Best SBA 7(a) lenders for hotels (except casino hotels) and motels
NAICS 721110 — Hotels (except Casino Hotels) and Motels.
5,191 7(a) loans approved in this industry between FY2020 and 2025-12-31, totaling $12.90B.
Loans
5,191
Total $
$12.90B
Avg loan
$2.5M
Avg rate
6.99%
Avg term
284 mo
Industry chg-off rate
0.11%
FY20–FY23 cohort
Top 15 lenders in this industry
| # | Lender | Loans | Total $ | Avg loan | Avg rate | Chg-off % |
|---|---|---|---|---|---|---|
| 1 | GBank | 583 | $1.78B | $3.0M | 7.42% | 0.00% |
| 2 | Readycap Lending, LLC | 212 | $502.2M | $2.4M | 7.50% | 0.00% |
| 3 | Shoreham Bank | 212 | $632.5M | $3.0M | 7.86% | 0.00% |
| 4 | Peoples Bank | 207 | $555.0M | $2.7M | 6.62% | 0.00% |
| 5 | US Metro Bank | 196 | $581.0M | $3.0M | 7.14% | 0.00% |
| 6 | Open Bank | 177 | $499.2M | $2.8M | 6.62% | 0.00% |
| 7 | First Western SBLC, Inc | 174 | $349.0M | $2.0M | 6.95% | 0.00% |
| 8 | Celtic Bank Corporation | 167 | $446.2M | $2.7M | 6.89% | 0.00% |
| 9 | Millennium Bank | 137 | $393.9M | $2.9M | 7.36% | 1.04% |
| 10 | Bank of Hope | 133 | $357.7M | $2.7M | 7.40% | 0.00% |
| 11 | Wallis Bank | 133 | $355.0M | $2.7M | 6.21% | 0.80% |
| 12 | Commonwealth Business Bank | 101 | $290.1M | $2.9M | 6.12% | 0.00% |
| 13 | Cadence Bank | 99 | $257.8M | $2.6M | 6.64% | 0.00% |
| 14 | United Midwest Savings Bank National Association | 88 | $218.3M | $2.5M | 6.45% | 0.00% |
| 15 | Enterprise Bank & Trust | 86 | $254.1M | $3.0M | 7.56% | 0.00% |
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Methodology
Computed from the SBA 7(a) FOIA dataset (as of 2025-12-31), filtered to NAICS code 721110. Charge-off rates are calculated on the FY2020–FY2023 cohort only.