Accommodation & Food Services
SBA Lenders for Hotels & Accommodation
Top lenders ranked by real SBA lending data for hotels & accommodation nationwide.
What Borrowers Should Know
Hotels & Accommodation borrowers are getting better pricing than the national average. The median spread here is P+2.07%, which is 68 basis points lower than the national median of P+2.75%. This suggests lenders view this sector as less risky or more competitive than typical small business borrowing, potentially because real estate collateral is easier to value and hospitality lending is a known commodity.
California dominates this sector with 1,443 deals out of 2,741 total—that's 53% of all SBA hotel lending nationwide. Arizona and Alabama together account for another 29%. If you're not in these three states, you're in a thinner market with fewer competing lenders, which could mean higher spreads, longer approval times, or less specialized expertise in your local lending community.
Mortgage Capital Development Corporation leads the space with 193 deals, but the market is fragmented—the top 5 lenders represent only 392 of 2,741 deals (14%). With 441 active lenders competing, there's real opportunity to shop rates, but it also means no single lender dominates pricing or terms. Smaller regional banks and non-bank lenders may offer more flexibility than mega-lenders if you're willing to explore beyond the obvious choices.
Total SBA Loans
27,614
Active Lenders
1,951
Avg Deal Size
$1.9M
Total Volume
$51.8B
Hotels & Accommodation SBA loans average $1.9M in deal size across 27,614 total loans. The median 7(a) spread in this segment is P + 2.02%.
Top Lenders for Hotels & Accommodation
Ranked by total deal count nationwide.
| # | Lender | Type | Deals | Avg Size | Spread | |
|---|---|---|---|---|---|---|
| 1 | GBank | Bank | 763 | $2.8M | P + 1.64%GOOD | |
| 2 | Bank of Hope | Bank | 681 | $2.2M | P + 1.65%GOOD | |
| 3 | Celtic Bank Corporation | Bank | 559 | $2.2M | P + 2.46%AVERAGE | |
| 4 | First Western SBLC, Inc | Non-Bank | 461 | $1.8M | P + 2.27%AVERAGE | |
| 5 | Columbia Bank | Bank | 452 | $1.7M | P + 2.27%AVERAGE | |
| 6 | Open Bank | Bank | 365 | $2.4M | P + 1.49%COMPETITIVE | |
| 7 | PromiseOne Bank | Bank | 355 | $1.7M | P + 1.73%GOOD | |
| 8 | Readycap Lending, LLC | Non-Bank | 338 | $2.0M | P + 2.15%GOOD | |
| 9 | Granite State Economic Develop | CDC/504 | 316 | $995K | — | |
| 10 | Commonwealth Business Bank | Bank | 277 | $2.4M | P + 1.59%GOOD | |
| 11 | Mortgage Capital Development C | CDC/504 | 277 | $2.5M | — | |
| 12 | Peoples Bank | Bank | 272 | $2.4M | P + 1.85%GOOD | |
| 13 | US Metro Bank | Bank | 266 | $2.8M | P + 1.42%COMPETITIVE | |
| 14 | Shoreham Bank | Bank | 261 | $2.8M | P + 1.96%GOOD | |
| 15 | Minnesota Business Finance Cor | CDC/504 | 255 | $824K | — |
Top States for Hotels & Accommodation
Where hotels & accommodation SBA lending is most active.