SBA loan data

SBA loans for hotels and motels: FY2020–FY2025 data

Name: SBA 7(a) and 504 loan approvals for hotels and motels (NAICS 721110), FY2020–FY2025
Creator: Precise SBA

Hotels and Motels (NAICS 721110, "Hotels (except Casino Hotels) and Motels") ranked #5 among six-digit industries by number of SBA 7(a) and 504 loans approved nationwide in FY2020–FY2025. Below: volume by year, loan sizes, where the loans went, and the lenders and CDCs that made the most of them.

Data as of June 30, 2026 (SBA 7(a) & 504 FOIA release). Headline figures cover fiscal years 2020 through 2025 (October 1, 2019 to September 30, 2025). Methodology and sources.

Headline numbers, FY2020–FY2025

6,214 SBA 7(a) and 504 loans totaling $15.39 billion were approved for hotels and motels in FY2020–FY2025 (4,627 7(a) and 1,587 504), excluding loans later cancelled.

6,214SBA loans approved (7(a) + 504)
$15.39 billionTotal approved amount
$2,320,000Median 7(a) loan (4,627 loans)
$2,056,000Median 504 amount (1,587 loans)
71,092Jobs supported, as reported on the loans
63.3%Loans to franchise businesses

What this means for a borrower

Half of the 7(a) loans approved for hotels and motels were between $1,300,000 and $3,765,000, and the median was $2,320,000, 1070% above the all-industry median of $198,300. A request well above $3,765,000 would be larger than three in four 7(a) loans recorded here.
2.9% of 7(a) loans here were under $150,000 (all-industry: 40.6%).
504 loans were 25.5% of the loans counted here (all-industry: 11.7%), with a median 504 amount of $2,056,000.
390 lenders (counted by name as recorded in the data) approved at least one 7(a) loan here. The 10 most active by count made 43.6% of 7(a) loans, so 7(a) lending here is moderately concentrated.
7(a) approvals went from 748 in FY2020 to 686 in FY2025, down 8%.

These are counts of approved loans. The data does not show applications that were declined or withdrawn, so it says nothing about approval odds, and past volume is not a forecast for any individual request.

Loans by fiscal year

SBA loans approved for Hotels and Motels (NAICS 721110) by fiscal year (October to September), excluding cancelled loans
Fiscal year	7(a) loans	7(a) amount	504 loans	504 amount
FY2020	748	$1.65 billion	168	$323.9 million
FY2021	1,227	$3.02 billion	177	$295.0 million
FY2022	798	$2.09 billion	281	$646.9 million
FY2023	573	$1.48 billion	254	$624.0 million
FY2024	595	$1.52 billion	342	$835.6 million
FY2025	686	$1.91 billion	365	$990.5 million
FY2026 (to 06/30, partial)	497	$1.42 billion	199	$567.4 million

FY2026 covers only part of the year and is not included in any other figure on this page. Recent years can still change as loans are cancelled after approval.

Loan sizes

Loan size summary for Hotels and Motels (NAICS 721110), FY2020–FY2025
Measure	7(a)	504
Loans	4,627	1,587
25th percentile	$1,300,000	$1,074,000
Median	$2,320,000	$2,056,000
75th percentile	$3,765,000	$3,392,000
Average	$2,522,497	$2,341,368

Share of loans by size band, Hotels and Motels (NAICS 721110), FY2020–FY2025
Loan amount	7(a) loans	7(a) share	504 loans	504 share
Under $150,000	132	2.9%	fewer than 10	fewer than 10
$150,000 to $349,999	148	3.2%	53	3.3%
$350,000 to $999,999	573	12.4%	303	19.1%
$1 million to $1,999,999	1,121	24.2%	407	25.6%
$2 million to $4,999,999	2,105	45.5%	688	43.4%
$5 million or more	548	11.8%	131	8.3%

504 amounts are the CDC portion recorded in SBA's data (the "GrossApproval" field); the separate first-lien lender loan in a 504 project is not included, so 504 and 7(a) amounts are not directly comparable.

Most active lenders and CDCs

Ranked by number of loans approved for Hotels and Motels (NAICS 721110) in FY2020–FY2025, then by amount. Names are shown exactly as recorded in SBA's data; the same institution can appear under more than one name, and we do not merge them. Lenders or CDCs with fewer than 10 loans here are not listed. This is a count of past activity, not a ranking of quality or a recommendation.

