SBA Loans for Restaurants & Lodging in Louisiana
Since fiscal year 2021, at least 88 lenders made 413 SBA loans to Restaurants & Lodging businesses in Louisiana. These are the most active, based on public SBA data.
Most active SBA lenders for Restaurants & Lodging in Louisiana
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | American Bank Covington, LA | 44 | $671,169 | 53% | 7(a), Express |
| 2 | Newtek Bank, National Association Miami, FL | 36 | $336,707 | 15% | 7(a), Express |
| 3 | Hancock Whitney Bank Gulfport, MS | 27 | $508,436 | 49% | 7(a), Express |
| 4 | b1BANK Baton Rouge, LA | 23 | $667,341 | 57% | 7(a), Express |
| 5 | Northeast Bank Lewiston, ME | 19 | $133,005 | 8% | 7(a) |
| 6 | Peoples Bank Mendenhall, MS | 17 | $2,156,808 | 77% | 7(a) |
| 7 | Gulf Coast Bank Abbeville, LA | 16 | $725,853 | 40% | 7(a), Express |
| 8 | The Huntington National Bank Columbus, OH | 16 | $424,679 | 57% | 7(a), Express |
| 9 | Readycap Lending, LLC Berkeley Heights, NJ | 14 | $327,972 | 13% | 7(a) |
| 10 | Celtic Bank Corporation Salt Lake City, UT | 10 | $495,321 | 25% | 7(a) |
Related guide: SBA Loans for Restaurants
Other industries in Louisiana
- Construction345 loans
- Retail Stores294 loans
- Health Care285 loans
- Personal Services & Repair242 loans
- Professional Services205 loans
- Cleaning, Landscaping & Admin140 loans
- Manufacturing126 loans
- Trucking & Transportation111 loans
← All SBA lenders in Louisiana
Frequently asked questions
Which lenders make the most SBA loans to Restaurants & Lodging businesses in Louisiana?
Based on public SBA data, the most active were American Bank, Newtek Bank, National Association, Hancock Whitney Bank.
How many SBA loans did Restaurants & Lodging businesses get in Louisiana?
413 SBA loans since fiscal year 2021, from at least 88 different lenders.
Which SBA loan fits a Restaurants & Lodging business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.