New iberia, LA — PPP Loan Data
3,095 loans · $183.8M total · 88.3% forgiven
New iberia, Louisiana received 3,095 Paycheck Protection Program loans totaling $183.8M. The average loan in the city was $59,376 — above the national program average of approximately $67,000.
88.3% of loans in New iberia — totaling $174.0M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.
Among the largest disclosed recipients in New iberia were REME, LLC ($7,477,900), CARDINAL SERVICES, LLC ($4,222,527), and FLUID CRANE & CONSTRUCTION, INC. ($2,679,787).
The most active industry sector in New iberia was Personal Care Services with 327 loans worth $4.8M, followed by Services to Buildings and Dwellings (156 loans).
Applicants in New iberia reported retaining 17,777 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.
New iberia is part of Louisiana, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.
Top Industries in New iberia
| Industry | Loans | Total Approved | Forgiveness Rate |
|---|---|---|---|
| Personal Care ServicesNAICS 8121 | 327 | $4.8M | 81.0% |
| Services to Buildings and DwellingsNAICS 5617 | 156 | $4.0M | 73.7% |
| Residential Building ConstructionNAICS 2361 | 98 | $1.8M | 83.7% |
| General Freight TruckingNAICS 4841 | 94 | $1.7M | 86.2% |
| Mining, Quarrying, and Oil and Gas ExtractionNAICS 2131 | 84 | $42.5M | 97.6% |
| Automotive Repair and MaintenanceNAICS 8111 | 83 | $3.3M | 85.5% |
| Special Food ServicesNAICS 7223 | 69 | $1.4M | 72.5% |
| Accommodation and Food ServicesNAICS 7225 | 67 | $3.4M | 97.0% |
| Other Professional, Scientific, and Technical ServicesNAICS 5419 | 63 | $3.4M | 90.5% |
| Clothing and Clothing Accessories RetailersNAICS 4481 | 63 | $2.0M | 76.2% |
Largest Named Recipients in New iberia
Only loans ≥ $150,000 have publicly disclosed borrower names.