Best New Orleans, LA SBA Lenders & Rates of 2026

Compare 23 SBA lenders in New Orleans, LA. $30.4M funded across 71 businesses. Average rate 10.75%. Get matched free.

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Best New Orleans, LA SBA Lenders & Rates of 2026

$30.4M
Total Funded

71
Loans Approved

$429K
Avg Loan Size

10.75%
Avg Interest Rate

23
Active Lenders

SBA Loans in New Orleans, LA

New Orleans, LA businesses received $30.4M in SBA 7(a) loan approvals across 71 businesses in 2025. With 23 active SBA lenders competing for business in New Orleans, understanding which banks offer the best rates can save you tens of thousands of dollars.

💡 Key Insight: The average SBA loan in New Orleans is $429K, with rates averaging 10.75%. Rates vary significantly by lender—comparing offers can save you $50,000+ over the life of your loan.

New Orleans SBA Loans by Business Type

🚀 Startups
25%
$12.4M • 18 loans

🏢 Existing Businesses
68%
$12.1M • 48 loans

🔄 Acquisitions
7%
$5.9M • 5 loans

Top SBA Lenders in New Orleans, LA (2025)

Based on official SBA data analyzed by GoSBA Loans, these are the banks that funded the most SBA 7(a) loans to New Orleans businesses:

RankLenderVolumeLoansAvg Rate
1 Live Oak Banking Company$7.0M99.61%
2 Newtek Bank, National Association$5.3M1811.54%
3 Gulf Coast Bank and Trust Company$4.6M39.92%
4 Hancock Whitney Bank$3.8M49.81%
5 Celtic Bank Corporation$1.5M210.00%
6 Northeast Bank$1.3M1110.75%
7 Peoples Bank$1.1M210.25%
8 The Citizens National Bank of Meridian$1.1M310.25%
9 Port 51 Lending LLC$798K110.00%
10 Community Bank & Trust-West Georgia$722K110.25%
11 First Internet Bank of Indiana$633K110.25%
12 b1BANK$423K110.00%
13 First Horizon Bank$360K19.50%
14 The Huntington National Bank$351K210.50%
15 Grasshopper Bank National Association$350K112.00%
16 Atlantic Union Bank$330K110.25%
17 BayFirst National Bank$206K212.25%
18 United Midwest Savings Bank National Association$120K110.25%
19 Readycap Lending, LLC$118K313.83%
20 JPMorgan Chase Bank, National Association$100K110.15%
21 Bankwell Bank$100K112.00%
22 Liberty Bank and Trust Company$80K19.50%
23 Fidelity Bank$75K19.50%

Top Industries in New Orleans

Here are the industries that received the most SBA funding in New Orleans:

Full-Service Restaurants

$3.9M
Volume

4
Loans

Veterinary Services

$2.5M
Volume

1
Loans

Public Relations Agencies

$2.2M
Volume

2
Loans

Amusement Arcades

$977K
Volume

1
Loans

Other Airport Operations

$798K
Volume

1
Loans

Other Waste Collection

$795K
Volume

1
Loans

Advertising Agencies

$722K
Volume

1
Loans

Limited-Service Restaurants

$692K
Volume

3
Loans

SBA Loans in Louisiana

New Orleans is part of Louisiana‘s SBA lending market. For statewide data and more lender options, see our full Louisiana SBA Lenders guide.

🤝 Why Use an SBA Broker in New Orleans?

GoSBA Loans helps New Orleans businesses access the best SBA lenders:

  • Access 23+ lenders — including many that don’t accept direct applications
  • Local market expertise — we know which lenders are most active in New Orleans
  • Rate comparison — get competing offers to secure the best terms
  • Free service — lenders pay us, you pay nothing extra

📞 Get Expert Help with Your New Orleans SBA Loan

Our team has helped hundreds of New Orleans businesses secure SBA financing. Let us match you with the right lender.

Looking for SBA loan help in New Orleans? GoSBA Loans is a trusted SBA loan broker serving businesses in New Orleans and across Louisiana. Contact our New Orleans SBA specialists today for a free consultation.

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Ishan Jetley

Ishan Jetley is the owner of GoSBA Loans. I have assisted 100's of businesses with their business loans. I specialize in SBA financing for working capital, real estate and business acquisitions.
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