | $594K | $588K | $657K |
| Average approval | $579K | $655K | $573K |
| 504 share of approvals | 6.7% | 4.9% | 11.0% |
| Jobs supported per approval, as reported | 12.2 | 12.4 | 10.5 |
| Share of state approvals | 12.1% | 100.0% | — |
Approval sizes
- $50,000 or less14.1%42
- $50,001 to $150,00032.3%96
- $150,001 to $350,00018.2%54
- $350,001 to $1 million20.2%60
- $1 million to $2 million7.4%22
- Over $2 million7.7%23
Age of the businesses
- Existing, more than 2 years old66.7%198
- New business, 2 years or less6.7%20
- Startup, loan funds will open the business14.8%44
- Change of ownership11.8%35
Questions and answers
Which lenders make the most SBA loans in Jefferson Parish?
By approvals in FY2021 to FY2025: Newtek Bank, National Association (34), Northeast Bank (31), BayFirst National Bank (22), Fidelity Bank (18), JPMorgan Chase Bank, National Association (18). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Jefferson Parish?
The median 7(a) approval was $175K and the median 504 approval $594K; the Louisiana 7(a) median was $250K.
Which industries get the most SBA loans in Jefferson Parish?
Restaurants and Other Eating Places (26); Personal Care Services (17); Other Amusement and Recreation Industries (15); Offices of Other Health Practitioners (15); Services to Buildings and Dwellings (12).
Is SBA lending in Jefferson Parish rising?
Approvals in the three latest complete fiscal years total 242, against 80 in the three before: rising (+203%).
How does Jefferson Parish compare with the rest of Louisiana?
25.3 approvals per 1,000 establishments against 22.6 statewide, and 297 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