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Louisiana Small Business Loan Program

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

$250K

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

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

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.Business must be a Louisiana small business (fewer than 100 employees)

2.Must be unable to obtain conventional financing at reasonable terms

3.Loan amounts: $5,000–$250,000 at below-market interest rates

4.Must create at least 1 new full-time job per $50,000 borrowed

5.Priority for businesses in rural parishes and economically distressed areas

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