Small Business Owner Resource
The past, present, and future of SBA 7(a) lending for Louisiana.
In 2022 there were 75 SBA lenders that approved 368 SBA 7(a) loans for projects in Louisiana totaling $280,633,400. The average loan amount was $762,591. Borrowers from 92 cities were approved for projects in Louisiana for 148 industries. The SBA loan approvals in 2022 represent 5,125 jobs supported or saved in Louisiana.
There were 53 franchise branded businesses receiving 67 loan approvals for $94,116,400 with an average loan amount of $1,404,722.
Our forecast model projects $272 million in total Louisiana SBA 7(a) loan approval amounts in 2023 with $111 million to franchise businesses.
Louisiana Lending Data For All SBA 7(a) Loans:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
Louisiana Lending Data For Franchise SBA 7(a) Loans Only:
Data updated through 12/31/2022. See SBADNA Data Source & Methodology for more details.
This intel is provided by SBADNA, an SBAmatch sister company.
Our SBA Lending Experts can leverage this intel with long-standing banking relationships to help you find the right loan for FREE.
