SBA Loans for Industrial Machinery and Equipment Merchant Wholesalers in Louisiana: Top Lenders

NAICS 423

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses in Louisiana. Based on historical SBA 7(a) lending data.

Total Approvals

11

in Louisiana

Median Loan Size

$200,000

per approval

Recent Activity

0

last 90 days through Apr 2025

NAICS 423 covers industrial machinery and equipment merchant wholesalers businesses. This is a smaller category in SBA 7(a) lending with 11 approvals on record and a median loan size of $200,000.

Key trends & insights

  • Capital One, National Association leads this industry with 2 approvals (18% market share) and a median loan of $825,550.
  • Industrial Machinery and Equipment Merchant Wholesalers in Louisiana loans skew smaller than the SBA average at $200,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.

Most active SBA lenders for Industrial Machinery and Equipment Merchant Wholesalers in Louisiana

Recent SBA 7(a) approvals for Industrial Machinery and Equipment Merchant Wholesalers in Louisiana

MonthLenderBorrowerAmount
2025-04Newtek Bank, National AssociationMon*****rts$79,000
2025-02Lendistry SBLC, LLCBAY*****LLC$252,700
2024-12American Momentum BankWes*****LLC$616,500
2024-02Readycap Lending, LLCEAG*****LLC$50,000
2023-12BayFirst National BankDC *****LLC$150,000
2023-01JPMorgan Chase Bank, National AssociationF&L****.C.$200,000
2021-08Rayne State Bank & Trust Company300*****LLC$2,080,000
2021-08Ohnward Bank & TrustCor****Inc$1,395,000
2020-08Southern Heritage BankQua*****LLC$200,000
2020-02Capital One, National AssociationMul*****Inc$1,551,100
2020-02Capital One, National AssociationMul*****Inc$100,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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