FY20231 Oct 2022 – 30 Sep 2023
SBA loans in Louisiana, FY2023
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 FY2023 (1 October 2022 to 30 September 2023) SBA approved 444 loans in Louisiana: 429 under 7(a) and 15 under 504, worth $259M.
That is up 18% on FY2022, when there were 377 approvals worth $302M.
Louisiana accounted for 0.7% of the 63,286 approvals nationwide that year. 69 lenders had at least one approval in the state; American Bank had the most, 56.
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 FY2023, of 69 active.
| # | Lender | Program | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|---|
| 1 | American Bank | 7(a) | 56 | $23.0M | 12.6% | 45 | +11 |
| 2 | BayFirst National Bank | 7(a) | 38 | $5.2M | 8.6% | 4 | +34 |
| 3 | The Huntington National Bank | 7(a) | 36 | $8.1M | 8.1% | 16 | +20 |
| 4 | b1BANK | 7(a) | 25 | $14.9M | 5.6% | 33 | -8 |
| 5 | Newtek Small Business Finance, Inc. | 7(a) | 19 | $14.0M | 4.3% | 22 | -3 |
| 6 | JPMorgan Chase Bank, National Association | 7(a) | 19 | $1.9M | 4.3% | 9 | +10 |
| 7 | Hancock Whitney Bank | 7(a) | 18 | $9.3M | 4.1% | 16 | +2 |
| 8 | Fidelity Bank | 7(a) | 17 | $3.7M | 3.8% | 12 | +5 |
| 9 | BankFirst Financial Services | 7(a) | 13 | $4.7M | 2.9% | 4 | +9 |
| 10 | Newtek Bank, National Association | 7(a) | 13 | $3.2M | 2.9% | 0 | new |
| 11 | Live Oak Banking Company | 7(a) | 12 | $28.5M | 2.7% | 5 | +7 |
| 12 | First Financial Bank | 7(a) | 12 | $18.8M | 2.7% | 4 | +8 |
| 13 | Gulf Coast Bank | 7(a) | 11 | $6.1M | 2.5% | 21 | -10 |
| 14 | Home Bank, National Association | 7(a) | 10 | $9.9M | 2.3% | 1 | +9 |
| 15 | Celtic Bank Corporation | 7(a) | 8 | $1.0M | 1.8% | 9 | -1 |
| 16 | Byline Bank | 7(a) | 7 | $7.8M | 1.6% | 4 | +3 |
| 17 | Louisiana Capital Certified Development Company, Inc. | 504 | 7 | $5.2M | 1.6% | 12 | -5 |
| 18 | Carter FCU | 7(a) | 7 | $2.1M | 1.6% | 8 | -1 |
| 19 | United Midwest Savings Bank National Association | 7(a) | 7 | $1.3M | 1.6% | 5 | +2 |
| 20 | Regions Bank | 7(a) | 6 | $1.8M | 1.4% | 3 | +3 |
| 21 | Readycap Lending, LLC | 7(a) | 6 | $1.2M | 1.4% | 11 | -5 |
| 22 | Peoples Bank | 7(a) | 5 | $13.2M | 1.1% | 9 | -4 |
| 23 | Community Certified Development Corporation | 504 | 5 | $6.2M | 1.1% | 6 | -1 |
| 24 | Planters Bank and Trust Company | 7(a) | 5 | $828K | 1.1% | 6 | -1 |
| 25 | Citizens Bank | 7(a) | 4 | $4.6M | 0.9% | 2 | +2 |
| 26 | Rayne State Bank & Trust Company | 7(a) | 4 | $3.3M | 0.9% | 2 | +2 |
| 27 | Business Resource Capital Specialty BIDCO, Inc. | 7(a) | 4 | $1.2M | 0.9% | 0 | new |
| 28 | Colony Bank | 7(a) | 3 | $5.1M | 0.7% | 1 | +2 |
| 29 | First Horizon Bank | 7(a) | 3 | $4.8M | 0.7% | 1 | +2 |
| 30 | First Bank of the Lake | 7(a) | 3 | $2.6M | 0.7% | 0 | new |
| 31 | Caldwell Bank and Trust Company | 7(a) | 3 | $1.5M | 0.7% | 0 | new |
| 32 | South Louisiana Bank | 7(a) | 3 | $572K | 0.7% | 4 | -1 |
| 33 | Essential Credit Union | 7(a) | 3 | $188K | 0.7% | 8 | -5 |
| 34 | Northeast Bank | 7(a) | 3 | $121K | 0.7% | 3 | 0 |
| 35 | Hanover Community Bank | 7(a) | 2 | — | 0.5% | 0 | new |
| 36 | Bank of St. Francisville | 7(a) | 2 | — | 0.5% | 1 | +1 |
| 37 | Bank Five Nine | 7(a) | 2 | — | 0.5% | 2 | 0 |
| 38 | Oconee State Bank | 7(a) | 2 | — | 0.5% | 0 | new |
| 39 | New Orleans Regional Business Development Loan Corporation | 504 | 2 | — | 0.5% | 1 | +1 |
| 40 | Grasshopper Bank National Association | 7(a) | 2 | — | 0.5% | 0 | new |
