SBA Loans for Insurance Agencies and Brokerages in Louisiana: Top Lenders

NAICS 524

NAICS 524 covers insurance agencies and brokerages businesses in Louisiana. Based on historical SBA 7(a) lending data.

Total Approvals

in Louisiana

Median Loan Size

$812,250

per approval

Recent Activity

last 90 days through Jun 2022

NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $812,250.

Key trends & insights

Insurance Agencies and Brokerages in Louisiana lending is concentrated — Readycap Lending, LLC, Optus Bank, MVB Bank, INC. together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
Readycap Lending, LLC leads this industry with 1 approvals (25% market share) and a median loan of $1,289,500.
Insurance Agencies and Brokerages in Louisiana loans run larger than the SBA average — a $812,250 median vs. ~$450,000 across all industries. These businesses typically need more capital.
SBA data for this industry goes through 2022-06-23 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Insurance Agencies and Brokerages in Louisiana

#	Lender	Approvals	Median Size	Recent
1	Readycap Lending, LLC	1	$1,289,500	—
2	Optus Bank	1	$280,000	—
3	MVB Bank, INC.	1	$1,535,000	—
4	Live OAK Banking Company	1	$335,000	—

Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Louisiana

Month	Lender	Borrower	Location	Amount
2025-07	U.S. Bank, National Association	AJC*****LLC	WALKER, LA	$284,400
2024-11	Home Bank, National Association	Anc*****LLC	Lafayette, LA	$322,500
2024-10	Community Bank of Mississippi	Son*****nc.	METAIRIE, LA	$554,000
2024-08	Cadence Bank	AND*****INC	SHREVEPORT, LA	$200,000
2024-07	Capital Bank, National Association	Iro*****nc.	Baton Rouge, LA	$500,000
2024-06	Lake Forest Bank & Trust Company, National Association	NIC*****NC.	ABBEVILLE, LA	$3,385,000
2024-03	Readycap Lending, LLC	Mat*****LLC	Ragley, LA	$15,000
2023-06	Red River Bank	THE*****LLC	ALEXANDRIA, LA	$255,600
2023-06	Patriot Bank, National Association	Cla*****LLC	BATON ROUGE, LA	$1,298,000
2023-02	Celtic Bank Corporation	GU***NTS	Lafayette, LA	$33,000
2023-01	Oconee State Bank	Con*****LLC	TERRYTOWN, LA	$467,000
2022-06	MVB Bank, Inc.	NAS*****LLC	VILLE PLATTE, LA	$1,535,000
2022-02	Live Oak Banking Company	Kel*****LLC	LAKE CHARLES, LA	$335,000
2021-09	Hancock Whitney Bank	Jen*****LLC	JEANERETTE, LA	$100,000
2021-06	Live Oak Banking Company	Har*****LLC	DERIDDER, LA	$805,000
2021-04	Carter FCU	Bak*****LLC	Shreveport, LA	$335,000
2021-02	Readycap Lending, LLC	Rho*****orp	Harvey, LA	$1,289,500
2021-02	Gulf Coast Bank	Apr*****LLC	Lafayette, LA	$96,000
2020-12	United Midwest Savings Bank National Association	The*****LLC	Metairie, LA	$773,000
2020-12	Newtek Small Business Finance, Inc.	Son*****nc.	METAIRIE, LA	$50,000
2020-12	Hancock Whitney Bank	Ben*****LLC	NEW IBERIA, LA	$100,000
2020-11	Essential Credit Union	Mea*****LLC	PRAIRIEVILLE, LA	$100,000
2020-09	Pathward National Association	KHB*****LLC	Baton Rouge, LA	$325,000
2020-09	Citizens Bank	Dra*****LLC	LAFAYETTE, LA	$326,000
2020-09	Cross Keys Bank	New*****LLC	Shreveport, LA	$245,000
2020-06	United Bank of Philadelphia	All*****LLC	Baton Rouge, LA	$155,000
2020-04	United Midwest Savings Bank National Association	Zea*****LLC	HOUMA, LA	$700,000
2020-03	Rayne State Bank & Trust Company	Ann*****gue	Lafayette, LA	$150,000
2020-02	Signature Bank of Georgia	ML *****LLC	LAKE CHARLES, LA	$259,000
2019-12	Optus Bank	Gui*****LLC	Lake Charles, LA	$280,000

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

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