Louisiana — PPP Loan Data
217,315 approved loans · $12.19B total · 89.4% forgiven
Louisiana ranked among the states receiving PPP assistance during the COVID-19 pandemic. In total, the SBA approved 217,315 loans totaling $12.19B to businesses and organizations across the state. The average loan size was $56,098.
Of all approved loans, 194,198 — or 89.4% — received SBA forgiveness totaling $11.69B. Forgiveness means the borrower was not required to repay that portion, having met the program's requirements for maintaining payroll and using funds for qualified expenses such as rent, utilities, and mortgage interest.
Among the largest recipients in Louisiana were UP PROFESSIONAL SOLUTIONS, LLC ($10,000,000), DYNAMIC INDUSTRIES, INC. ($10,000,000), and BLESSEY MARINE SERVICE, INC. ($10,000,000).
Borrowers in Louisiana reported retaining 1,403,725 jobs through the program, though job counts are self-reported and were not independently verified at the time of application. The state's businesses spanned a wide range of industries, from construction and hospitality to professional services and health care.
The most active industry in Louisiana by loan count was Personal Care Services with 23,604 loans totaling $366.8M. This was followed by Services to Buildings and Dwellings (9,474 loans).
The most active lender in Louisiana was PRESTAMOS CDFI, which originated 21,250 loans worth $351.9M. The top 10 lenders collectively handled a significant portion of the state's total loan volume, reflecting the role of large national banks as primary conduits for PPP funds.
Loans under $150,000 — which make up the majority of loan count — have borrower names withheld under FOIA Exemption 6. Only the approximately 0.0% of loans at or above that threshold have named recipients publicly disclosed.
Top Cities in Louisiana
| City | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| NEW ORLEANS | 27,348 | $1.69B | 87.0% |
| BATON ROUGE | 22,848 | $1.48B | 87.2% |
| SHREVEPORT | 12,973 | $679.2M | 88.3% |
| LAFAYETTE | 9,720 | $744.3M | 93.8% |
| METAIRIE | 8,294 | $613.2M | 93.1% |
| HOUMA | 5,670 | $386.0M | 88.9% |
| MONROE | 4,945 | $263.9M | 87.9% |
| LAKE CHARLES | 4,767 | $324.8M | 92.2% |
| SLIDELL | 3,935 | $161.8M | 89.4% |
| KENNER | 3,189 | $171.6M | 89.5% |
| NEW IBERIA | 3,095 | $183.8M | 88.3% |
| BOSSIER CITY | 3,084 | $168.4M | 90.7% |
| HAMMOND | 3,043 | $153.1M | 86.9% |
| THIBODAUX | 2,964 | $101.4M | 86.5% |
| COVINGTON | 2,918 | $225.2M | 94.9% |
| HARVEY | 2,796 | $128.4M | 84.5% |
| MARRERO | 2,599 | $68.7M | 83.4% |
| GRETNA | 2,594 | $98.0M | 86.1% |
| ALEXANDRIA | 2,520 | $163.6M | 88.4% |
| MANDEVILLE | 2,515 | $169.5M | 95.7% |
| GONZALES | 2,164 | $122.9M | 88.4% |
| WEST MONROE | 2,142 | $138.3M | 93.9% |
| DENHAM SPRINGS | 2,079 | $93.4M | 90.2% |
| LA PLACE | 1,690 | $54.3M | 84.1% |
| RUSTON | 1,530 | $100.5M | 91.2% |
Top Industries
| Industry | Loans | Total |
|---|---|---|
| Personal Care Services | 23,604 | $366.8M |
| Services to Buildings and Dwellings | 9,474 | $212.0M |
| Accommodation and Food Services | 7,277 | $811.2M |
| Residential Building Construction | 5,822 | $161.7M |
| General Freight Trucking | 5,770 | $171.5M |
| Special Food Services | 5,325 | $138.3M |
| Legal Services | 5,255 | $385.8M |
| Other Personal Services | 4,643 | $94.1M |
| Management, Scientific, and Technical Consulting Services | 4,340 | $187.9M |
| Clothing and Clothing Accessories Retailers | 4,328 | $88.5M |
Top Lenders
| Lender | Loans | Total |
|---|---|---|
| PRESTAMOS CDFI | 21,250 | $351.9M |
| CAPITAL PLUS FINANCIAL | 16,110 | $266.9M |
| HANCOCK WHITNEY BANK | 12,864 | $1.93B |
| HARVEST SMALL BUSINESS FINANCE | 9,340 | $142.1M |
| BENWORTH CAPITAL | 8,569 | $113.4M |
| JPMORGAN CHASE BANK | 7,376 | $856.2M |
| BSD CAPITAL, LLC DBA LENDISTRY | 5,833 | $103.8M |
| CROSS RIVER BANK | 5,763 | $133.1M |
| IBERIABANK | 5,169 | $605.5M |
| REGIONS BANK | 5,031 | $420.4M |
Largest Named Recipients in Louisiana
Showing loans ≥ $150,000 with publicly disclosed borrower names.