Which SBA program is best for Hotels (except Casino Hotels) and Motels?

The SBA 7(a) program is the most commonly used for Hotels (except Casino Hotels) and Motels businesses, accounting for the majority of approved loans. The SBA 504 program is popular for larger real estate and equipment purchases.

NAICS 721110Accommodation & Food ServicesLending Growing

How Much Can Hotels (except Casino Hotels) and Motels Businesses Get in SBA Loans?

Name: Hotels (except Casino Hotels) and Motels SBA Loan Performance Data (NAICS 721110)
Creator: PeerSense
License: https://peersense.com/terms-and-conditions

30,612 SBA loans totaling $49.6B have been approved for hotels (except casino hotels) and motels businesses (NAICS 721110). The average approved SBA loan is $1.6M, which is 376% above avg the $340K national average. 1231 active lenders fund this industry with a 12.1% default rate on the matured 2018-2021 loan cohort.

Moderate default risk12.1% vs 15.4% all industry avg

At 12.1%, Hotels (except Casino Hotels) and Motels sits below the 15.4% all industry SBA default rate (charged off as a share of resolved loans), moderate default risk relative to other SBA industries. The capital source prices this risk into rate and structure.

Quick Answer

NAICS 721110 (Hotels (except Casino Hotels) and Motels) received 30,612 SBA loans worth $49.6B across 5+ states. Average loan $1.6M, average term 260 months, 12.1% default rate (resolved loan basis).1231 active SBA approved lenders fund this industry. Most hotels (except casino hotels) and motels loans use the SBA 504 program. There are approximately 56,920 U.S. establishments in this industry (Census 2022).

30,612

Total SBA Loans

$49.6B

Total Volume

$1.6M

Avg Loan Size

376% above avg

1,231

Active Lenders

260 mo

Avg Term

100% above avg

339,846

Jobs Supported

Is SBA Lending Growing for Hotels (except Casino Hotels) and Motels?+30% growth

1,408

1,493

1,308

1,130

1,048

1,550

1,162

881

999

1,145

$2.7B

$3.0B

$2.9B

$2.5B

$2.3B

$3.6B

$2.9B

$2.2B

$2.5B

$3.1B

Which SBA Program Do Hotels (except Casino Hotels) and Motels Businesses Use Most?

SBA 7(a)20,578 (67%)

SBA 50410,034 (33%)

What Is the Best SBA Loan for Hotels (except Casino Hotels) and Motels?

SBA 504

33% of hotels (except casino hotels) and motels loans use this program, ideal for real estate and major equipment purchases

Industry avg loan: $1.6M

Typical term: 260 months

Historical avg rate: 6.22%

1231+ lenders active in this industry

Default rate (2018 to 21 matured cohort): 12.1%

Where Are Hotels (except Casino Hotels) and Motels SBA Loans Most Common?

3,928 loans

$6.5B

3,294 loans

$6.2B

1,619 loans

$3.1B

1,349 loans

$2.6B

1,068 loans

$2.0B

SBA Lending Activity in Hotels (except Casino Hotels) and Motels

1,231 SBA lenders have funded 30,612 loans to hotels (except casino hotels) and motels businesses (NAICS 721110). Which lender approves your deal depends on your location, loan size, credit profile and time in business, not on who funded someone else. PeerSense makes the introduction.

Loans funded

30,612

Active lenders

1,231

Total volume

$49.6B

Avg loan size

$1.6M

Browse all SBA lenders

Hotels (except Casino Hotels) and Motels Industry Context

U.S. Establishments

56,920

U.S. Census Bureau · 2022

U.S. Employment

16,922,000

BLS · 2026

SBA Penetration

53.78%

SBA loans per establishment

Talk to PeerSense

PeerSense sources capital for hotels (except casino hotels) and motels businesses. The capital source sets the terms. No upfront fee. Talk to PeerSense. Referral fee at closing.

