2,358 SBA loans worth $1.5B went to Louisiana businesses between October 2021 and June 2026, from 156 lenders. Newtek Bank made the most 7(a) loans, 227 or 10% of the state's total, and the ten most active lenders made 56%. The median 7(a) loan was $225,000, above the national median of $158,000. Restaurants and hotels was the most financed industry, at 15% of loans. Annual loan count rose 45% from fiscal 2023 to fiscal 2025.
| # | Lender | Loans | Approved | Median loan | To startups | Most common borrower |
|---|---|---|---|---|---|---|
| 1 | Newtek Bank Bank · Miami, FL | 227 | $76.4M | $150,000 | 15% | Restaurants and hotels |
| 2 | American Bank Bank · Covington, LA | 200 | $137.7M | $312,500 | 52% | Restaurants and hotels |
| 3 | Northeast Bank Bank · Portland, ME | 171 | $22.7M | $102,700 | 8% | Construction |
| 4 | Hancock Whitney Bank Bank · Gulfport, MS | 117 | $58.7M | $305,000 | 47% | Restaurants and hotels |
| 5 | Huntington National Bank Bank · Columbus, OH | 116 | $45.9M | $287,500 | 58% | Other services (repair, personal care) |
| 6 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 103 | $31.7M | $50,000 | 13% | Professional and technical services |
| 7 | b1BANK Bank · Baton Rouge, LA | 102 | $72.7M | $302,000 | 56% | Restaurants and hotels |
| 8 | JPMorgan Chase Bank Bank · Columbus, OH | 91 | $16.3M | $120,000 | 11% | Construction |
| 9 | BayFirst National Bank Bank · St. Petersburg, FL | 77 | $12.0M | $150,000 | 0% | Construction |
| 10 | Live Oak Banking Bank · Wilmington, NC | 68 | $100.9M | $1,102,500 | 18% | Health care and social assistance |
| 11 | Gulf Coast Bank Bank · Abbeville, LA | 57 | $43.0M | $445,000 | 42% | Restaurants and hotels |
| 12 | Fidelity Bank Bank · New Orleans, LA | 52 | $19.1M | $140,800 | 46% | Restaurants and hotels |
| 13 | Celtic Bank Bank · Salt Lake City, UT | 50 | $21.8M | $123,700 | 24% | Health care and social assistance |
| 14 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 41 | $25.3M | $186,400 | 22% | Retail |
| 15 | First Financial Bank Bank · El Dorado, AR | 38 | $73.3M | $1,200,000 | 53% | Agriculture, forestry and fishing |
| 16 | United Midwest Savings Bank Bank · Degraff, OH | 35 | $11.8M | $150,000 | 86% | Construction |
| 17 | Planters Bank and Trust Bank · Indianola, MS | 28 | $2.1M | $50,000 | 43% | Construction |
| 18 | Carter FCU Credit union · Springhill, LA | 27 | $11.4M | $121,500 | 89% | Health care and social assistance |
| 19 | First Bank of the Lake Bank · Osage Beach, MO | 26 | $22.3M | $325,950 | 65% | Administrative and support services |
| 20 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 25 | $4.7M | $150,000 | 0% | Transportation and warehousing |
| 21 | Peoples Bank Bank · Mendenhall, MS | 24 | $51.5M | $1,805,000 | 79% | Restaurants and hotels |
| 22 | Byline Bank Bank · Chicago, IL | 24 | $22.5M | $750,000 | 25% | Retail |
| 23 | Gulf Coast Bank and Trust Bank · New Orleans, LA | 23 | $26.7M | $810,000 | 61% | Health care and social assistance |
| 24 | Home Bank Bank · Lafayette, LA | 23 | $20.4M | $563,300 | 43% | Restaurants and hotels |
| 25 | Regions Bank Bank · Birmingham, AL | 22 | $10.2M | $362,750 | 18% | Health care and social assistance |
| # | Certified development company | Loans | SBA portion approved | Median |
|---|---|---|---|---|
| 1 | Louisiana Capital Certified Development Company Lafayette, LA | 34 | $29.1M | $448,000 |
| 2 | Community Certified Development Houston, TX | 24 | $33.0M | $723,000 |
| 3 | JEDCO Development Avondale, LA | 19 | $26.8M | $1,025,000 |
| 4 | New Orleans Regional Business Development Loan New Orleans, LA | 9 | $13.9M | $1,076,000 |
| 5 | Independent Development Services Fort Myers, FL | 2 | $6.2M | $3,096,000 |
| 6 | Capital Certified Development Austin, TX | 1 | $2.3M | $2,286,000 |
| 7 | Florida Business Development Tampa, FL | 1 | $396K | $396,000 |
| 8 | Mortgage Capital Development Oakland, CA | 1 | $2.1M | $2,123,000 |
| 9 | Southern Development Council Mountain Brook, AL | 1 | $386K | $386,000 |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 363 | $408,000 | American Bank | |
| Construction | 328 | $150,000 | American Bank | |
| Retail | 268 | $226,500 | Newtek Bank | |
| Health care and social assistance | 267 | $234,300 | Newtek Bank | |
| Other services (repair, personal care) | 220 | $171,750 | Huntington National Bank | |
| Professional and technical services | 183 | $190,000 | Newtek Bank | |
| Administrative and support services | 124 | $150,000 | Newtek Bank | |
| Manufacturing | 113 | $350,000 | Newtek Bank | |
| Transportation and warehousing | 97 | $150,000 | Northeast Bank | |
| Arts, entertainment and recreation | 91 | $265,700 | American Bank | |
| Wholesale trade | 88 | $251,350 | American Bank | |
| Real estate and rental | 58 | $406,750 | American Bank |
| City | Loans | Approved | Median loan | Most active lender |
|---|---|---|---|---|
| New Orleans | 312 | $162.9M | $190,000 | Newtek Bank |
| Baton Rouge | 252 | $169.3M | $233,000 | b1BANK |
| Lafayette | 138 | $97.7M | $229,250 | Gulf Coast Bank |
| Metairie | 122 | $73.4M | $250,000 | Newtek Bank |
| Shreveport | 119 | $58.7M | $182,300 | Planters Bank and Trust |
| Covington | 69 | $42.8M | $256,000 | American Bank |
| Slidell | 68 | $33.6M | $261,000 | American Bank |
| Lake Charles | 66 | $53.9M | $350,000 | b1BANK |
| Mandeville | 56 | $36.1M | $287,150 | American Bank |
| Kenner | 53 | $21.2M | $150,000 | Newtek Bank |
| Gonzales | 52 | $36.4M | $347,000 | American Bank |
| Houma | 43 | $27.9M | $270,000 | South Louisiana Bank |
| Broussard | 39 | $29.4M | $340,000 | Gulf Coast Bank |
| Denham Springs | 38 | $16.3M | $150,000 | Newtek Bank |
| West Monroe | 32 | $16.6M | $253,700 | Readycap Lending |
21 Louisiana cities and suburbs with at least 25 SBA loans since October 2021. Search any zip code at the top of the page.