FY20211 Oct 2020 – 30 Sep 2021
SBA loans in Louisiana, FY2021
That fiscal year's approvals by lender and by county.
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 (1 October 2020 to 30 September 2021) SBA approved 393 loans in Louisiana: 351 under 7(a) and 42 under 504, worth $307M.
That is up 24% on FY2020, when there were 318 approvals worth $208M.
Louisiana accounted for 0.6% of the 61,532 approvals nationwide that year. 81 lenders had at least one approval in the state; Fidelity Bank had the most, 29.
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.
Approvals by lender
The 40 lenders with the most approvals to Louisiana businesses in FY2021, of 81 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|---|
| 1 | Fidelity Bank | 7(a) | 29 | $9.1M | 7.4% | 23 | +6 |
| 2 | Louisiana Capital Certified Development Company, Inc. | 504 | 22 | $12.4M | 5.6% | 16 | +6 |
| 3 | b1BANK | 7(a) | 20 | $8.7M | 5.1% | 5 | +15 |
| 4 | Newtek Small Business Finance, Inc. | 7(a) | 19 | $14.6M | 4.8% | 6 | +13 |
| 5 | Gulf Coast Bank | 7(a) | 18 | $11.5M | 4.6% | 14 | +4 |
| 6 | The Huntington National Bank | 7(a) | 18 | $11.0M | 4.6% | 5 | +13 |
| 7 | Live Oak Banking Company | 7(a) | 16 | $26.0M | 4.1% | 6 | +10 |
| 8 | American Bank | 7(a) | 12 | $4.6M | 3.1% | 0 | new |
| 9 | Red River Bank | 7(a) | 12 | $3.3M | 3.1% | 8 | +4 |
| 10 | Hancock Whitney Bank | 7(a) | 11 | $6.4M | 2.8% | 12 | -1 |
| 11 | Citizens Bank | 7(a) | 10 | $7.2M | 2.5% | 4 | +6 |
| 12 | Gulf Coast Bank and Trust Company | 7(a) | 10 | $4.7M | 2.5% | 10 | 0 |
| 13 | United Midwest Savings Bank National Association | 7(a) | 10 | $3.9M | 2.5% | 13 | -3 |
| 14 | First Financial Bank | 7(a) | 9 | $5.8M | 2.3% | 10 | -1 |
| 15 | Essential Credit Union | 7(a) | 9 | $664K | 2.3% | 12 | -3 |
| 16 | Community Certified Development Corporation | 504 | 8 | $4.6M | 2.0% | 9 | -1 |
| 17 | Regions Bank | 7(a) | 7 | $12.7M | 1.8% | 9 | -2 |
| 18 | First Guaranty Bank | 7(a) | 7 | $4.1M | 1.8% | 0 | new |
| 19 | JPMorgan Chase Bank, National Association | 7(a) | 7 | $3.4M | 1.8% | 22 | -15 |
| 20 | BayFirst National Bank | 7(a) | 7 | $2.7M | 1.8% | 7 | 0 |
| 21 | BankFirst Financial Services | 7(a) | 7 | $1.2M | 1.8% | 9 | -2 |
| 22 | Byline Bank | 7(a) | 6 | $10.7M | 1.5% | 6 | 0 |
| 23 | JEDCO Development Corporation | 504 | 6 | $5.3M | 1.5% | 1 | +5 |
| 24 | Rayne State Bank & Trust Company | 7(a) | 6 | $3.9M | 1.5% | 6 | 0 |
| 25 | First Horizon Bank | 7(a) | 5 | $5.6M | 1.3% | 15 | -10 |
| 26 | Golden Bank National Association | 7(a) | 5 | $4.2M | 1.3% | 1 | +4 |
| 27 | South Louisiana Bank | 7(a) | 5 | $1.2M | 1.3% | 2 | +3 |
| 28 | Customers Bank | 7(a) | 4 | $4.4M | 1.0% | 0 | new |
| 29 | Old National Bank | 7(a) | 4 | $1.4M | 1.0% | 0 | new |
| 30 | Carter FCU | 7(a) | 4 | $670K | 1.0% | 1 | +3 |
| 31 | Wallis Bank | 7(a) | 3 | $6.8M | 0.8% | 1 | +2 |
| 32 | BIZCapital BIDCO II, LLC | 7(a) | 3 | $6.1M | 0.8% | 0 | new |
| 33 | Celtic Bank Corporation | 7(a) | 3 | $4.5M | 0.8% | 5 | -2 |
| 34 | Ameris Bank | 7(a) | 3 | $3.0M | 0.8% | 0 | new |
| 35 | New Orleans Regional Business Development Loan Corporation | 504 | 3 | $2.2M | 0.8% | 4 | -1 |
| 36 | TowneBank | 7(a) | 3 | $1.4M | 0.8% | 0 | new |
| 37 | Farmers State Bank of Alto Pass, Illinois | 7(a) | 2 | — | 0.5% | 0 | new |
