Lenders › Gulf Coast Bank
7(a) lenderAbbeville, LouisianaFDIC-insured bank375th of 2,184 by approvals
Gulf Coast Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
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.
In FY2021 to FY2025 SBA approved 78 7(a) loans, worth $57.6M, through Gulf Coast Bank of Abbeville, Louisiana, an FDIC-insured bank in the SBA 7(a) program. By number of approvals that is 375th among 2,184 active 7(a) lenders.
In FY2025, the latest complete fiscal year, it had 10 approvals totalling $6.4M, down 17% on FY2024 (12). FY2026 to 30 Jun 2026 adds 4 more.
The median approval was $425K, against $190K for the 7(a) program as a whole; 21.8% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 4 states and territories and 14 counties, led by Louisiana (91.0%), Texas (6.4%) and Alabama (1.3%). The largest industry group was accommodation and food services at 24.4% of approvals, and 33.3% of approvals were to franchise businesses.
Of 156 disbursed loans approved in FY2010 to FY2021, SBA records 10 as charged off (6.4%), 112 as paid in full and 34 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it.
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. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 4 | $2.2M | $568K | $559K | 64 |
| FY2025 | 10 | $6.4M | $382K | $637K | 196 |
| FY2024 | 12 | $12.2M | $433K | $1.0M | 312 |
| FY2023 | 12 | $7.0M | $425K | $585K | 296 |
| FY2022 | 25 | $19.8M | $450K | $791K | 568 |
| FY2021 | 19 | $12.2M | $394K | $641K | 252 |
| FY2020 | 14 | $4.2M | $247K | $298K | 80 |
| FY2019 | 16 | $7.3M | $325K | $455K | 195 |
| FY2018 | 13 | $5.0M | $412K | $383K | 230 |
| FY2017 | 7 | $2.9M | $230K | $418K | 146 |
| FY2016 | 8 | $4.8M | $448K | $598K | 76 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 58 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Louisiana | 7(a) program |
|---|---|---|---|
| Approvals in these years | 182 | 4,971 | 639,905 |
| Cancelled or never disbursed | 26 | 604 | 79,313 |
| Disbursed loans | 156 | 4,367 | 560,592 |
| Paid in full | 112 | 3,182 | 435,813 |
| Charged off | 10 | 357 | 36,891 |
| Still outstanding (status exempt from disclosure) | 34 | 828 | 87,888 |
| Charged off, share of disbursed loans | 6.4% | 8.2% | 6.6% |
| Dollars charged off, share of disbursed dollars | 3.7% | 3.5% | 2.5% |
| Dollars charged off | $2.2M | $67.7M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 18 | 6 | 0 | — | 2.8% |
| FY2020 | 14 | 3 | 1 | — | 4.0% |
| FY2019 | 16 | 10 | 1 | — | 6.7% |
| FY2018 | 12 | 9 | 0 | — | 7.9% |
| FY2017 | 6 | 5 | 0 | — | 7.7% |
| FY2016 | 8 | 6 | 1 | — | 7.2% |
| FY2015 | 11 | 10 | 0 | — | 6.9% |
| FY2014 | 18 | 17 | 1 | — | 6.4% |
| FY2013 | 15 | 13 | 2 | — | 6.0% |
| FY2012 | 16 | 13 | 2 | — | 6.3% |
| FY2011 | 10 | 9 | 1 | — | 6.9% |
| FY2010 | 12 | 11 | 1 | — | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $425K | $190K |
| Average approval | $738K | $518K |
| Approvals of $150,000 or less | 21.8% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 43.6% | 34.3% |
| Approvals to franchise businesses | 33.3% | 11.5% |
| Jobs supported per approval, as reported | 20.8 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 6.4% | 6.6% |
States served
| # | State of the business (4 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Louisiana | 71 | $52.2M | 91.0% | |
| 2 | Texas | 5 | $2.9M | 6.4% | |
| 3 | Alabama | 1 | — | 1.3% | |
| 4 | Massachusetts | 1 | — | 1.3% |
In Louisiana the lender accounts for 3.0% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (14 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Lafayette Parish, LA | 45 | $38.8M | 57.7% | |
| 2 | Vermilion Parish, LA | 8 | $2.4M | 10.3% | |
| 3 | St. Martin Parish, LA | 6 | $4.0M | 7.7% | |
| 4 | Harris County, TX | 4 | $2.5M | 5.1% | |
| 5 | Calcasieu Parish, LA | 3 | $1.2M | 3.8% | |
