States › Louisiana
State0.7% of US approvals165 lenders active
SBA loans in Louisiana
7(a) and 504 approvals by fiscal year, the lenders behind them, and where in the state they went. Pick a fiscal year for that year's lenders and counties.
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 2,452 small business loans in Louisiana in FY2021 to FY2025: 2,333 under the 7(a) program and 119 under 504, worth $1.61bn together.
That is 22.6 approvals for every 1,000 business establishments in the state, against 41.0 nationally, and 0.7% of all approvals in the country (34th of 54 states and territories).
In FY2025 there were 642 approvals totalling $377M, up 8% on FY2024. The median 7(a) approval over the five years was $250K and the median 504 approval $588K.
165 lenders had at least one approval in the state; by number of 7(a) approvals the most active were American Bank (191), Newtek Bank, National Association (172) and Northeast Bank (151).
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, SBA records 8.2% as charged off, against 6.6% nationally.
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.
Most active 7(a) lenders in Louisiana
Ranked by number of approvals to businesses in the state, FY2021–FY2025. The column of bars shows each lender's approvals here in every fiscal year; the charged-off column is the lender's nationwide figure.
| # | Lender | Approvals in LA, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | American BankCovington, LA | 191 | $122M | 8.2% | $327K | — | |
| 2 | Newtek Bank, National AssociationMiami, FL | 172 | $66.0M | 7.4% | $225K | — | |
| 3 | Northeast BankLewiston, ME | 151 | $19.8M | 6.5% | $106K | 12.8% | |
| 4 | The Huntington National BankColumbus, OH | 126 | $50.6M | 5.4% | $92K | 5.7% | |
| 5 | b1BANKBaton Rouge, LA | 119 | $80.2M | 5.1% | $375K | 12.9% | |
| 6 | Hancock Whitney BankGulfport, MS | 112 | $59.2M | 4.8% | $385K | 2.9% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 89 | $33.3M | 3.8% | $138K | 4.3% | |
| 8 | JPMorgan Chase Bank, National AssociationColumbus, OH | 87 | $18.3M | 3.7% | $200K | 7.4% | |
| 9 | BayFirst National BankSaint Petersburg, FL | 84 | $14.6M | 3.6% | $150K | 19.2% | |
| 10 | Fidelity BankMandeville, LA | 72 | $25.2M | 3.1% | $139K | 4.3% | |
| 11 | Gulf Coast BankAbbeville, LA | 71 | $52.2M | 3.0% | $425K | 6.4% | |
| 12 | Live Oak Banking CompanyWilmington, NC | 69 | $109M | 3.0% | $850K | 2.2% | |
| 13 | Newtek Small Business Finance, Inc.Lake Success, NY | 60 | $39.9M | 2.6% | $300K | 6.8% | |
| 14 | First Financial BankEl Dorado, AR | 46 | $78.6M | 2.0% | $925K | 4.3% | |
| 15 | Celtic Bank CorporationSalt Lake City, UT | 45 | $25.3M | 1.9% | $150K | 17.0% | |
| 16 | United Midwest Savings Bank National AssociationDe Graff, OH | 42 | $15.2M | 1.8% | $150K | 15.9% | |
| 17 | Carter FCUSpringhill, LA | 31 | $12.0M | 1.3% | $122K | — | |
| 18 | Planters Bank and Trust CompanyIndianola, MS | 30 | $2.2M | 1.3% | $50K | — | |
| 19 | Citizens BankElizabethton, TN | 29 | $22.2M | 1.2% | $495K | 5.4% | |
| 20 | Regions BankBirmingham, AL | 27 | $22.7M | 1.2% | $527K | 4.7% | |
| 21 | Byline BankChicago, IL | 26 | $30.9M | 1.1% | $806K | 9.5% | |
| 22 | Gulf Coast Bank and Trust CompanyNew Orleans, LA | 26 | $25.1M | 1.1% | $623K | 6.4% | |
| 23 | Red River BankAlexandria, LA | 26 | $8.9M | 1.1% | $189K | 1.9% | |
