SBA 7(a) lenders in Washington, LA
Approvals in SBA fiscal years 2008–2025. Source data as of 2026-06-30.
Lenders
16 institutions have SBA 7(a) loans on record in Washington, together $10.5M across 30 loans. Gulf Coast Bank and Trust Company is the largest, with 32% of approvals.
| Rank | Lender | Loans | Approved | Share | Loss rate |
|---|---|---|---|---|---|
| 1 | Gulf Coast Bank and Trust Company | 6 | $3.4M | 32.3% | 2.91% |
| 2 | Newtek Bank, National Association | 2 | $2.0M | 19.1% | 0.00% |
| 3 | Trustmark Bank | 5 | $1.0M | 10.0% | 11.34% |
| 4 | b1BANK | 1 | $820K | 7.8% | 0.00% |
| 5 | Customers Bank | 1 | $788K | 7.5% | 55.80% |
| 6 | Live Oak Banking Company | 1 | $490K | 4.7% | 0.00% |
| 7 | American Bank | 1 | $400K | 3.8% | 0.00% |
| 8 | First Financial Bank | 1 | $350K | 3.3% | 0.00% |
| 9 | BankFirst Financial Services | 1 | $346K | 3.3% | 0.00% |
| 10 | JPMorgan Chase Bank, National Association | 3 | $300K | 2.9% | 0.00% |
| 11 | Hancock Whitney Bank | 1 | $234K | 2.2% | 0.00% |
| 12 | Home Bank, National Association | 2 | $201K | 1.9% | 0.00% |
| 13 | Renasant Bank | 1 | $46K | 0.4% | 0.00% |
| 14 | Newtek Small Business Finance, Inc. | 1 | $25K | 0.2% | 0.00% |
| 15 | VelocitySBA, LLC | 2 | $18K | 0.2% | 55.43% |
| 16 | Community Bank of Mississippi | 1 | $15K | 0.1% | 0.00% |
Loss rates cover every approval year on record together. SBA 7(a) losses peak two to four years after approval, so a lender whose lending is mostly recent will show a low rate because its loans have not aged yet, not because they are performing better.
What the money went into
| Rank | Industry | Loans | Approved | Share of county |
|---|---|---|---|---|
| 1 | Retail trade | 8 | $3.7M | 35.1% |
| 2 | Other services | 8 | $2.0M | 18.8% |
| 3 | Retail trade | 5 | $1.9M | 18.0% |
| 4 | Health care & social assistance | 3 | $1.0M | 9.8% |
| 5 | Administrative & waste services | 1 | $788K | 7.5% |
| 6 | Accommodation & food services | 2 | $606K | 5.8% |
| 7 | Real estate & leasing | 1 | $490K | 4.7% |
| 8 | Wholesale trade | 1 | $15K | 0.1% |
| 9 | Construction | 1 | $10K | 0.1% |
Industry is the borrower’s NAICS sector as recorded by SBA at approval, grouped to the two-digit sector.
About this data
Built from the U.S. Small Business Administration’s 7(a) FOIA data release, a public record covering approvals from fiscal year 2008 onward and refreshed each quarter. SBA fiscal years end 30 September, so the most recent year is partial. Figures are approvals, not outstanding balances, and SBA attributes each loan to the institution that holds it today rather than the one that originated it — an acquisitive lender therefore shows books it did not write.