SBA acquisition lenders in Louisiana

Louisiana borrowers closed 106 SBA change-of-ownership loans from FY2025 to FY2026 Q3: $133M approved, a median deal of $875,000, and a median initial rate of 9.50%.

Loans
106

FY2025 to FY2026 Q3

Approved
$133M

gross approvals

Median deal
$875,000

national $709,300

Median rate
9.50%

national 9.25%

Charged off
2.82%

142 FY2020-22 loans

Charge-off means SBA wrote the loan off as a loss. The rate covers the FY2020-22 approval cohort, not the window above, because recent loans have had less time to go bad, and is shown only for states with 100 or more cohort loans. Charge-off rates by lender

Most active lenders in Louisiana

Ranked by change-of-ownership loans closed in Louisiana, FY2025 to FY2026 Q3. Medians cover in-state loans only.

RankLenderLoans in LAMedian sizeMedian rate
1Hancock Whitney Bank13$534,00010.00%
2Huntington National Bank12$1,330,4009.38%
3Live Oak Banking Company10$897,5008.88%
4American Bank7$985,0009.50%
5Gulf Coast Bank and Trust Company5$1,500,0009.50%

Lenders with fewer than 5 Louisiana loans in the window are not listed: medians from a handful of loans are not meaningful. The full national ranking is in the lender directory.

The median initial rate on Louisiana acquisition loans, 9.50%, is above the national median of 9.25% for the same window.