Approvals by county
| # | County | Approvals | Dollars | Share of state | FY2022 | Change |
|---|---|---|---|---|---|---|
| 1 | Jefferson Parish | 62 | $31.1M | 14.0% | 27 | +35 |
| 2 | Orleans Parish | 47 | $31.3M | 10.6% | 35 | +12 |
| 3 | St. Tammany Parish | 43 | $22.1M | 9.7% | 41 | +2 |
| 4 | Lafayette Parish | 42 | $24.4M | 9.5% | 55 | -13 |
| 5 | East Baton Rouge Parish | 38 | $29.8M | 8.6% | 52 | -14 |
| 6 | Calcasieu Parish | 24 | $14.8M | 5.4% | 18 | +6 |
| 7 | Ascension Parish | 19 | $6.3M | 4.3% | 14 | +5 |
| 8 | Caddo Parish | 19 | $5.2M | 4.3% | 26 | -7 |
| 9 | Tangipahoa Parish | 16 | $7.1M | 3.6% | 14 | +2 |
| 10 | Terrebonne Parish | 11 | $12.1M | 2.5% | 5 | +6 |
| 11 | Rapides Parish | 11 | $4.4M | 2.5% | 8 | +3 |
| 12 | Livingston Parish | 11 | $2.2M | 2.5% | 11 | 0 |
| 13 | St. Landry Parish | 10 | $6.5M | 2.3% | 5 | +5 |
| 14 | Bossier Parish | 9 | $7.6M | 2.0% | 2 | +7 |
| 15 | Ouachita Parish | 8 | $3.0M | 1.8% | 10 | -2 |
| 16 | St. Martin Parish | 8 | $6.9M | 1.8% | 6 | +2 |
| 17 | Vermilion Parish | 7 | $5.8M | 1.6% | 2 | +5 |
| 18 | Claiborne Parish | 5 | $6.0M | 1.1% | 0 | new |
| 19 | Natchitoches Parish | 5 | $4.8M | 1.1% | 2 | +3 |
| 20 | Plaquemines Parish | 4 | $2.0M | 0.9% | 0 | new |
| 21 | Iberia Parish | 4 | $2.4M | 0.9% | 4 | 0 |
| 22 | St. Charles Parish | 4 | $2.6M | 0.9% | 1 | +3 |
| 23 | Caldwell Parish | 4 | $934K | 0.9% | 0 | new |
| 24 | St. Mary Parish | 3 | $376K | 0.7% | 3 | 0 |
| 25 | Pointe Coupee Parish | 3 | $386K | 0.7% | 2 | +1 |
| 26 | St. John the Baptist Parish | 3 | $457K | 0.7% | 1 | +2 |
| 27 | Red River Parish | 3 | $2.7M | 0.7% | 0 | new |
| 28 | Sabine Parish | 3 | $949K | 0.7% | 0 | new |
| 29 | St. Bernard Parish | 2 | — | 0.5% | 1 | +1 |
| 30 | Beauregard Parish | 2 | — | 0.5% | 1 | +1 |
| 31 | Union Parish | 2 | — | 0.5% | 0 | new |
| 32 | Evangeline Parish | 2 | — | 0.5% | 1 | +1 |
| 33 | Lincoln Parish | 2 | — | 0.5% | 2 | 0 |
| 34 | Acadia Parish | 1 | — | 0.2% | 1 | 0 |
| 35 | Washington Parish | 1 | — | 0.2% | 2 | -1 |
| 36 | Webster Parish | 1 | — | 0.2% | 2 | -1 |
| 37 | Jackson Parish | 1 | — | 0.2% | 1 | 0 |
| 38 | Morehouse Parish | 1 | — | 0.2% | 0 | new |
| 39 | De Soto Parish | 1 | — | 0.2% | 4 | -3 |
| 40 | Jefferson Davis Parish | 1 | — | 0.2% | 0 | new |
The 40 counties with the most approvals; every county is on the Louisiana page.
FY2023 against FY2022
| Louisiana | FY2023 | FY2022 |
|---|---|---|
| 7(a) approvals | 429 | 350 |
| 7(a) dollars | $245M | $278M |
| Median 7(a) approval | $195K | $339K |
| 504 approvals | 15 | 27 |
| 504 dollars | $13.5M | $24.2M |
| Jobs supported, as reported | 5,486 | 5,269 |
Questions and answers
Which lenders made the most SBA loans in Louisiana in FY2023?
American Bank (56), BayFirst National Bank (38), The Huntington National Bank (36), b1BANK (25), Newtek Small Business Finance, Inc. (19). 69 lenders had at least one approval.
How many SBA loans were approved in Louisiana in FY2023?
444: 429 under 7(a) worth $245M and 15 under 504 worth $13.5M.
Which Louisiana counties had the most SBA approvals in FY2023?
Jefferson Parish (62), Orleans Parish (47), St. Tammany Parish (43), Lafayette Parish (42), East Baton Rouge Parish (38).
When does FY2023 start and end?
The federal fiscal year 2023 runs from 1 October 2022 to 30 September 2023.
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