Lending data
Who actually lends to administrative and support businesses in Louisiana?
88 SBA 7(a) loans went to administrative and support businesses in Louisiana recently, at a median of $150,000. Here are the lenders that made them, ranked.
88 SBA 7(a) loans went to administrative and support businesses in Louisiana in the most recent fiscal years. The median was $150,000 over 10 years. The most active lender was First Bank of the Lake, with 8 loans.
What lending to administrative and support businesses in Louisiana actually looks like
Every figure on this page is computed from SBA 7(a) loan-level FOIA data released 2026-06-30. It reflects loans that were actually approved, not rate cards or advertised ranges.
| Measure | Administrative and support services, Louisiana | All 7(a) borrowers |
|---|---|---|
| Loans approved | 88 | 214,102 |
| Median loan | $150,000 | $150,000 |
| 25th - 75th percentile | $50,000 - $395,500 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.50% | 10.25% |
| Share to startups | 36.4% | 33.6% |
| Charge-off rate, FY2010-19 cohort | 8.8% | 7.1% |
Which lenders actually funded them
Ranked by loans approved to administrative and support businesses in Louisiana. This is the list worth working from, because a lender that has funded dozens of businesses like yours in your state has seen your file before.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| First Bank of the Lake | 8 | $281,250 | 50% | 10.25% |
| United Midwest Savings Bank | 7 | $150,000 | 100% | 10.25% |
| JPMorgan Chase Bank | 7 | $100,000 | 14% | 13.15% |
| American Bank | 5 | $500,000 | 20% | 8.75% |
| Hancock Whitney Bank | 5 | $275,000 | 60% | 10.75% |
| Readycap Lending, LLC | 5 | $25,000 | 0% | 15.00% |
| The Huntington National Bank | 4 | $147,500 | 75% | 10.62% |
| First Horizon Bank | 3 | $476,600 | 0% | 10.50% |
| Northeast Bank | 3 | $40,000 | 0% | 11.25% |
| Planters Bank and Trust Company | 3 | $50,000 | 33% | 10.90% |
What stands out in this market
Reading the figures above against the national picture:
- Loan sizes are typical. The median of $150,000 is within a few percent of the $150,000 national median across all 7(a) borrowers, so nothing about this market is unusual on size.
- Startup share is about average, at 36% against 34% nationally.
- No single lender dominates, but the top three made 25% of these loans, so the shortlist below covers most of the active market.
Which of them lend to new businesses
Of those loans, 36.4% went to businesses the SBA classes as startups — new, under two years old, or opening with the proceeds. These are the lenders in this market that actually wrote them.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| United Midwest Savings Bank | 7 | $150,000 | 100% | 10.25% |
| First Bank of the Lake | 4 | $281,250 | 50% | 10.25% |
| The Huntington National Bank | 3 | $147,500 | 75% | 10.62% |
| Hancock Whitney Bank | 3 | $275,000 | 60% | 10.75% |
| Bonvenu Bank | 2 | $111,050 | 100% | 9.62% |
How to use this
- Shortlist three lenders from the table whose median loan is close to what you need.
- Ask each whether they are a Preferred Lender and how many 7(a) loans they closed last year. See choosing an SBA lender.
- Check your coverage first with the affordability calculator so you ask for a number the cash flow supports.
- Assemble the package before you call. The document checklist is the single biggest thing you control.
Compare other markets
- Other sectors in Louisiana: construction, restaurants and hotels, retail, healthcare, personal services, professional services
- Admin Services in comparable states: Maine, Kentucky, Kansas, Oklahoma, Nebraska, Iowa