SBA Loans for Remediation Services in Louisiana: Top Lenders

NAICS 562

NAICS 562 covers remediation services businesses in Louisiana. Based on historical SBA 7(a) lending data.

Total Approvals

9

in Louisiana

Median Loan Size

$158,400

per approval

Recent Activity

0

last 90 days through Aug 2024

NAICS 562 covers remediation services businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $158,400.

Key trends & insights

  • Remediation Services in Louisiana lending is concentrated — THE Huntington National Bank, Bonvenu Bank, National Association, Liberty Bank AND Trust Company together account for 56% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 2 approvals (22% market share) and a median loan of $117,500.
  • Remediation Services in Louisiana loans skew smaller than the SBA average at $158,400 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2024-08-15 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Remediation Services in Louisiana

#LenderApprovalsMedian Size
12$117,500
22$111,050
31$158,400
41$50,000
51$100,000
61$350,000
71$400,000

Recent SBA 7(a) approvals for Remediation Services in Louisiana

MonthLenderBorrowerAmount
2024-08First Bank of the LakeT &*****LLC$350,000
2024-07Readycap Lending, LLCD &*****LLC$50,000
2023-05The Huntington National BankSen*****LLC$40,000
2023-05The Huntington National BankSen*****LLC$195,000
2023-03Bonvenu Bank NARed*****LLC$172,100
2023-03Bonvenu Bank NARed*****LLC$50,000
2022-07Liberty Bank and Trust CompanyNor*****LLC$158,400
2021-08South Louisiana BankYEL*****LLC$400,000
2020-03Cadence BankGO *****LLC$100,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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