SBA Loans – New Orleans

Last update: Apr 19, 2024

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Small business loans in New Orleans are available from many SBA lenders. Here are the most active New Orleans SBA lenders:

Top SBA Lenders in New Orleans

RankSBA LenderHeadquarters# Loans Avg LoanAvg Interest
1American BankCOVINGTON, LA14 $271,29310.8%
2Hancock Whitney BankGULFPORT, MS8 $340,62510.8%
3Newtek BankMiami, FL6 $129,16713.1%
4Noah BankMiami, FL6 $129,16713.1%
5BayFirst National BankSaint Petersburg, FL5 $138,20012.3%
6JPMorgan Chase BankCOLUMBUS, OH4 $196,25013.0%
7Readycap Lending, LLCBERKELEY HEIGHTS, NJ3 $251,50012.5%
8BancorpSouth BankTUPELO, MS2 $290,00010.8%
9Citizens BankELIZABETHTON, TN2 $317,00011.3%
10Fidelity BankMandeville, LA2 $14,75011.9%
11First Internet Bank of IndianaFISHERS, IN2 $1,040,50010.6%
12Huntington BankCOLUMBUS, OH2 $157,00010.5%

Top Industries for SBA Loans in New Orleans

RankIndustry# Loans Avg LoanAvg Interest
1Baked Goods Stores4 $48,62511.9%
2Full-Service Restaurants4 $336,07510.7%
3All Other Specialty Trade Contractors3 $154,00011.4%
4All Other Personal Services2 $550,00011.0%
5Beauty Salons2 $152,50010.3%
6Distilleries2 $350,00011.3%
7General Freight Trucking, Long Distance, Truckload2 $275,00010.5%
8Offices of Lawyers2 $150,00011.0%
9Other Activities Related to Real Estate2 $50,00015.0%
10Other Sound Recording Industries2 $50,00015.0%

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 New Orleans 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.

  Connect me to a NOLA lender!