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SBA lenders in New Orleans, LA

SBA 7(a) and 504 loans to businesses in New Orleans (Orleans Parish), October 2021 to June 30, 2026 · Updated October 15, 2026
312
SBA loans approved
$162.9M
Total approved
$190,000
Median loan
48
Lenders active
36%
To startups

312 SBA loans worth $162.9M went to businesses in New Orleans, LA between October 2021 and June 2026, from 48 lenders. Newtek Bank made the most, 61 loans. The median loan was $190,000, compared with $247,250 across Louisiana, and restaurants and hotels was the most financed industry.

Most active SBA lenders in New Orleans

#LenderLoansApprovedMedian loanTo startups
1Newtek Bank
Bank · Miami, FL
61$14.0M$125,00020%
2American Bank
Bank · Covington, LA
32$22.8M$229,50081%
3Northeast Bank
Bank · Portland, ME
24$2.9M$133,7000%
4Hancock Whitney Bank
Bank · Gulfport, MS
22$12.9M$443,75050%
5JPMorgan Chase Bank
Bank · Columbus, OH
17$3.0M$150,00012%
6Live Oak Banking
Bank · Wilmington, NC
14$14.8M$685,65029%
7Fidelity Bank
Bank · New Orleans, LA
11$2.2M$130,00045%
8BayFirst National Bank
Bank · St. Petersburg, FL
11$1.4M$150,0000%
9Readycap Lending
Non-bank lender · Berkeley Heights, NJ
11$1.0M$40,0009%
10Huntington National Bank
Bank · Columbus, OH
10$2.0M$165,00040%
11Gulf Coast Bank and Trust
Bank · New Orleans, LA
8$7.4M$598,15088%
12Newtek Small Business Finance
Non-bank lender · Lake Success, NY
7$9.2M$400,00014%
13Citizens National Bank of Meridian
Bank · Meridian, MS
6$2.0M$231,95017%
14First Internet Bank of Indiana
Bank · Fishers, IN
5$4.7M$742,00060%
15b1BANK
Bank · Baton Rouge, LA
5$3.9M$247,50080%
7(a) and 504 lenders combined, ranked by number of loans to businesses in New Orleans. For 504 loans the lender shown is the certified development company.

What gets financed in New Orleans

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels65
21%
$291,500Newtek Bank
Retail36
12%
$150,000Newtek Bank
Professional and technical services35
11%
$150,000Newtek Bank
Other services (repair, personal care)30
10%
$135,950Northeast Bank
Construction30
10%
$162,500JPMorgan Chase Bank
Health care and social assistance26
8%
$238,750Northeast Bank
Manufacturing19
6%
$350,000Newtek Bank
Administrative and support services15
5%
$150,000Liberty Bank and Trust
Loan size mix
  • Under $150,00036%
  • $150,000 to $500,00040%
  • $500,000 to $2 million18%
  • $2 million and up6%
Compared with Louisiana
Median loan, New Orleans
$190,000
Median loan, Louisiana
$247,250
Startup share, New Orleans
36%
Startup share, Louisiana
34%
Share of state's SBA loans
13.2%

SBA loans per fiscal year in New Orleans

03367100FY14: 49 loansFY14FY15: 58 loansFY15FY16: 50 loansFY16FY17: 51 loansFY17FY18: 55 loansFY18FY19: 58 loansFY19FY20: 43 loansFY20FY21: 36 loansFY21FY22: 39 loansFY22FY23: 58 loansFY23FY24: 81 loansFY24FY25: 98 loansFY2598FY26 (Oct to Jun): 36 loansFY2636
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.