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County3rd of 61 in Louisiana by approvalsFIPS 22071
SBA loans in Orleans 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 Orleans Parish, Louisiana, received 261 SBA loan approvals worth $146M in FY2021 to FY2025 (252 7(a), 9 504).
That is 26.0 approvals per 1,000 business establishments (10,027 establishments in 2023), above the Louisiana figure of 22.6 and below the national 41.0.
It ranks 3rd of 61 Louisiana counties with approvals. In FY2025 there were 85, up 37% on FY2024.
47 lenders had approvals here; the most active were Newtek Bank, National Association (43), American Bank (32) and Northeast Bank (15). 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 Orleans Parish
By number of approvals to businesses in the county, FY2021–FY2025; 47 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Newtek Bank, National AssociationMiami, FL | 43 | $11.0M | 16.5% | |
| 2 | American BankCovington, LA | 32 | $22.8M | 12.3% | |
| 3 | Northeast BankLewiston, ME | 15 | $1.7M | 5.7% | |
| 4 | Live Oak Banking CompanyWilmington, NC | 14 | $17.6M | 5.4% | |
| 5 | Hancock Whitney BankGulfport, MS | 14 | $8.3M | 5.4% | |
| 6 | JPMorgan Chase Bank, National AssociationColumbus, OH | 14 | $3.1M | 5.4% | |
| 7 | b1BANKBaton Rouge, LA | 11 | $6.0M | 4.2% | |
| 8 | Fidelity BankMandeville, LA | 11 | $1.7M | 4.2% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 11 | $1.3M | 4.2% | |
| 10 | Newtek Small Business Finance, Inc.Lake Success, NY | 9 | $6.5M | 3.4% | |
| 11 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 8 | $7.6M | 3.1% | |
| 12 | The Huntington National BankColumbus, OH | 7 | $1.6M | 2.7% | |
| 13 | BayFirst National BankSaint Petersburg, FL | 6 | $615K | 2.3% | |
| 14 | Peoples BankMendenhall, MS | 4 | $8.5M | 1.5% | |
| 15 | Community Certified Development CorporationHouston, TX · CDC | 4 | $3.9M | 1.5% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 53 | 20.3% | |
| 2 | Personal Care ServicesNAICS 8121 | 15 | 5.7% | |
| 3 | Offices of DentistsNAICS 6212 | 11 | 4.2% | |
| 4 | Management, Scientific, and Technical Consulting ServicesNAICS 5416 | 9 | 3.4% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 7 | 2.7% | |
| 6 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 6 | 2.3% | |
| 7 | Specialty Food StoresNAICS 4452 | 6 | 2.3% | |
| 8 | Services to Buildings and DwellingsNAICS 5617 | 6 | 2.3% | |
| 9 | Traveler AccommodationNAICS 7211 | 5 | 1.9% | |
| 10 | Special Food ServicesNAICS 7223 | 5 | 1.9% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 65 | 24.9% | |
| 2 | Professional, Scientific, and Technical Services | 31 | 11.9% | |
| 3 | Retail Trade | 26 | 10.0% | |
| 4 | Health Care and Social Assistance | 25 | 9.6% | |
| 5 | Other Services (except Public Administration) | 23 | 8.8% | |
| 6 | Manufacturing | 17 | 6.5% | |
| 7 | Construction | 16 | 6.1% | |
| 8 | Arts, Entertainment, and Recreation | 13 | 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* | 30 | $8.8M | $121K | 2 | — | 32 | 199 |
| FY2025 | 84 | $37.0M | $161K | 1 | — | 85 | 920 |
| FY2024 | 60 | $33.7M | $150K | 2 | — | 62 | 704 |
| FY2023 | 45 | $28.2M | $240K | 2 | — | 47 | 427 |
| FY2022 | 34 | $20.5M | $260K | 1 | — | 35 | 359 |
| FY2021 | 29 | $18.2M | $365K | 3 | $2.0M | 32 | 299 |
| FY2020 | 34 | $27.3M | $315K | 5 | $3.8M | 39 | 585 |
| FY2019 | 50 | $37.6M | $188K | 2 | — | 52 | 922 |
| FY2018 | 42 | $25.6M | $233K | 3 | $1.8M | 45 | 764 |
| FY2017 | 45 | $14.9M | $150K | 2 | — | 47 | 579 |
| FY2016 | 43 | $18.1M | $200K | 1 | — | 44 | 824 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 227 approvals.
Against Louisiana and the country
| FY2021–FY2025 | Orleans Parish | Louisiana | United States |
|---|---|---|---|
| Approvals | 261 | 2,452 | 342,825 |
| Approvals per 1,000 establishments | 26.0 | 22.6 | 41.0 |
| Median 7(a) approval | $203K | $250K | $190K |
| Median 504 approval | $1.1M | $588K | $657K |
| Average approval | $561K | $655K | $573K |
| 504 share of approvals | 3.4% | 4.9% | 11.0% |
| Jobs supported per approval, as reported | 10.4 | 12.4 | 10.5 |
| Share of state approvals | 10.6% | 100.0% | — |
Approval sizes
- $50,000 or less14.6%38
- $50,001 to $150,00028.7%75
- $150,001 to $350,00021.8%57
- $350,001 to $1 million21.5%56
- $1 million to $2 million6.5%17
- Over $2 million6.9%18
Age of the businesses
- Existing, more than 2 years old54.8%143
- New business, 2 years or less16.5%43
- Startup, loan funds will open the business24.9%65
- Change of ownership3.8%10
Questions and answers
Which lenders make the most SBA loans in Orleans Parish?
By approvals in FY2021 to FY2025: Newtek Bank, National Association (43), American Bank (32), Northeast Bank (15), Live Oak Banking Company (14), Hancock Whitney Bank (14). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Orleans Parish?
The median 7(a) approval was $203K and the median 504 approval $1.1M; the Louisiana 7(a) median was $250K.
Which industries get the most SBA loans in Orleans Parish?
Restaurants and Other Eating Places (53); Personal Care Services (15); Offices of Dentists (11); Management, Scientific, and Technical Consulting Services (9); Other Amusement and Recreation Industries (7).
Is SBA lending in Orleans Parish rising?
Approvals in the three latest complete fiscal years total 194, against 106 in the three before: rising (+83%).
How does Orleans Parish compare with the rest of Louisiana?
26.0 approvals per 1,000 establishments against 22.6 statewide, and 261 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