Top 7(a) lenders, Hotels and Motels (NAICS 721110)
#	Lender (as recorded)	Loans	Amount
1	GBank	547	$1.67 billion
2	Shoreham Bank	199	$597.0 million
3	Readycap Lending, LLC	197	$474.7 million
4	Peoples Bank	195	$518.7 million
5	US Metro Bank	167	$496.8 million
6	Open Bank	159	$447.1 million
7	First Western SBLC, LLC	156	$321.6 million
8	Celtic Bank Corporation	147	$404.6 million
9	Millennium Bank	127	$372.3 million
10	Wallis Bank	124	$334.9 million

Top 504 Certified Development Companies (CDCs), Hotels and Motels (NAICS 721110)
#	CDC (as recorded)	Loans	Amount
1	Mortgage Capital Development Corporation	137	$384.7 million
2	Florida First Capital Finance Corporation, Inc.	76	$199.4 million
3	Florida Business Development Corporation	74	$202.0 million
4	Empire State Certified Development Corporation	64	$132.2 million
5	Granite State Economic Development Corporation	64	$103.0 million
6	Mountain West Small Business Finance	61	$125.3 million
7	B:Side Capital	43	$80.0 million
8	WBD, Inc.	43	$77.7 million
9	504 Capital Corporation	37	$84.9 million
10	New England Certified Development Corporation	30	$75.8 million

390 lender names appear on at least one 7(a) loan for Hotels and Motels (NAICS 721110), and 150 CDC names on at least one 504 loan.

7(a) loans by processing method

7(a) loans for Hotels and Motels (NAICS 721110) by processing method recorded in SBA's data, FY2020–FY2025
Processing method (as recorded)	Loans	Share of 7(a)
Preferred Lenders Program	3,966	85.7%
7a General	526	11.4%
SBA Express Program	132	2.9%

Where the loans went

States with the most SBA loans for hotels and motels, FY2020–FY2025
State	Loans	Share	Amount
Texas	702	11.3%	$2.01 billion
California	603	9.7%	$1.68 billion
Georgia	375	6.0%	$967.4 million
North Carolina	276	4.4%	$750.3 million
Florida	267	4.3%	$750.5 million
Ohio	261	4.2%	$683.1 million
Illinois	237	3.8%	$618.6 million
Colorado	192	3.1%	$439.8 million
Indiana	183	2.9%	$464.0 million
Michigan	171	2.8%	$356.8 million

Share of all loans for this industry nationwide. The industry is the NAICS code recorded on each loan, as reported in SBA's data.

Other industries

Questions this data answers

How many SBA loans were approved for hotels and motels from FY2020 to FY2025?

6,214 SBA 7(a) and 504 loans totaling $15.39 billion: 4,627 7(a) loans and 1,587 504 loans, according to SBA FOIA data as of June 30, 2026. Loans later cancelled are excluded.

What is the median SBA 7(a) loan size for hotels and motels?

$2,320,000 for loans approved in FY2020–FY2025. Half of the 7(a) loans were between $1,300,000 and $3,765,000; the average was $2,522,497, pulled up by a smaller number of large loans.

What is the typical SBA 504 loan amount for hotels and motels?

The median 504 amount was $2,056,000 across 1,587 loans. This is the CDC portion recorded in SBA's data; the separate first-lien lender loan in a 504 project is not included.

Which states had the most SBA loans for hotels and motels?

By loan count in FY2020–FY2025: Texas (702 loans, 11.3%), California (603 loans, 9.7%), Georgia (375 loans, 6.0%).

Have a specific deal in mind?

The numbers above describe loans that were approved. They do not say what any lender would do with your request. Tell us what you are trying to finance and we will help you see how it lines up. No documents needed to start, and we do not pull your credit.

Tell us your plan

Figures are compiled by Precise SBA from the U.S. Small Business Administration's public 7(a) and 504 FOIA loan-level data and are shown as recorded, including lender names. They describe past approvals only: they are not rates, approval odds, a ranking or an endorsement of any lender, and not a prediction for any loan. Precise SBA is not a lender and is not affiliated with the U.S. Small Business Administration. We never charge you. If a loan closes, the lender may pay us a referral fee, disclosed on SBA Form 159 (how we get paid).