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BUSINESSES UNDER TWO YEARS OLD

SBA lenders that fund brand-new businesses in Louisiana

Over the last five years 891 SBA loans in Louisiana went to businesses under two years old, 36% of every approval in the state (4 points above the national rate). 552 of them were loans that opened the business in the first place.

Loans to new businesses
891
last 5 years
Lenders that said yes
114
active in Louisiana
Median approval
$300K
$108K – $767K typical
Typical term
13 yr
98% were 7(a)

The 15 most active startup lenders in Louisiana

Every lender here has approved loans for businesses under two years old in Louisiana. The percentage is how much of their Louisiana lending went to new businesses, which tells you whether they do it routinely or made an exception.

1
Covington, LA
New-business loans
112
Share of their LA lending
55%
Typical loan
$667K
Last approval
Mar 2026
2
Columbus, OH
New-business loans
72
Share of their LA lending
58%
Typical loan
$438K
Last approval
Jan 2026
3
Baton Rouge, LA
New-business loans
64
Share of their LA lending
55%
Typical loan
$693K
Last approval
Feb 2026
4
Gulfport, MS
New-business loans
60
Share of their LA lending
50%
Typical loan
$518K
Last approval
Mar 2026
5
Miami, FL
New-business loans
32
Share of their LA lending
15%
Typical loan
$349K
Last approval
Mar 2026
6
De Graff, OH
New-business loans
31
Share of their LA lending
84%
Typical loan
$376K
Last approval
Nov 2025
7
Springhill, LA
New-business loans
27
Share of their LA lending
87%
Typical loan
$388K
Last approval
Jul 2025
8
Abbeville, LA
New-business loans
26
Share of their LA lending
39%
Typical loan
$777K
Last approval
Mar 2026
9
Mandeville, LA
New-business loans
25
Share of their LA lending
44%
Typical loan
$411K
Last approval
Mar 2026
10
El Dorado, AR
New-business loans
23
Share of their LA lending
52%
Typical loan
$1.8M
Last approval
Jan 2026
11
Mendenhall, MS
New-business loans
20
Share of their LA lending
80%
Typical loan
$2.2M
Last approval
Mar 2026
12
New Orleans, LA
New-business loans
17
Share of their LA lending
68%
Typical loan
$967K
Last approval
Jan 2026
13
Osage Beach, MO
New-business loans
16
Share of their LA lending
64%
Typical loan
$859K
Last approval
Mar 2026
14
Elizabethton, TN
New-business loans
16
Share of their LA lending
59%
Typical loan
$745K
Last approval
Feb 2026
15
Salt Lake City, UT
New-business loans
13
Share of their LA lending
27%
Typical loan
$477K
Last approval
Feb 2026
Ranked from public SBA approvals, not from lender marketing. Being listed is not an endorsement or a promise of approval, and no lender can pay to appear here.