| 24 | BankFirst Financial ServicesColumbus, MS | 26 | $7.7M | 1.1% | $185K | 6.8% | |
| 25 | Essential Credit UnionBaton Rouge, LA | 25 | $1.4M | 1.1% | $30K | 2.4% | |
| 26 | Peoples BankMendenhall, MS | 24 | $51.9M | 1.0% | $322K | 8.3% | |
| 27 | Home Bank, National AssociationLafayette, LA | 21 | $18.7M | 0.9% | $1.0M | 3.0% | |
| 28 | Lendistry SBLC, LLCLos Angeles, CA | 21 | $4.0M | 0.9% | $150K | 22.7% | |
| 29 | First Bank of the LakeOsage Beach, MO | 20 | $20.1M | 0.9% | $350K | 2.7% | |
| 30 | First Guaranty BankHammond, LA | 20 | $8.7M | 0.9% | $300K | 4.6% | |
| 31 | First Horizon BankMemphis, TN | 19 | $21.1M | 0.8% | $837K | 2.8% | |
| 32 | Gibsland Bank & Trust CompanyGibsland, LA | 19 | $6.8M | 0.8% | $210K | 4.7% | |
| 33 | Rayne State Bank & Trust CompanyRayne, LA | 16 | $14.6M | 0.7% | $608K | 6.3% | |
| 34 | Colony BankFitzgerald, GA | 14 | $7.1M | 0.6% | $150K | 7.0% | |
| 35 | South Louisiana BankHouma, LA | 14 | $2.6M | 0.6% | $100K | 7.7% | |
| 36 | First Internet Bank of IndianaFishers, IN | 11 | $15.3M | 0.5% | $895K | 5.3% | |
| 37 | Wells Fargo Bank National AssociationSioux Falls, SD | 11 | $5.6M | 0.5% | $15K | 7.9% | |
| 38 | Stearns Bank National AssociationSaint Cloud, MN | 10 | $3.3M | 0.4% | $266K | 9.9% | |
| 39 | Bonvenu Bank NABossier City, LA | 10 | $2.2M | 0.4% | $160K | — | |
| 40 | SouthState Bank, National AssociationWinter Haven, FL | 9 | $7.2M | 0.4% | $350K | 2.8% |
504 certified development companies
| # | Lender | Approvals in LA, FY2021–25 | Dollars | Share | Median approval, all states | FY2016–26 | Charged off, FY2010–21 loans |
|---|---|---|---|---|---|---|---|
| 1 | Louisiana Capital Certified Development Company, Inc.Lafayette, LA · 504 CDC | 49 | $34.9M | 41.2% | $438K | 1.8% | |
| 2 | Community Certified Development CorporationHouston, TX · 504 CDC | 29 | $32.1M | 24.4% | $925K | 1.4% | |
| 3 | JEDCO Development CorporationAvondale, LA · 504 CDC | 24 | $30.4M | 20.2% | $918K | — | |
| 4 | New Orleans Regional Business Development Loan CorporationNew Orleans, LA · 504 CDC | 8 | $9.3M | 6.7% | $1.2M | 2.9% | |
| 5 | Florida Business Development CorporationTampa, FL · 504 CDC | 3 | $1.4M | 2.5% | $597K | 1.2% | |
| 6 | Independent Development Services CorporationFort Myers, FL · 504 CDC | 2 | — | 1.7% | $1.4M | 0.7% | |
| 7 | Southern Development CouncilMountain Brook, AL · 504 CDC | 2 | — | 1.7% | $665K | 3.7% | |
| 8 | Capital Certified Development CorporationAustin, TX · 504 CDC | 1 | — | 0.8% | $933K | 1.3% |
Fiscal-year ledger
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 283 | $159M | $243K | 16 | $22.9M | 299 | 3,311 |
| FY2025 | 624 | $349M | $234K | 18 | $28.0M | 642 | 8,012 |
| FY2024 | 579 | $334M | $179K | 17 | $26.7M | 596 | 6,430 |
| FY2023 | 429 | $245M | $195K | 15 | $13.5M | 444 | 5,486 |
| FY2022 | 350 | $278M | $339K | 27 | $24.2M | 377 | 5,269 |
| FY2021 | 351 | $281M | $368K | 42 | $26.3M | 393 | 5,137 |
| FY2020 | 286 | $189M | $256K | 32 | $18.6M | 318 | 3,798 |
| FY2019 | 358 | $210M | $243K | 26 | $13.6M | 384 | 5,427 |
| FY2018 | 472 | $315M | $200K | 25 | $13.2M | 497 | 6,742 |
| FY2017 | 363 | $176M | $200K | 25 | $18.4M | 388 | 4,238 |
| FY2016 | 384 | $175M | $201K | 19 | $16.8M | 403 | 4,821 |
7(a) approvals504 approvals
Counties
Approvals in FY2021–FY2025 set against the Census Bureau's count of business establishments. Counties with at least 30 approvals have their own page.
