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County4th of 61 in Louisiana by approvalsFIPS 22055
SBA loans in Lafayette 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 241 loans to businesses in Lafayette Parish, Louisiana, in FY2021 to FY2025, worth $178M: 216 under 7(a) and 25 under 504.
That is 27.3 approvals per 1,000 business establishments (8,844 establishments in 2023), above the Louisiana figure of 22.6 and below the national 41.0.
It ranks 4th of 61 Louisiana counties with approvals. In FY2025 there were 47, down 8% on FY2024.
45 lenders had approvals here; the most active were Gulf Coast Bank (45), Louisiana Capital Certified Development Company, Inc. (24) and Northeast Bank (16). 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 Lafayette Parish
By number of approvals to businesses in the county, FY2021–FY2025; 45 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Gulf Coast BankAbbeville, LA | 45 | $38.8M | 18.7% | |
| 2 | Louisiana Capital Certified Development Company, Inc.Lafayette, LA · CDC | 24 | $13.1M | 10.0% | |
| 3 | Northeast BankLewiston, ME | 16 | $2.0M | 6.6% | |
| 4 | Newtek Bank, National AssociationMiami, FL | 14 | $2.3M | 5.8% | |
| 5 | Live Oak Banking CompanyWilmington, NC | 11 | $17.3M | 4.6% | |
| 6 | The Huntington National BankColumbus, OH | 10 | $4.3M | 4.1% | |
| 7 | Home Bank, National AssociationLafayette, LA | 9 | $8.7M | 3.7% | |
| 8 | Celtic Bank CorporationSalt Lake City, UT | 9 | $884K | 3.7% | |
| 9 | Hancock Whitney BankGulfport, MS | 8 | $3.6M | 3.3% | |
| 10 | b1BANKBaton Rouge, LA | 7 | $5.2M | 2.9% | |
| 11 | BayFirst National BankSaint Petersburg, FL | 7 | $1.3M | 2.9% | |
| 12 | JPMorgan Chase Bank, National AssociationColumbus, OH | 7 | $853K | 2.9% | |
| 13 | Readycap Lending, LLCBerkeley Heights, NJ | 7 | $443K | 2.9% | |
| 14 | Newtek Small Business Finance, Inc.Lake Success, NY | 6 | $2.5M | 2.5% | |
| 15 | Peoples BankMendenhall, MS | 5 | $12.1M | 2.1% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 19 | 7.9% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 19 | 7.9% | |
| 3 | Traveler AccommodationNAICS 7211 | 9 | 3.7% | |
| 4 | Other Amusement and Recreation IndustriesNAICS 7139 | 9 | 3.7% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 7 | 2.9% | |
| 6 | General Freight TruckingNAICS 4841 | 6 | 2.5% | |
| 7 | Other Schools and InstructionNAICS 6116 | 6 | 2.5% | |
| 8 | Other Personal ServicesNAICS 8129 | 6 | 2.5% | |
| 9 | Architectural, Engineering, and Related ServicesNAICS 5413 | 6 | 2.5% | |
| 10 | Support Activities for MiningNAICS 2131 | 5 | 2.1% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 34 | 14.1% | |
| 2 | Health Care and Social Assistance | 29 | 12.0% | |
| 3 | Retail Trade | 25 | 10.4% | |
| 4 | Construction | 22 | 9.1% | |
| 5 | Professional, Scientific, and Technical Services | 21 | 8.7% | |
| 6 | Other Services (except Public Administration) | 19 | 7.9% | |
| 7 | Manufacturing | 15 | 6.2% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 12 | 5.0% |
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* | 26 | $7.6M | $113K | 4 | $6.2M | 30 | 260 |
| FY2025 | 47 | $36.7M | $178K | 0 | — | 47 | 917 |
| FY2024 | 50 | $23.7M | $159K | 1 | — | 51 | 641 |
| FY2023 | 40 | $24.0M | $223K | 2 | — | 42 | 751 |
| FY2022 | 45 | $48.7M | $500K | 10 | $9.4M | 55 | 1,015 |
| FY2021 | 34 | $28.4M | $537K | 12 | $6.0M | 46 | 548 |
| FY2020 | 37 | $24.3M | $250K | 7 | $4.0M | 44 | 594 |
| FY2019 | 33 | $16.0M | $350K | 6 | $3.3M | 39 | 469 |
| FY2018 | 32 | $15.2M | $205K | 8 | $4.4M | 40 | 576 |
| FY2017 | 42 | $14.4M | $165K | 9 | $2.3M | 51 | 520 |
| FY2016 | 36 | $21.2M | $364K | 8 | $6.4M | 44 | 516 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 218 approvals.
Against Louisiana and the country
| FY2021–FY2025 | Lafayette Parish | Louisiana | United States |
|---|---|---|---|
| Approvals | 241 | 2,452 | 342,825 |
| Approvals per 1,000 establishments | 27.3 | 22.6 | 41.0 |
| Median 7(a) approval | $252K | $250K | $190K |
| Median 504 approval | $448K | $588K | $657K |
| Average approval | $737K | $655K | $573K |
| 504 share of approvals | 10.4% | 4.9% | 11.0% |
| Jobs supported per approval, as reported | 16.1 | 12.4 | 10.5 |
| Share of state approvals | 9.8% | 100.0% | — |
Approval sizes
- $50,000 or less10.8%26
- $50,001 to $150,00026.1%63
- $150,001 to $350,00018.7%45
- $350,001 to $1 million21.6%52
- $1 million to $2 million12.0%29
- Over $2 million10.8%26
Age of the businesses
- Existing, more than 2 years old49.8%120
- New business, 2 years or less12.0%29
- Startup, loan funds will open the business21.6%52
- Change of ownership16.2%39
- Not answered0.4%1
Questions and answers
Which lenders make the most SBA loans in Lafayette Parish?
By approvals in FY2021 to FY2025: Gulf Coast Bank (45), Louisiana Capital Certified Development Company, Inc. (24), Northeast Bank (16), Newtek Bank, National Association (14), Live Oak Banking Company (11). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Lafayette Parish?
The median 7(a) approval was $252K and the median 504 approval $448K; the Louisiana 7(a) median was $250K.
Which industries get the most SBA loans in Lafayette Parish?
Restaurants and Other Eating Places (19); Offices of Other Health Practitioners (19); Traveler Accommodation (9); Other Amusement and Recreation Industries (9); Services to Buildings and Dwellings (7).
Is SBA lending in Lafayette Parish rising?
Approvals in the three latest complete fiscal years total 140, against 145 in the three before: broadly level (-3%).
How does Lafayette Parish compare with the rest of Louisiana?
27.3 approvals per 1,000 establishments against 22.6 statewide, and 241 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