How many SBA 7(a) lenders are active in Louisiana?

There are currently 29 active SBA 7(a) lenders in Louisiana based on FOIA lending data, with 74 acquisition loans originated.

What is the typical SBA loan rate in Louisiana?

The median SBA 7(a) acquisition loan rate in Louisiana is approximately Prime + 2.25%. The SBA caps the spread at 3.0% for loans over $250,000.

What is a PLP lender?

A PLP (Preferred Lender Program) lender has delegated authority from the SBA to make credit decisions without prior SBA review, typically resulting in faster loan processing.

Best SBA Lenders in Louisiana for Business Acquisitions (2026)

#	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%	1.5%
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	Community Bank of Louisiana	3	$2.8M	P+0.75%	0.0%
8	Gulf Coast Bank and Trust Company	3	$5.8M	P+2.50%	0.6%
9	Celtic Bank Corporation	2	$7.7M	P+2.50%	1.7%
10	First Internet Bank of Indiana	2	$3.8M	P+2.75%	1.9%
11	Gibsland Bank & Trust Company	2	$1.0M	P+2.25%	20.0%
12	Bonvenu Bank NA	2	$612K	P+2.00%	0.0%
13	The Citizens National Bank of Meridian	2	$1.2M	P+2.75%	0.0%
14	US Metro Bank	2	$2.5M	P+1.25%	0.0%
15	Gulf Coast Bank	2	$2.6M	P+3.50%	0.0%
16	First Horizon Bank	2	$6.3M	P+1.50%	0.0%
17	Centerstone SBA Lending, Inc.	2	$2.8M	P+2.00%	1.3%
18	American Momentum Bank	1	$617K	P+2.25%	1.8%
19	Bank Five Nine	1	$1.1M	P+1.75%	0.0%
20	Northwest Bank	1	$5.0M	P+2.13%	0.0%
21	Stearns Bank National Association	1	$927K	P+2.75%	6.2%
22	Home Bank, National Association	1	$1.7M	P+2.13%	0.0%
23	Citizens Bank & Trust Company	1	$193K	P+3.00%	0.0%
24	Rayne State Bank & Trust Company	1	$1.6M	P+1.75%	16.7%
25	First Guaranty Bank	1	$482K	P+2.25%	0.0%

SBA 7(a) Lending in Louisiana

Louisiana has 29 active SBA 7(a) acquisition lenders that have originated a combined 74 loans totaling $115.0M in volume. The median acquisition loan size in Louisiana is $1241K, 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.

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