| 6 | Iberia Parish, LA | 2 | — | 2.6% | |
| 7 | East Baton Rouge Parish, LA | 2 | — | 2.6% | |
| 8 | Ascension Parish, LA | 2 | — | 2.6% | |
| 9 | Mobile County, AL | 1 | — | 1.3% | |
| 10 | Caddo Parish, LA | 1 | — | 1.3% | |
| 11 | Essex County, MA | 1 | — | 1.3% | |
| 12 | Bowie County, TX | 1 | — | 1.3% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 19 | 24.4% | |
| 2 | Retail Trade | 9 | 11.5% | |
| 3 | Health Care and Social Assistance | 9 | 11.5% | |
| 4 | Construction | 6 | 7.7% | |
| 5 | Transportation and Warehousing | 6 | 7.7% | |
| 6 | Manufacturing | 5 | 6.4% | |
| 7 | Professional, Scientific, and Technical Services | 5 | 6.4% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 4 | 5.1% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 13 | 16.7% | |
| 2 | Building Equipment ContractorsNAICS 2382 | 5 | 6.4% | |
| 3 | Other Schools and InstructionNAICS 6116 | 4 | 5.1% | |
| 4 | Offices of Other Health PractitionersNAICS 6213 | 4 | 5.1% | |
| 5 | Drinking Places (Alcoholic Beverages)NAICS 7224 | 4 | 5.1% | |
| 6 | Child Day Care ServicesNAICS 6244 | 3 | 3.8% | |
| 7 | Other Amusement and Recreation IndustriesNAICS 7139 | 3 | 3.8% | |
| 8 | Traveler AccommodationNAICS 7211 | 2 | 2.6% | |
| 9 | Computer Systems Design and Related ServicesNAICS 5415 | 2 | 2.6% | |
| 10 | Specialty Food StoresNAICS 4452 | 2 | 2.6% |
Approval sizes
- $50,001 to $150,00021.8%17
- $150,001 to $350,00021.8%17
- $350,001 to $1 million35.9%28
- $1 million to $2 million14.1%11
- Over $2 million6.4%5
Loan terms
- 5 years or less10.3%8
- Over 5 to 10 years44.9%35
- Over 10 to 20 years35.9%28
- Over 20 years9.0%7
Age of the businesses
- Existing, more than 2 years old30.8%24
- New business, 2 years or less7.7%6
- Startup, loan funds will open the business35.9%28
- Change of ownership25.6%20
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | 7a General | 54 | 69.2% | |
| 2 | Preferred Lenders Program | 17 | 21.8% | |
| 3 | Working Capital CAPLine | 4 | 5.1% | |
| 4 | 7a with EWCP | 1 | 1.3% | |
| 5 | Contract CAPLine | 1 | 1.3% | |
| 6 | SBA Express Program | 1 | 1.3% |
Franchise share
26 of 78 approvals in FY2021–FY2025 (33.3%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Crust Pizza Co | 5 | 6.4% | |
| 2 | College Hunks Hauling Junk, College Hunks Moving, College Hunks Hauling Junk & Moving | 2 | 2.6% | |
| 3 | Tropical Smoothie Cafe | 2 | 2.6% | |
| 4 | TruGreen | 2 | 2.6% | |
| 5 | Batteries Plus | 2 | 2.6% | |
| 6 | Baskin-Robbins | 2 | 2.6% | |
| 7 | Candlewood Suites | 1 | 1.3% | |
| 8 | Sleep Inn | 1 | 1.3% |
Questions and answers
How many SBA loans does Gulf Coast Bank make?
SBA approved 10 7(a) loans through Gulf Coast Bank in FY2025, worth $6.4M, and 78 over FY2021 to FY2025. That ranks 375th of 2,184 active 7(a) lenders by number of approvals.
How large are Gulf Coast Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $425K and the average $738K. The program-wide median was $190K.
What is Gulf Coast Bank's charge-off rate?
Of 156 disbursed loans approved in FY2010 to FY2021, SBA records 10 as charged off (6.4%), 112 as paid in full and 34 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is close to it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Gulf Coast Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (13); building equipment contractors (5); other schools and instruction (4); offices of other health practitioners (4).
Where does Gulf Coast Bank make SBA loans?
In 4 states and territories. Louisiana 71, Texas 5, Alabama 1, Massachusetts 1. In Louisiana it accounts for 3.0% of all 7(a) approvals.
Is Gulf Coast Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 34, against 58 in the three before: falling (-41%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
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. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error