South Louisiana Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by South Louisiana Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 487210 | Scenic and Sightseeing Transportation, Water | 16 | $3.9M | $243K | 11.8% |
| 332992 | Small Arms Ammunition Manufacturing | 16 | $665K | $42K | 11.8% |
| 812320 | Drycleaning and Laundry Services (except Coin-Operated) | 16 | $2.3M | $144K | 11.8% |
| 562119 | Other Waste Collection | 16 | $5.2M | $325K | 11.8% |
| 722513 | Limited-Service Restaurants | 16 | $1.4M | $86K | 11.8% |
| 722310 | Food Service Contractors | 8 | $680K | $85K | 5.9% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 8 | $2.1M | $268K | 5.9% |
| 621111 | Offices of Physicians (except Mental Health Specialists) | 8 | $2.8M | $350K | 5.9% |
| 541512 | Computer Systems Design Services | 8 | $800K | $100K | 5.9% |
| 541611 | Administrative Management and General Management Consulting Services | 8 | $800K | $100K | 5.9% |
Geographic Distribution
SBA lending activity for South Louisiana Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 128 | $24.6M | 94.1% |
| Alabama (AL) | 8 | $465K | 5.9% |
Why Choose South Louisiana Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 136 SBA loans approved, totaling $25.0M in financing
- ✓Industry Expertise: Specialized focus on Scenic and Sightseeing Transportation, Water, Small Arms Ammunition Manufacturing, Drycleaning and Laundry Services (except Coin-Operated)
- ✓Competitive Terms: Average interest rate of 6.80% with flexible term lengths averaging 118 months
- ✓Loan Range: Loan sizes from $30K to $489K, with an average of $184K
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in LA, AL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about South Louisiana Bank SBA lending
What types of businesses does South Louisiana Bank typically finance?
South Louisiana Bank specializes in SBA 7(a) lending to specific industries including scenic and sightseeing transportation, water, small arms ammunition manufacturing, drycleaning and laundry services (except coin-operated), other waste collection. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are South Louisiana Bank's typical SBA loan terms?
South Louisiana Bank's SBA 7(a) loans typically feature an average interest rate of 6.80% and average term length of 118 months (approximately 10 years). Loan sizes range from $30K to $489K, with an average loan size of $184K.
Do I need a business valuation for a South Louisiana Bank SBA loan?
Yes, South Louisiana Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does South Louisiana Bank compare to other SBA lenders?
South Louisiana Bank has originated 136 SBA loans totaling $25.0M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does South Louisiana Bank lend in?
South Louisiana Bank provides SBA 7(a) financing with particularly strong presence in LA, AL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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