Retainers

10%

Down with SBA 7(a)

25yr

Terms Available

Talk to PeerSense (317) 452-6990

Talk to PeerSense about financing a Hotels (except Casino Hotels) and Motels business.

Tell us your loan amount and use of funds. PeerSense sources capital. It is not the lender.

SBA 7(a) / 504: The desk will reach out. No obligation.

How big is your deal?

Where are you in the deal?

Equity or down payment ready

Credit score

Timeline to close

SBA already on the books?

What best describes your company

Liquid funds available outside this deal

Where is the property or business

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Referral fee realized at closing · Or call (317) 452 6990

How Does SBA Lending Work for Hotels (except Casino Hotels) and Motels Businesses?

Across all SBA loan programs, 30,612 loans have been approved for businesses classified under NAICS 721110 (Hotels (except Casino Hotels) and Motels), representing $49.6B in total capital deployed. The average approved loan of $1.6M is 376% above avg the national SBA average of $340K, with typical repayment terms of 260 months.

SBA lending for hotels (except casino hotels) and motels is accelerating. Loan volume has grown approximately 30% over recent fiscal years. This upward trajectory suggests expanding access to capital and growing lender confidence in this sector. Peak activity occurred in FY2021.

Notably, 33% of SBA loans in this industry use the 504 program (well above the national average), indicating that hotels (except casino hotels) and motels businesses frequently finance major fixed assets like real estate, heavy equipment, or facility buildouts. The 504 program offers up to $5.5M with below market fixed rates and only 10% down from the borrower.

Talk to PeerSense about a hotels (except casino hotels) and motels file. The capital source sets the terms. The desk fee is paid at closing, never upfront.

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Frequently Asked Questions: Hotels (except Casino Hotels) and Motels SBA Loans

What is the average SBA loan size for hotels (except casino hotels) and motels businesses?

Based on 30,612 approved SBA loans, the average loan size for hotels (except casino hotels) and motels (NAICS 721110) is $1.6M. This compares to the national SBA average of $340K across all industries.

Which SBA loan program is best for a hotels (except casino hotels) and motels business?

SBA 504 is the most commonly used SBA program for hotels (except casino hotels) and motels businesses. 33% of hotels (except casino hotels) and motels loans use this program, ideal for real estate and major equipment purchases. PeerSense can analyze your specific deal to determine the optimal program.

How many lenders fund SBA loans for hotels (except casino hotels) and motels?

1231 different SBA approved lenders have funded loans in this industry. Not all lenders are equally active in every industry. Talk to PeerSense. The capital source sets the terms for a hotels (except casino hotels) and motels file.

What states have the most SBA lending for hotels (except casino hotels) and motels?

CA leads with 3,928 SBA loans and $6.5B in total volume for hotels (except casino hotels) and motels businesses. TX, GA, FL also show strong lending activity in this sector.

How does PeerSense help hotels (except casino hotels) and motels businesses get SBA loans?

PeerSense is a capital advisory firm. Talk to PeerSense about a hotels (except casino hotels) and motels file. The capital source sets the terms. No upfront fee. The desk is paid at closing.

Related Accommodation & Food Services Industries

Full-Service Restaurants

49,950 loans · N/A

Avg: $266K

Full-Service Restaurants

41,841 loans · N/A

Avg: $483K

Limited-Service Restaurants

33,710 loans · N/A

Avg: $223K

Limited-Service Restaurants

28,029 loans · N/A

Avg: $431K

Drinking Places (Alcoholic Beverages)

13,001 loans · N/A

Avg: $310K

Snack and Nonalcoholic Beverage Bars

9,060 loans · N/A

Avg: $318K

Data aggregated from SBA loan records (1992 to 2025). Hotels (except Casino Hotels) and Motels defined by NAICS code 721110. Not financial advice. PeerSense sources capital through a curated network of commercial lenders and capital sources. Consult a lending professional before making financial decisions.