Best SBA 7(a) lenders for hotels (except casino hotels) and motels
The top SBA 7(a) lenders for hotels (except casino hotels) and motels (NAICS 721110) are GBank, Readycap Lending, LLC, Shoreham Bank, ranked by loan volume. Between FY2020 and Q1 FY2026 (2025-12-31), the SBA 7(a) program approved 5,191 loans totaling $12.90B to businesses in this industry. Average loan size: $2.5M. Average rate: 6.99%. Industry-wide charge-off rate (FY2020–FY2023 cohort): 0.11%.
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.