Small Business Loan and Guaranty Program


Loan assistance program: provides up to 75% loan guarantees to facilitate capital accessibility not to exceed $1.5 million. The program's purpose is to provide financial assistance, which will help with the development, expansion and retention of Louisiana's small business.

Eligibility (Not Comprehensive)

Must be a Louisiana small business (as defined by SBA)

Owners or principal stockholders shall be Louisiana residents

Must be domiciled in Louisiana

For loans of $100,000 or less, there must be one new permanent job or one retained job

For loans over $100,000, there must be two new permanent jobs created

Category: Special Incentives For Small Businesses

More Special Incentives For Small Businesses

Benefit Informational Services:  Louisiana Economic Development's Economic Gardening Initiative provides Louisiana-based small businesses with the information they need to grow and succeed. Eligibility (Not Comprehensive) Company must have maintained its principal place of business in Louisiana for at least the last two  years The company must have annual revenu... Learn More
Benefit Certification program: designed to help eligible Louisiana small businesses gain greater access to purchasing and contracting opportunities that are available at the State governmental level. Eligibility (Not Comprehensive) The company must have it s principal place of business i n Louisiana The company must have fewer than 5... Learn More
Benefit Technical Assistance: provides the managerial and technical assistance training needed to grow and sustain a small business. Provides for developmental assistance, including entrepreneurial training, marketing, computer skills accounting, business planning, and legal and industry-specific assistance. Consideration for bidding on select products or services purchased b... Learn More
Benefit Certification Program:  designed to help eligible Louisiana Veteran-owned and Service-Connected Disabled-Veteran-owned small businesses gain greater access to purchasing and contracting opportunities that are available at the state government level.   Eligibility (Not Comprehensive) At least 51% of the business must be owned by a veteran The company must hav... Learn More
Add to Report View Custom Report