| # | County | Approvals | Dollars | Establishments | Per 1,000 establishments | By fiscal year |
|---|---|---|---|---|---|---|
| 1 | Jefferson Parish | 297 | $172M | 11,728 | 25.3 | |
| 2 | East Baton Rouge Parish | 294 | $187M | 12,542 | 23.4 | |
| 3 | Orleans Parish | 261 | $146M | 10,027 | 26.0 | |
| 4 | Lafayette Parish | 241 | $178M | 8,844 | 27.3 | |
| 5 | St. Tammany Parish | 236 | $135M | 7,101 | 33.2 | |
| 6 | Caddo Parish | 128 | $78.8M | 6,086 | 21.0 | |
| 7 | Calcasieu Parish | 111 | $85.6M | 4,705 | 23.6 | |
| 8 | Ascension Parish | 100 | $49.4M | 2,626 | 38.1 | |
| 9 | Tangipahoa Parish | 65 | $39.3M | 2,617 | 24.8 | |
| 10 | Livingston Parish | 61 | $34.8M | 2,104 | 29.0 | |
| 11 | Ouachita Parish | 57 | $32.4M | 4,181 | 13.6 | |
| 12 | Bossier Parish | 49 | $30.5M | 2,649 | 18.5 | |
| 13 | Terrebonne Parish | 47 | $38.3M | 2,598 | 18.1 | |
| 14 | Rapides Parish | 39 | $28.3M | 3,172 | 12.3 | |
| 15 | Iberia Parish | 38 | $31.4M | 1,451 | 26.2 | |
| 16 | St. Martin Parish | 34 | $26.3M | 911 | 37.3 | |
| 17 | Vermilion Parish | 29 | $17.1M | 969 | 29.9 | |
| 18 | St. Landry Parish | 29 | $21.6M | 1,559 | 18.6 | |
| 19 | Lincoln Parish | 22 | $24.3M | 1,155 | 19.0 | |
| 20 | St. Bernard Parish | 18 | $9.1M | 705 | 25.5 | |
| 21 | Union Parish | 18 | $30.5M | 365 | 49.3 | |
| 22 | Lafourche Parish | 17 | $15.7M | 1,685 | 10.1 | |
| 23 | St. John the Baptist Parish | 16 | $4.6M | 658 | 24.3 | |
| 24 | Acadia Parish | 15 | $12.6M | 1,150 | 13.0 | |
| 25 | St. Charles Parish | 15 | $16.8M | 1,032 | 14.5 | |
| 26 | St. Mary Parish | 14 | $15.0M | 1,083 | 12.9 | |
| 27 | Plaquemines Parish | 14 | $9.9M | 644 | 21.7 | |
| 28 | Pointe Coupee Parish | 14 | $6.3M | 363 | 38.6 | |
| 29 | Natchitoches Parish | 14 | $11.2M | 835 | 16.8 | |
| 30 | Webster Parish | 12 | $10.4M | 772 | 15.5 | |
| 31 | West Baton Rouge Parish | 12 | $10.2M | 594 | 20.2 | |
| 32 | Beauregard Parish | 10 | $6.0M | 643 | 15.6 | |
| 33 | Iberville Parish | 10 | $8.2M | 539 | 18.6 | |
| 34 | De Soto Parish | 10 | $4.0M | 458 | 21.8 | |
| 35 | Sabine Parish | 10 | $5.6M | 476 | 21.0 | |
| 36 | Washington Parish | 9 | $4.4M | 655 | 13.7 | |
| 37 | Franklin Parish | 9 | $3.2M | 408 | 22.1 | |
| 38 | Jefferson Davis Parish | 8 | $4.0M | 633 | 12.6 | |
| 39 | Claiborne Parish | 7 | $13.8M | 193 | 36.3 | |
| 40 | Vernon Parish | 6 | $8.7M | 662 | 9.1 | |
| 41 | St. Helena Parish | 6 | $1.8M | 121 | 49.6 | |
| 42 | Caldwell Parish | 6 | $1.3M | 184 | 32.6 | |
| 43 | Evangeline Parish | 5 | $2.9M | 494 | 10.1 | |
| 44 | Bienville Parish | 5 | $6.5M | 209 | 23.9 | |
| 45 | Morehouse Parish | 4 | $5.1M | 439 | 9.1 | |
| 46 | Assumption Parish | 3 | $619K | 249 | 12.0 | |
| 47 | Jackson Parish | 3 | $695K | 253 | 11.9 | |
| 48 | Allen Parish | 3 | $1.3M | 310 | 9.7 | |
| 49 | Avoyelles Parish | 3 | $752K | 692 | 4.3 | |
| 50 | Red River Parish | 3 | $2.7M | 129 | 23.3 | |
