Local lending data
Who lends to businesses in Saint Tammany Parish?
168 SBA 7(a) loans went to businesses in Saint Tammany Parish recently, at a median of $250,000. The lenders that made them, ranked, with local rates and startup share.
168 SBA 7(a) loans went to businesses in Saint Tammany Parish in the most recent fiscal years, at a median of $250,000. The most active lender was American Bank, with 50 loans.
SBA lending in Saint Tammany 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 | Saint Tammany Parish | Louisiana | National |
|---|---|---|---|
| Loans approved | 168 | 1,610 | 214,102 |
| Median loan | $250,000 | $200,000 | $150,000 |
| 25th - 75th percentile | $98,125 - $588,750 | $100,000 - $568,250 | $50,000 - $500,000 |
| Median term | 10 years | 10 years | 10 years |
| Median initial rate | 10.50% | 10.50% | 10.25% |
| Share to startups | 40.5% | 34.3% | 33.6% |
| Charge-off rate, FY2010-19 | 8.3% | 8.7% | 7.1% |
| Jobs supported | 2,517 | 18,478 | 2,142,602 |
Which lenders actually funded them
Ranked by loans approved to businesses in Saint Tammany 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 |
|---|---|---|---|---|
| American Bank | 50 | $350,000 | 40% | 10.50% |
| Hancock Whitney Bank | 11 | $256,000 | 64% | 10.00% |
| Northeast Bank | 11 | $83,000 | 0% | 10.25% |
| Readycap Lending, LLC | 11 | $50,000 | 18% | 14.00% |
| The Huntington National Bank | 9 | $135,000 | 89% | 11.00% |
| Fidelity Bank | 8 | $111,900 | 50% | 10.25% |
| Bonvenu Bank | 7 | $148,500 | 71% | 9.50% |
| Newtek Bank | 6 | $112,500 | 17% | 11.00% |
| BankFirst Financial Services | 5 | $194,700 | 20% | 10.50% |
| Gulf Coast Bank and Trust Company | 4 | $1,444,000 | 50% | 10.00% |
What stands out here
Reading these figures against the national picture:
- Loans here run larger than average. The median of $250,000 is 67% above the $150,000 national median. Expect lenders in this market to be geared toward bigger deals, and expect a small request to get less attention.
- Startup share is about average, at 40% against 34% nationally.
- One lender dominates. American Bank alone made 30% of these loans, and the top three made 43%. That concentration usually means a lender with a dedicated program for this sector — worth starting there, but get a second quote so you know the terms are competitive.
Who borrows in Saint Tammany Parish
The mix of industries taking SBA loans here, led by construction.
| Sector | Loans | Share |
|---|---|---|
| Construction | 42 | 25.0% |
| Restaurants and Hotels | 28 | 16.7% |
| Healthcare | 18 | 10.7% |
| Retail | 15 | 8.9% |
| Personal Services | 13 | 7.7% |
| Professional Services | 12 | 7.1% |
| Admin Services | 11 | 6.5% |
| Trucking | 6 | 3.6% |
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: Jefferson Parish, East Baton Rouge Parish, Orleans Parish, Lafayette Parish