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Louisiana · Mining & Energy
SBA loans for mining & energy in Louisiana
90 loans worth $89.6M approved since FY2010 for mining, quarrying, and oil and gas extraction projects located in Louisiana.
Loans
90
Approved
$89.6M
Median loan
$314,150
+38% vs sector nationally
Median rate
6.00%
Jobs supported
2,213
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to mining & energy in Louisiana
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Rayne State Bank & Trust Company | 8 | $14.1M | |
| Newtek Small Business Finance, Inc. | 7 | $12.9M | |
| Gibsland Bank & Trust Company | 12 | $12.0M | |
| Louisiana Capital Certified Development Company, Inc. | 6 | $6.0M | |
| JPMorgan Chase Bank | 12 | $5.2M | |
| Stone Bank | 1 | $5.0M | |
| American Bank | 3 | $4.8M | |
| Hancock Whitney Bank | 4 | $4.7M |
Detail
Which industries inside the sector
| Industry | Loans | Share |
|---|---|---|
| Support Activities for Oil and Gas Operations | 70 | |
| Drilling Oil and Gas Wells | 4 | |
| Construction Sand and Gravel Mining | 4 | |
| Crude Petroleum Extraction | 4 | |
| Crude Petroleum and Natural Gas Extraction | 2 | |
| Natural Gas Liquid Extraction | 2 | |
| All Other Nonmetallic Mineral Mining | 1 | |
| Industrial Sand Mining | 1 |
An SBA 7(a) lender for loans this size
The median SBA loan approved for mining & energy in Louisiana since FY2010 was $314,150. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Louisiana
7,680 loans across every sector.
Mining & Energy nationally
2,367 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to mining & energy businesses in Louisiana?
- 90 SBA loans totalling $89,613,400 have been approved for mining, quarrying, and oil and gas extraction projects in Louisiana since FY2010.
- Which lenders finance mining & energy in Louisiana?
- The most active by dollars approved are Rayne State Bank & Trust Company, Newtek Small Business Finance, Inc., Gibsland Bank & Trust Company, Louisiana Capital Certified Development Company, Inc.. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for mining & energy in Louisiana?
- The median approval is $314,150, 38% above the national median for this sector ($227,300).
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