PPP Loan Data: Louisiana

Paycheck Protection Program statistics for Louisiana. 142,562 loans disbursed, 7,413 unforgiven and potentially subject to enforcement.

Medium Enforcement Risk
Total Loans
143K

1.2% of national total

Total Disbursed
$13.2B

Avg: $92,594 per loan

Unforgiven Loans
7K

$686M outstanding

Jobs Supported
1.1M

94.8% forgiveness rate

PPP Program Overview: Louisiana

Between April 2020 and May 2021, the U.S. Small Business Administration disbursed 142,562 Paycheck Protection Program loans in Louisiana, totaling $13.2B. These loans supported approximately 1.1M jobs across the state during the COVID-19 pandemic.

Of these loans, 135,149 (94.8%) were fully forgiven. However, 7,413 loans totaling $686M remain unforgiven and are potentially subject to SBA collection, Treasury offset, or DOJ enforcement action.

This state has moderate DOJ PPP enforcement activity with active SBA OIG presence.

Enforcement Risk in Louisiana

Louisiana has moderate PPP enforcement activity. While not among the highest-priority states, the DOJ and SBA OIG maintain active investigations here. Borrowers with loans over $150,000 or those with discrepancies in their applications should be particularly vigilant about potential enforcement actions.

The False Claims Act statute of limitations extends through 2030-2031 for PPP loans. This means new enforcement actions can still be initiated against Louisiana borrowers for several more years. The 7,413 unforgiven loans in Louisiana represent the most immediate enforcement targets.

Louisiana vs. National Average

Forgiveness Rate94.8% vs. 92.2% national
Average Loan Size$92,594 vs. $69,287 national

Frequently Asked Questions: PPP in Louisiana

How many PPP loans were issued in Louisiana?

Louisiana received 142,562 PPP loans totaling $13.2B between April 2020 and May 2021. The average loan size was $92,594, supporting approximately 1.1M jobs.

How many PPP loans in Louisiana were not forgiven?

Approximately 7,413 PPP loans in Louisiana (5.2% of total) were not forgiven, representing $686M in outstanding obligations. These borrowers may face Treasury collection actions or SBA enforcement.

What is the PPP audit risk level in Louisiana?

Louisiana is classified as "Medium" enforcement risk. This state has moderate DOJ PPP enforcement activity with active SBA OIG presence. Borrowers in Louisiana with unforgiven loans or discrepancies in their applications should be aware of ongoing DOJ and SBA OIG enforcement activity.

Can I still face a PPP audit in Louisiana in 2026?

Yes. The False Claims Act has a 6-10 year statute of limitations. Since PPP loans were issued in 2020-2021, enforcement actions can continue through 2030-2031. Louisiana borrowers remain at risk regardless of whether their loan was forgiven.

Are You at Risk?

7,413 Louisiana borrowers have unforgiven PPP loans. Find out your specific risk level in under 3 minutes.

Data Sources: U.S. Small Business Administration PPP Data Reports, PandemicOversight.gov, U.S. Treasury Department. Data reflects the full PPP program period (April 2020 – May 2021). Last updated May 2026.

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