Hotels (except Casino Hotels) and Motels: SBA acquisition loans, nationwide
This page covers Hotels (except Casino Hotels) and Motels, NAICS 721110. It uses loans the SBA 7(a) file labels Change of Ownership, from FY2020 to Jun 30, 2026.
Cancelled loans are removed. Nationwide, 1,705 acquisition loans in this industry are in the file.
The busiest year was FY2021, with 355 acquisition loans.
Across all industries, the national median approved amount is $679,600. The seasoned charge-off rate is about 2% by count.
Use these as reference points for context. They are not a forecast and not a rating of this industry.
Choose a state to see local loan counts, lender activity and Census business counts.
Some states do not have enough loans to show. Those cells say so.
The file only covers SBA 7(a) loans labeled change of ownership, so it leaves out cash, seller-note and bank deals.
Read the methodology for filters, dates and known gaps.
SBA changed industry codes in 2022. The same industry can appear under an old code (loans to FY2022) and a new code (loans from FY2022). Each page shows only its own code, so neither shows the full history.
National snapshot
| Measure | Value | What it means |
|---|---|---|
| Acquisition loans | 1,705 | Number of 7(a) loans labeled Change of Ownership, FY2020 to Jun 30, 2026. Cancelled loans are removed. |
| Loans by year |
| Acquisition loans by SBA fiscal year. FY2026 covers Oct 1 to Jun 30 only. Years with fewer than 10 loans are hidden. |
| Median approved amount | $2,715,000 | The middle approved amount. Half of the loans were approved for more and half for less. Gross approved amounts, rounded to $1,000. |
| Middle half of approved amounts | $1,709,000 to $4,240,000 | The range that holds the middle half of approved amounts, from the lower quarter mark to the upper quarter mark. |
| Total approved | $4.95B | The sum of all gross approved loan amounts in this cell. These are approved amounts, not money paid out. Rounded to $0.1 million. |
| Term | 300 months | The median loan term, in months. |
| Rate | 7.25% | The median initial interest rate. |
| Rate type | All variable | How many of these loans have variable rates, rounded to the nearest 10%. |
| Seasoned charge-off rate | About 0% of 100 or more seasoned loans Estimate | The share of loans approved in FY2020 to FY2022 that SBA lists as charged off, counted by loans. Charged off is a loan status, not a business closing. Older loans have had more time to be charged off. With under 100 seasoned loans, this shows a band. With under 30, it is hidden. |
| National charge-off rate | About 2% Estimate | The same measure across all industries. It is about 2% by count. |
| Lenders in the SBA file | 188 | The number of distinct lenders that hold these loans in the SBA file. The file lists the current lender, which may not be the original lender. Counts are not a ranking or a recommendation. |
| Lenders holding the most loans | GBank 430 First Western SBLC, LLC 123 Open Bank 96 United Midwest Savings Bank National Association 65 Celtic Bank Corporation 62 Shoreham Bank 58 The Huntington National Bank 56 Centerstone SBA Lending, Inc. 44 US Metro Bank 44 Bank of Hope 43 Metro City Bank 29 Pinnacle Bank 25 Hanmi Bank 23 Peoples Bank 21 Global One Bank 19 Merchants Bank of Indiana 17 Mission Valley Bank 16 The MINT National Bank 16 VelocitySBA, LLC 16 Commonwealth Business Bank 15 Hanover Community Bank 15 Millennium Bank 15 PromiseOne Bank 15 Southwestern National Bank 15 Peapack Private Bank and Trust 13 Farmers State Bank of Alto Pass, Illinois 12 First General Bank 12 Everwise Credit Union 11 American Pride Bank 10 Byline Bank 10 Harvest Small Business Finance, LLC 10 PCB Bank 10 | Lenders that hold 10 or more loans in this cell, by count. Names come from public data. |
| Top counties | Harris 33 Marion 21 Jefferson 21 Jackson 21 Cook 19 El Paso 17 Montgomery 17 Hamilton 15 Franklin 15 Wayne 14 Bexar 14 Los Angeles 13 Chatham 13 Washington 12 Lake 12 Dallas 12 Richmond 11 San Bernardino 11 Cumberland 11 Colleton 10 Camden 10 Summit 10 Shelby 10 Mecklenburg 10 | Counties with the most acquisition loans in this cell. Counties with fewer than 10 loans are hidden. |
| Franchise share | 75.1% | The share of acquisition loans in this cell that were for franchises. Hidden when fewer than 10 loans were for franchises. |
Local business locations (Census 2023)
| Business locations | 55,895 | Census County Business Patterns 2023: business locations, employees and annual payroll for this industry and area. Census adds small amounts of noise. |
|---|---|---|
| Employees | 1,497,840 | |
| Annual payroll | $58.98B | |
| Business locations by employee count |
| |
| Business locations with 10 to 49 employees | 25,027 | Census count of local business locations in that size band. |
Data as of: Jun 30, 2026.
States with enough loans to show
Each link opens the snapshot for that state.
- Texas 192
- Ohio 120
- California 113
- North Carolina 110
- Georgia 107
- Illinois 79
- Virginia 72
- Indiana 70
- South Carolina 68
- Florida 60
- Colorado 50
- Washington 50
- Michigan 48
- Pennsylvania 39
- Missouri 34
- Tennessee 34
- Wisconsin 34
- Alabama 31
- Mississippi 30
- Kentucky 28
- Kansas 27
- New York 24
- Louisiana 23
- New Mexico 22
- Oregon 22
- Oklahoma 20
- West Virginia 20
- Arizona 17
- Iowa 16
- New Jersey 16
- Arkansas 15
- Maryland 15
- Minnesota 13
- Montana 12
- Utah 12
- Wyoming 11
- North Dakota 10