Louisiana Small Business Loan Program

About This Program

Below-market loans for Louisiana small businesses unable to access conventional financing, supporting startup and expansion of companies creating jobs across the state, especially in economically distressed parishes.

Key Requirements & Eligibility

• 1Business must be a Louisiana small business (fewer than 100 employees)
• 2Must be unable to obtain conventional financing at reasonable terms
• 3Loan amounts: $5,000–$250,000 at below-market interest rates
• 4Must create at least 1 new full-time job per $50,000 borrowed
• 5Priority for businesses in rural parishes and economically distressed areas