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Louisiana Small Business Loan Program

Louisiana Economic Development (LED)LA-SBLRefreshed 1 month ago
Do I qualify?
Max funding

$1.5M

per applicant

Type

Loan

Below-market financing

Deadline

Rolling

No fixed cutoff

Timing

Rolling

Apply when you're ready

Complexity

Moderate

Underwriting required

About This Program

Low-interest small business loans of $5,000–$1.5 million through LED's Small Business Assistance Program. Supports Louisiana companies creating jobs with working capital, equipment, and business acquisition loans at rates below conventional lenders.

Key Requirements & Eligibility

  • 1Louisiana-based small business (under 250 employees)
  • 2Loan: $5,000–$1.5 million at below-market interest rates
  • 3Must demonstrate job creation or retention
  • 4Personal guarantee from principal owners required
  • 5Cannot be used to refinance existing debt

Do I qualify?

Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Louisiana-based small business (under 250 employees)

2.Loan: $5,000–$1.5 million at below-market interest rates

3.Must demonstrate job creation or retention

4.Personal guarantee from principal owners required

5.Cannot be used to refinance existing debt

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