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Limited-Service Restaurants: SBA acquisition loans in Louisiana
11 SBA-financed business acquisitions in Louisiana classified as Limited-Service Restaurants, FY2024–FY2026. Median loan $261K. See which lenders did them.
- Acquisitions financed
- 11
- Total approved
- $5.5M
- Median loan
- $261K
- Middle half of loans
- $192K to $744K
- Median starting rate
- 10.50%
- Median term
- 10 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 3 | 27% | $140K | $1.6M |
| 2 | Hancock Whitney Bank | 3 | 27% | $265K | $951K |
| 3 | Summit State Bank | 1 | 9% | $1.2M | $1.2M |
| 4 | Live Oak Banking Company | 1 | 9% | $955K | $955K |
| 5 | Landmark Bank | 1 | 9% | $261K | $261K |
| 6 | American Bank | 1 | 9% | $241K | $241K |
| 7 | Stearns Bank National Association | 1 | 9% | $232K | $232K |
For comparison, the same industry nationwide: 826 loans, median $414K, median starting rate 9.50%. See Limited-Service Restaurants in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.