Louisiana ranks No. 4 on the list of states with the highest average Small Business Administration 7(a) loan amounts from 2018 to 2022, reports Forbes Advisor. Small businesses in the Pelican State were approved for an average SBA loan in the amount of $701,856, or $407 less than No. 3 California’s average during that span.
Where Louisiana ranks among states for average size of SBA loans
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