Top SBA Acquisition Lenders in Louisiana
32 active SBA 7(a) lenders in Louisiana, ranked by acquisition loan count.
Lenders
in Louisiana
Total Volume
Median Rate
Median Loan Size
Top Lenders in Louisiana
Lending by Industry in Louisiana
Covers the 22 of 78 Louisiana loans that the FOIA dataset reports at the state and industry level.
Top 25 Lenders in Louisiana
| # | Lender | Loans | Volume | Rate | Default Rate |
|---|---|---|---|---|---|
| 1 | Hancock Whitney Bank | 13 | $15.3M | P+2.50% | 1.0% |
| 2 | American Bank | 8 | $5.4M | P+3.00% | 0.0% |
| 3 | The Huntington National Bank | 5 | $8.2M | P+2.25% | 1.8% |
| 4 | Live Oak Bank | 5 | $7.3M | P+1.50% | 0.8% |
| 5 | Third Coast Bank | 4 | $20.0M | P+1.50% | 0.0% |
| 6 | Cadence Bank | 3 | $6.3M | P+2.50% | 2.8% |
| 7 | Gulf Coast Bank | 3 | $2.8M | P+3.50% | 0.0% |
| 8 | Community Bank of Louisiana | 3 | $2.8M | P+0.75% | 0.0% |
| 9 | Gulf Coast Bank and Trust Company | 3 | $5.8M | P+2.50% | 0.6% |
| 10 | Gibsland Bank & Trust Company | 2 | $1.0M | P+2.25% | 20.0% |
| 11 | The Citizens National Bank of Meridian | 2 | $1.2M | P+2.75% | 0.0% |
| 12 | US Metro Bank | 2 | $2.5M | P+1.25% | 0.0% |
| 13 | Celtic Bank Corporation | 2 | $7.7M | P+2.50% | 1.7% |
| 14 | First Internet Bank of Indiana | 2 | $3.8M | P+2.75% | 1.9% |
| 15 | Centerstone SBA Lending, Inc. | 2 | $2.8M | P+2.00% | 1.3% |
| 16 | Bonvenu Bank NA | 2 | $612K | P+2.00% | 0.0% |
| 17 | First Horizon Bank | 2 | $6.3M | P+1.50% | 0.0% |
| 18 | The Bancorp Bank National Association | 1 | $383K | P+1.00% | 0.7% |
| 19 | Rayne State Bank & Trust Company | 1 | $1.6M | P+1.75% | 16.7% |
| 20 | Home Bank, National Association | 1 | $1.7M | P+2.13% | 0.0% |
| 21 | Bank Five Nine | 1 | $1.1M | P+1.88% | 0.0% |
| 22 | Citizens Bank | 1 | $824K | P+2.63% | 2.3% |
| 23 | First Guaranty Bank | 1 | $482K | P+2.25% | 0.0% |
| 24 | Citizens Bank & Trust Company | 1 | $193K | P+3.00% | 0.0% |
| 25 | Open Bank | 1 | $820K | P+1.50% | 0.9% |
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Customize your search →SBA 7(a) Lending in Louisiana
Louisiana has 32 active SBA 7(a) acquisition lenders that have originated a combined 78 loans totaling $120.4M in volume. The median acquisition loan size in Louisiana is $1037K, with a median interest rate of Prime + 2.25% (Prime + spread).
When evaluating SBA lenders in Louisiana, consider loan volume (a proxy for experience), interest rates, and historical default rates. Lenders designated as PLP (Preferred Lender Program) have delegated authority from the SBA to approve loans, which typically results in faster processing times.
Frequently Asked Questions
How many SBA 7(a) lenders are active in Louisiana?
There are currently 32 active SBA 7(a) lenders in Louisiana based on FOIA lending data. These lenders have originated 78 acquisition loans.
What is the typical SBA loan rate in Louisiana?
The median SBA 7(a) acquisition loan rate in Louisiana is Prime + 2.25% (current Prime rate: 6.75%). Rates are typically expressed as Prime plus a spread, with the SBA capping the spread at 3.0% for loans over $250,000.
What is a PLP lender?
A PLP (Preferred Lender Program) lender has been granted delegated authority by the SBA to make credit decisions without prior SBA review. This typically means faster loan processing and approval timelines.
Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the selected dimension. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates. Data is refreshed periodically and may not reflect the most recent lending activity.
Figures shown here are historical SBA 7(a) lending data presented for general information only. They are not an offer of credit, a prediction of the terms you will receive, or financial advice. VerSquare is not a licensed broker, lender, or financial advisor. Consult a licensed professional before making a financing decision.