Loan Census Banking News and Information
February 2, 2023  
  Business Loan Information  

Lafayette, Louisiana Bank Loan


Loan Census SBA Loan Info

Gulf Coast Bank Gives Bank Loan to Florists Company

Small business loans in Louisiana are hard to find these days. We take a look at one Louisiana small business loan, provided by a Louisiana bank, that was approved by the SBA.

You can learn something about getting a small business loan in Lafayette, Louisiana by studying this loan to a local company, made back in 2003. Banks like Gulf Coast Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower


SBA Loan Lender


This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.


453110 - Florists

Loan Approval Date


Loan Approval Gross Amount


Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 6 employees. The loan application did not indicate that the business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Lafayette LA, you ought to talk with a local Lafayette SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lafayette businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $65,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

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SBA Participating Banks in Abbeville, Louisiana

SBA Louisiana Lenders