| 51 | East Feliciana Parish | 3 | $4.6M | 242 | 12.4 | |
| 52 | Grant Parish | 2 | — | 198 | 10.1 | |
| 53 | LaSalle Parish | 2 | — | 377 | 5.3 | |
| 54 | Richland Parish | 1 | — | 414 | 2.4 | |
| 55 | Tensas Parish | 1 | — | 69 | 14.5 | |
| 56 | West Feliciana Parish | 1 | — | 209 | 4.8 | |
| 57 | Concordia Parish | 1 | — | 363 | 2.8 | |
| 58 | East Carroll Parish | 1 | — | 102 | 9.8 | |
| 59 | St. James Parish | 1 | — | 339 | 2.9 | |
| 60 | Winn Parish | 1 | — | 262 | 3.8 | |
| 61 | Catahoula Parish | 1 | — | 175 | 5.7 |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 259 | $156M | 10.6% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 90 | $36.6M | 3.7% | |
| 3 | Traveler AccommodationNAICS 7211 | 83 | $218M | 3.4% | |
| 4 | Personal Care ServicesNAICS 8121 | 80 | $13.9M | 3.3% | |
| 5 | Other Amusement and Recreation IndustriesNAICS 7139 | 76 | $67.2M | 3.1% | |
| 6 | Services to Buildings and DwellingsNAICS 5617 | 68 | $25.6M | 2.8% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 67 | $31.2M | 2.7% | |
| 8 | Automotive Repair and MaintenanceNAICS 8111 | 62 | $39.1M | 2.5% | |
| 9 | Other Specialty Trade ContractorsNAICS 2389 | 57 | $38.0M | 2.3% | |
| 10 | General Freight TruckingNAICS 4841 | 48 | $14.3M | 2.0% | |
| 11 | Residential Building ConstructionNAICS 2361 | 47 | $10.7M | 1.9% | |
| 12 | Child Day Care ServicesNAICS 6244 | 43 | $23.3M | 1.8% | |
| 13 | Foundation, Structure, and Building Exterior ContractorsNAICS 2381 | 42 | $18.7M | 1.7% | |
| 14 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 40 | $27.5M | 1.6% | |
| 15 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 39 | $33.2M | 1.6% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Accommodation and Food Services | 393 | 16.0% | |
| 2 | Construction | 310 | 12.6% | |
| 3 | Retail Trade | 280 | 11.4% | |
| 4 | Health Care and Social Assistance | 267 | 10.9% | |
| 5 | Other Services (except Public Administration) | 223 | 9.1% | |
| 6 | Professional, Scientific, and Technical Services | 180 | 7.3% | |
| 7 | Manufacturing | 126 | 5.1% | |
| 8 | Administrative and Support and Waste Management and Remediation Services | 122 | 5.0% | |
| 9 | Transportation and Warehousing | 110 | 4.5% | |
| 10 | Arts, Entertainment, and Recreation | 97 | 4.0% |
Franchise brands
| # | Brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | PJ's Coffee of New Orleans | 7 | 0.3% | |
| 2 | Hotworx | 7 | 0.3% | |
| 3 | Comfort Suites by Choice Hotels | 6 | 0.2% | |
| 4 | Days Inn | 6 | 0.2% | |
| 5 | Domino's Pizza | 6 | 0.2% | |
| 6 | Firehouse Subs | 6 | 0.2% | |
| 7 | Tropical Smoothie Cafe | 6 | 0.2% | |
| 8 | Best Western | 5 | 0.2% | |
| 9 | Quality Inn | 5 | 0.2% | |
| 10 | La Quinta by Wyndham | 5 | 0.2% |
How earlier loans turned out
| Loans approved FY2010–FY2021 | LA 7(a) | US 7(a) | LA 504 | US 504 |
|---|---|---|---|---|
