South Louisiana Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by South Louisiana Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 213112 | Support Activities for Oil and Gas Operations | 5 | $1.0M | $202K | 3.1% |
| 812112 | Beauty Salons | 4 | $137K | $34K | 2.5% |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 4 | $270K | $68K | 2.5% |
| 332710 | Machine Shops | 4 | $228K | $57K | 2.5% |
| 621310 | Offices of Chiropractors | 3 | $124K | $41K | 1.9% |
| 423840 | Industrial Supplies Merchant Wholesalers | 3 | $600K | $200K | 1.9% |
| 541990 | All Other Professional, Scientific, and Technical Services | 3 | $230K | $77K | 1.9% |
| 713940 | Fitness and Recreational Sports Centers | 3 | $215K | $72K | 1.9% |
| 541211 | Offices of Certified Public Accountants | 2 | $65K | $33K | 1.2% |
| 327991 | Cut Stone and Stone Product Manufacturing | 2 | $300K | $150K | 1.2% |
Geographic Distribution
SBA lending activity for South Louisiana Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Louisiana (LA) | 161 | $19.7M | 99.4% |
| Alabama (AL) | 1 | $58K | 0.6% |
Why Choose South Louisiana Bank?
Based on SBA 7(a) lending track record from 1992-2024
- ✓Proven Track Record: 162 SBA loans approved, totaling $19.7M in financing
- ✓Industry Expertise: Specialized focus on Support Activities for Oil and Gas Operations, Beauty Salons, All Other Miscellaneous Fabricated Metal Product Manufacturing
- ✓Competitive Terms: Average interest rate of 6.89% with flexible term lengths averaging 76 months
- ✓Loan Range: Loan sizes from $9K to $900K, with an average of $122K
- ✓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 support activities for oil and gas operations, beauty salons, all other miscellaneous fabricated metal product manufacturing, machine shops. 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 6.89% and average term length of 76 months (approximately 6 years). Loan sizes range from $9K to $900K, with an average loan size of $122K.
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 162 SBA loans totaling $19.7M since 1992. 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?
Certified valuations are often required for SBA loans over $250,000.
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