SHANE PIERSON · SBA DATA
SBA by City · New Orleans, LA

SBA Lending in New Orleans, Louisiana

Businesses in New Orleans, LA have drawn 1,800 SBA 7(a) loans worth $466M, and annual volume has fallen 4% versus the prior decade.

1,800
7(a) loans
$466M
Approved dollars
$258,950
Average loan size
#1
Rank in Louisiana
-4%
Annualized vs prior decade
13.1%
Active-loan distress

New Orleans is the #1 SBA 7(a) market in Louisiana and #89 in the country. Since 1991 lenders have approved 1,800 loans here worth $466M, averaging $258,950 each. Annual approval volume has fallen 4% between FY2013-2019 and FY2020-2026. 13.1% of the active book is delinquent, past due, or in liquidation. The most-funded local business type is full-service restaurants.

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7(a) loans only, approved and not cancelled, gross basis, grouped by the borrower's city as filed. Distress is the current share of the active book in delinquent, past-due, or liquidation status. Approval is not funding. FOIA record as of March 31, 2026.