Connect me to a Baton Rouge lender!
Small business loans in Baton Rouge are available from many SBA lenders. Here are the most active Baton Rouge SBA lenders:
Top SBA Lenders in Baton Rouge
| Rank | SBA Lender | SBA Lender HQs | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|---|
| 1 | Newtek Bank | Miami, FL | 22 | $213,636 | 11.2% |
| 2 | American Bank | Covington, LA | 13 | $950,054 | 10.8% |
| 3 | b1Bank | Baton Rouge, LA | 9 | $342,889 | 10.9% |
| 4 | Huntington Bank | Columbus, OH | 8 | $607,250 | 10.4% |
| 5 | Hancock Whitney Bank | Gulfport, MS | 8 | $293,500 | 10.4% |
| 6 | Readycap Lending, LLC | Berkeley Heights, NJ | 7 | $48,071 | 14.2% |
| 7 | Brookline, MA | 6 | $2,500,000 | 8.5% | |
| 8 | America First Federal Credit Union | Brookline, MA | 6 | $2,500,000 | 8.5% |
| 9 | Beacon Bank | Brookline, MA | 6 | $2,500,000 | 8.5% |
| 10 | United Midwest Savings Bank | De Graff, OH | 6 | $141,667 | 10.9% |
| 11 | Fidelity Bank | Mandeville, LA | 5 | $1,134,500 | 9.7% |
| 12 | JPMorgan Chase Bank | Columbus, OH | 5 | $194,600 | 12.2% |
| 13 | Northeast Bank | Lewiston, ME | 5 | $155,740 | 11.2% |
| 14 | Byline Bank | Chicago, IL | 4 | $1,223,750 | 11.3% |
| 15 | Citizens Bank & Trust Company | Plaquemine, LA | 4 | $420,300 | 10.7% |
| 16 | BayFirst National Bank | Saint Petersburg, FL | 4 | $116,725 | 13.0% |
| 17 | Heritage Bank | Burlington, KY | 3 | $1,493,333 | 9.6% |
| 18 | Live Oak | Wilmington, NC | 3 | $830,000 | 8.1% |
| 19 | Regions Bank | Birmingham, AL | 3 | $501,767 | 9.7% |
| 20 | Wells Fargo | Sioux Falls, SD | 3 | $455,767 | 8.1% |
Top Industries for SBA Loans in Baton Rouge
| Rank | Industry | # Loans | Avg Loan | Avg Interest |
|---|---|---|---|---|
| 2 | All Other Amusement and Recreation Industries | 2 | $167,500 | 10.3% |
| 5 | Beauty Salons | 2 | $233,650 | 12.6% |
| 3 | Child Care Services | 7 | $320,614 | 10.3% |
| 4 | Clothing and Clothing Accessories Retailers | 6 | $142,000 | 11.3% |
| 2 | Fine Arts Schools | 2 | $150,000 | 10.3% |
| 1 | Food Service Contractors | 2 | $150,000 | 12.9% |
| 5 | Full-Service Restaurants | 9 | $742,044 | 11.3% |
| 4 | Home Health Care Services | 3 | $166,667 | 10.3% |
| 4 | Hotels (except Casino Hotels) and Motels | 2 | $2,414,500 | 8.8% |
| 1 | Industrial Supplies Merchant Wholesalers | 19 | $2,381,579 | 8.6% |
| 4 | Insurance Agencies and Brokerages | 6 | $275,000 | 10.5% |
| 3 | Offices of Certified Public Accountants | 6 | $210,333 | 10.2% |
| 3 | Offices of Chiropractors | 2 | $1,827,500 | 9.1% |
| 4 | Offices of Dentists | 2 | $772,500 | 9.5% |
| 4 | Offices of Physicians (except Mental Health Specialists) | 2 | $284,150 | 9.9% |
| 2 | Offices of Physicians, Mental Health Specialists | 2 | $221,500 | 9.5% |
| 3 | Other Services to Buildings and Dwellings | 2 | $272,600 | 9.3% |
| 2 | Roofing Contractors | 2 | $175,000 | 10.8% |
| 2 | Security Systems Services (except Locksmiths) | 2 | $966,500 | 7.2% |
| 1 | Sports and Recreation Instruction | 3 | $377,100 | 9.6% |
| 2 | Used Car Dealers | 13 | $171,154 | 11.3% |
| 1 | Veterinary Services | 2 | $1,642,000 | 7.7% |
Connect me to a Baton Rouge lender!
Many entrepreneurs search SbaLenders.com for “business loans near me” or “SBA lenders near me,” but the reality is often times the best banks for Baton Rouge SBA loans are not local but national SBA preferred lenders. Connect with us and we can connect you today with local or national SBA banks that are small business loan experts.