Local lending data
Who lends to businesses in Jefferson Parish?
211 SBA 7(a) loans went to businesses in Jefferson Parish recently, at a median of $150,000. The lenders that made them, ranked, with local rates and startup share.
211 SBA 7(a) loans went to businesses in Jefferson Parish in the most recent fiscal years, at a median of $150,000. The most active lender was Newtek Bank, with 22 loans.
SBA lending in Jefferson Parish, by the numbers
Every figure here is computed from SBA 7(a) loan-level FOIA data released 2026-06-30 — loans that were actually approved to businesses in this county, not advertised ranges.
| Measure | Jefferson Parish | Louisiana | National |
|---|---|---|---|
| Loans approved | 211 | 1,610 | 214,102 |
| Median loan | $150,000 | $200,000 | $150,000 |
| 25th - 75th percentile | $90,000 - $407,500 | $100,000 - $568,250 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 10.75% | 10.50% | 10.25% |
| Share to startups | 19.0% | 34.3% | 33.6% |
| Charge-off rate, FY2010-19 | 7.8% | 8.7% | 7.1% |
| Jobs supported | 2,403 | 18,478 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Jefferson Parish. The median, startup share and rate columns describe each lender's own loans in this county, not its national averages.
| Lender | Loans | Median loan | Startup share | Median rate |
|---|---|---|---|---|
| Newtek Bank | 22 | $150,000 | 4% | 11.00% |
| BayFirst National Bank | 20 | $150,000 | 0% | 12.25% |
| JPMorgan Chase Bank | 17 | $100,000 | 6% | 14.00% |
| Northeast Bank | 16 | $70,700 | 6% | 10.75% |
| Hancock Whitney Bank | 14 | $443,750 | 43% | 10.50% |
| Readycap Lending, LLC | 13 | $36,500 | 0% | 14.00% |
| Fidelity Bank | 11 | $125,000 | 18% | 9.50% |
| American Bank | 11 | $750,000 | 27% | 10.75% |
| The Huntington National Bank | 10 | $170,000 | 60% | 10.50% |
| b1BANK | 8 | $375,000 | 38% | 9.50% |
What stands out here
Reading these figures 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.
- This is a hard market for new businesses. Only 19% of these loans went to startups, against 34% nationally. If you are pre-revenue, work from the startup table below rather than the main list.
- No single lender dominates, but the top three made 28% of these loans, so the shortlist below covers most of the active market.
- Rates run higher here. The median initial rate of 10.75% is 0.50 points above the 10.25% national median, which usually tracks loan size and perceived sector risk rather than geography.
Who borrows in Jefferson Parish
The mix of industries taking SBA loans here, led by construction.
| Sector | Loans | Share |
|---|---|---|
| Construction | 40 | 19.0% |
| Personal Services | 33 | 15.6% |
| Retail | 22 | 10.4% |
| Healthcare | 22 | 10.4% |
| Restaurants and Hotels | 22 | 10.4% |
| Professional Services | 15 | 7.1% |
| Arts and Recreation | 12 | 5.7% |
| Admin Services | 10 | 4.7% |
How to use this
- Shortlist three lenders from the table whose median loan in this county is close to what you need. Size match matters more than brand.
- 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 your cash flow supports.
- Follow your sector link in the table above for lender data specific to your industry across Louisiana.
Other counties in Louisiana
- Nearby markets with published data: East Baton Rouge Parish, Orleans Parish, Saint Tammany Parish, Lafayette Parish