| 38 | Shoreham Bank | 7(a) | 2 | — | 0.5% | 0 | new |
| 39 | Legence Bank | 7(a) | 2 | — | 0.5% | 0 | new |
| 40 | Peoples Bank | 7(a) | 2 | — | 0.5% | 2 | 0 |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2020 | Change |
|---|---|---|---|---|---|---|
| 1 | East Baton Rouge Parish | 64 | $38.5M | 16.3% | 33 | +31 |
| 2 | Lafayette Parish | 46 | $34.5M | 11.7% | 44 | +2 |
| 3 | St. Tammany Parish | 32 | $19.7M | 8.1% | 30 | +2 |
| 4 | Orleans Parish | 32 | $20.2M | 8.1% | 39 | -7 |
| 5 | Jefferson Parish | 28 | $23.7M | 7.1% | 25 | +3 |
| 6 | Calcasieu Parish | 24 | $19.9M | 6.1% | 12 | +12 |
| 7 | Caddo Parish | 20 | $20.9M | 5.1% | 16 | +4 |
| 8 | Ascension Parish | 17 | $7.8M | 4.3% | 10 | +7 |
| 9 | Livingston Parish | 13 | $13.4M | 3.3% | 11 | +2 |
| 10 | Tangipahoa Parish | 11 | $11.8M | 2.8% | 8 | +3 |
| 11 | Bossier Parish | 9 | $6.5M | 2.3% | 2 | +7 |
| 12 | Rapides Parish | 9 | $5.0M | 2.3% | 8 | +1 |
| 13 | St. Martin Parish | 8 | $5.5M | 2.0% | 4 | +4 |
| 14 | Terrebonne Parish | 8 | $12.4M | 2.0% | 9 | -1 |
| 15 | Acadia Parish | 6 | $5.2M | 1.5% | 0 | new |
| 16 | Iberia Parish | 6 | $6.4M | 1.5% | 2 | +4 |
| 17 | Union Parish | 6 | $648K | 1.5% | 4 | +2 |
| 18 | Lincoln Parish | 6 | $4.6M | 1.5% | 1 | +5 |
| 19 | Ouachita Parish | 5 | $4.2M | 1.3% | 9 | -4 |
| 20 | St. Bernard Parish | 4 | $2.7M | 1.0% | 4 | 0 |
| 21 | St. Landry Parish | 4 | $2.3M | 1.0% | 8 | -4 |
| 22 | Lafourche Parish | 4 | $6.2M | 1.0% | 4 | 0 |
| 23 | Sabine Parish | 4 | $4.0M | 1.0% | 1 | +3 |
| 24 | St. Mary Parish | 3 | $9.3M | 0.8% | 2 | +1 |
| 25 | Washington Parish | 3 | $1.2M | 0.8% | 1 | +2 |
| 26 | Vermilion Parish | 3 | $1.1M | 0.8% | 3 | 0 |
| 27 | Plaquemines Parish | 3 | $1.5M | 0.8% | 4 | -1 |
| 28 | Pointe Coupee Parish | 2 | — | 0.5% | 1 | +1 |
| 29 | West Baton Rouge Parish | 2 | — | 0.5% | 4 | -2 |
| 30 | Iberville Parish | 2 | — | 0.5% | 1 | +1 |
| 31 | Morehouse Parish | 2 | — | 0.5% | 0 | new |
| 32 | Webster Parish | 1 | — | 0.3% | 2 | -1 |
| 33 | Richland Parish | 1 | — | 0.3% | 2 | -1 |
| 34 | Beauregard Parish | 1 | — | 0.3% | 0 | new |
| 35 | Assumption Parish | 1 | — | 0.3% | 3 | -2 |
| 36 | Evangeline Parish | 1 | — | 0.3% | 0 | new |
| 37 | Franklin Parish | 1 | — | 0.3% | 0 | new |
| 38 | LaSalle Parish | 1 | — | 0.3% | 0 | new |
FY2021 against FY2020
| Louisiana | FY2021 | FY2020 |
|---|---|---|
| 7(a) approvals | 351 | 286 |
| 7(a) dollars | $281M | $189M |
| Median 7(a) approval | $368K | $256K |
| 504 approvals | 42 | 32 |
| 504 dollars | $26.3M | $18.6M |
| Jobs supported, as reported | 5,137 | 3,798 |
Questions and answers
Which lenders made the most SBA loans in Louisiana in FY2021?
Fidelity Bank (29), Louisiana Capital Certified Development Company, Inc. (22), b1BANK (20), Newtek Small Business Finance, Inc. (19), Gulf Coast Bank (18). 81 lenders had at least one approval.
How many SBA loans were approved in Louisiana in FY2021?
393: 351 under 7(a) worth $281M and 42 under 504 worth $26.3M.
Which Louisiana counties had the most SBA approvals in FY2021?
East Baton Rouge Parish (64), Lafayette Parish (46), St. Tammany Parish (32), Orleans Parish (32), Jefferson Parish (28).
When does FY2021 start and end?
The federal fiscal year 2021 runs from 1 October 2020 to 30 September 2021.
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