| Approvals in these years | 4,971 | 639,905 | 351 | 85,591 |
| Cancelled or never disbursed | 604 | 79,313 | 48 | 12,514 |
| Disbursed loans | 4,367 | 560,592 | 303 | 73,077 |
| Paid in full | 3,182 | 435,813 | 145 | 35,491 |
| Charged off | 357 | 36,891 | 4 | 905 |
| Still outstanding (status exempt from disclosure) | 828 | 87,888 | 154 | 36,681 |
| Charged off, share of disbursed loans | 8.2% | 6.6% | 1.3% | 1.2% |
| Dollars charged off, share of disbursed dollars | 3.5% | 2.5% | 0.9% | 0.9% |
| Dollars charged off | $67.7M | $5.70bn | $1.8M | $499M |
Approval sizes
- $50,000 or less14.3%350
- $50,001 to $150,00025.2%619
- $150,001 to $350,00020.5%503
- $350,001 to $1 million21.7%533
- $1 million to $2 million9.5%232
- Over $2 million8.8%215
Age of the businesses
- Existing, more than 2 years old52.2%1,279
- New business, 2 years or less13.6%334
- Startup, loan funds will open the business22.4%549
- Change of ownership11.7%287
- Not answered0.1%3
Against the country
| FY2021–FY2025 | Louisiana | United States |
|---|---|---|
| Approvals per 1,000 establishments | 22.6 | 41.0 |
| Median 7(a) approval | $250K | $190K |
| Median 504 approval | $588K | $657K |
| 504 share of approvals | 4.9% | 11.0% |
| Jobs supported per approval, as reported | 12.4 | 10.5 |
| Approvals, change on FY2016–FY2020 | 23% | 10% |
Questions and answers
Which lenders make the most SBA loans in Louisiana?
By 7(a) approvals in FY2021 to FY2025: American Bank (191), Newtek Bank, National Association (172), Northeast Bank (151), The Huntington National Bank (126), b1BANK (119). For 504 loans: Louisiana Capital Certified Development Company, Inc. (49), Community Certified Development Corporation (29), JEDCO Development Corporation (24). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Louisiana?
The median 7(a) approval was $250K and the median 504 approval $588K; the average across both programs was $655K.
Which industries get the most SBA loans in Louisiana?
Restaurants and Other Eating Places (259); Offices of Other Health Practitioners (90); Traveler Accommodation (83); Personal Care Services (80); Other Amusement and Recreation Industries (76).
Which Louisiana counties receive the most SBA loans?
Jefferson Parish (297), East Baton Rouge Parish (294), Orleans Parish (261), Lafayette Parish (241), St. Tammany Parish (236), by approvals in FY2021 to FY2025.
Is SBA lending in Louisiana rising?
Approvals in the three latest complete fiscal years total 1,682, against 1,088 in the three before: rising (+55%).
What share of SBA loans in Louisiana are charged off?
Of 7(a) loans approved in FY2010 to FY2021 and disbursed, 8.2% are recorded as charged off (national: 6.6%); for 504 loans the figure is 1.3% (national: 1.2%). Newer loans are left out because most have not had time to reach either outcome.
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