SBA lending by district
SBA lending in LA-03
SBA 7(a) and 504 financing in Louisiana's 3rd district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 1,459
- Total funded
- $859.2M
- Average loan
- $589K
- 7(a) charge-off
- 5.5%
Borrowers in Louisiana's 3rd district took 1,459 SBA loans worth $859.2M since FY2010, averaging $589K. Of the 1,284 7(a) loans, 5.5% have charged off. See the rest of Louisiana.
SBA funded volume by fiscal year
Top SBA lenders in LA-03
- 1. Gulf Coast Bank $100.0M
- 2. Louisiana Capital Certified Development Company, Inc. $88.1M
- 3. Rayne State Bank & Trust Company $54.2M
- 4. Home Bank, National Association $38.4M
- 5. Live Oak Banking Company $37.5M
- 6. Newtek Small Business Finance, Inc. $37.0M
- 7. JPMorgan Chase Bank, National Association $36.2M
- 8. Peoples Bank $26.1M
- 9. b1BANK $24.5M
- 10. Hancock Whitney Bank $23.1M
Method. SBA 7(a) and 504 loans the SBA recorded in LA-03,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.