SBA 7(a) loans in Louisiana
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data [source] · File as of September 30, 2026 · Loans approved in federal fiscal years 2024–2026 (Oct 2023 – Sept 2026) · Imported November 4, 2026
1,355loans approved
$240,000median loan
$100K–$587Kmiddle half of loans
$818.7Mtotal approved
10%median initial rate
10 yrsmedian term
The median Louisiana loan is 37% larger than the national median of $175,000.
Loan sizes
Top industries
| Industry (NAICS) | Loans | Median |
|---|---|---|
| Full-Service Restaurants (722511) | 63 | $303,500 |
| Limited-Service Restaurants (722513) | 60 | $559,650 |
| All Other Specialty Trade Contractors (238990) | 29 | $312,600 |
| Child Day Care Services (624410) | 26 | $291,050 |
| Plumbing, Heating, and Air-Conditioning Contractors (238220) | 25 | $275,000 |
| Clothing and Clothing Accessories Retailers (458110) | 24 | $131,150 |
| Residential Remodelers (236118) | 23 | $150,000 |
| Insurance Agencies and Brokerages (524210) | 23 | $272,000 |
| Beauty Salons (812112) | 23 | $90,000 |
| Hotels (except Casino Hotels) and Motels (721110) | 23 | $2,500,000 |
Most active lenders in Louisiana
| Lender | Loans | Median | Total |
|---|---|---|---|
| Newtek Bank, National Association | 139 | $150,000 | $40.4M |
| American Bank | 99 | $375,000 | $90.2M |
| Hancock Whitney Bank | 92 | $302,750 | $45.1M |
| Northeast Bank | 86 | $88,000 | $10.1M |
| Readycap Lending, LLC | 85 | $50,000 | $12.3M |
| The Huntington National Bank | 64 | $303,000 | $34.6M |
| JPMorgan Chase Bank, National Association | 57 | $148,000 | $10.8M |
| Live Oak Banking Company | 52 | $732,500 | $61.2M |
| B1bank | 50 | $414,000 | $36.8M |
| Bayfirst National Bank | 31 | $150,000 | $4.1M |
SBA 504 loans in Louisiana
504 loans finance real estate and major equipment through a Certified Development Company (CDC). Approved FY2024–FY2026, file as of September 30, 2026 [source].
55504 loans approved
$986,000median CDC portion
$82.7Mtotal CDC portion
What these 504 amounts cover: only the SBA-backed CDC portion of each project (typically up to 40%). A bank first loan and the borrower's down payment make up the rest, so total project costs are larger.
Most active CDCs in Louisiana
| Lender | Loans | Median | Total |
|---|---|---|---|
| Louisiana Capital Certified Development Company, INC. | 17 | $433,000 | $16.8M |
| Jedco Development Corporation | 15 | $1,166,000 | $24.3M |
| Community Certified Development Corporation | 13 | $1,478,000 | $20.5M |
Starting a business in Louisiana? See how to register your business.
What this data does — and doesn't — tell you
- Approvals, not applications. These are loans SBA approved. The data has no denials, so it cannot tell you your odds of approval.
- Loan size is not startup cost. 7(a) loans also pay for buying existing businesses, real estate, equipment, refinancing and working capital.
- Gross approval amount. Figures are the full approved loan, including the part SBA does not guarantee. Some approved loans are later reduced or never fully disbursed.
- Industry codes are assigned at approval (NAICS) and can be imprecise — a mobile detailer may be coded as a car wash, for example.
- Medians beat averages here: a few very large loans pull averages up. We show the median and the middle half (25th–75th percentile).
- No default rates. Most recent loans are still being repaid, so charge-off rates for these years would be misleading. We don't show them.
- Cancelled loans are excluded, and any group with fewer than 10 loans is hidden. We never publish borrower names.
- Lender counts aren't a quality rating. Big national lenders make many small loans; local lenders may know your market better. Talk to several, or use SBA Lender Match.