States Served
Top Industries Financed
- Full-Service Restaurants
- Inland Water Freight Transportation
- Caterers
- Offices of Lawyers
- Offices of Physicians (except Mental Health Specialists)
Quick Summary
New Orleans Regional Business is an SBA-certified Certified Development Company (CDC) headquartered in New Orleans, Louisiana. Since 2010, they have approved 47 SBA 504 loans totaling $34.1M, with an average loan size of $725K. They primarily serve Louisiana businesses.
About New Orleans Regional Business
New Orleans Regional Business is an SBA-certified Certified Development Company (CDC) headquartered in New Orleans, Louisiana. Since 2010, they have approved 47 SBA 504 loans totaling $34.1M, with an average loan size of $725K. They primarily serve businesses in Louisiana.
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Frequently Asked Questions
What does New Orleans Regional Business do?
New Orleans Regional Business is an SBA-certified Certified Development Company (CDC) based in New Orleans, Louisiana. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. New Orleans Regional Business handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has New Orleans Regional Business approved?
According to SBA FOIA public records, New Orleans Regional Business has approved 47 SBA 504 loans totaling $34.1M since 2010. Their average loan size is $725K.
What states does New Orleans Regional Business serve?
New Orleans Regional Business primarily serves businesses in Louisiana.
How do I apply for an SBA 504 loan through New Orleans Regional Business?
To apply for an SBA 504 loan through New Orleans Regional Business, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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