How Much Can Rooming and Boarding Houses Businesses Get in SBA Loans?
237 SBA loans totaling $114.5M have been approved for rooming and boarding houses businesses (NAICS 721310). The average approved SBA loan is $483K, which is 42% above avg the $340K national average. 120 active lenders fund this industry with a 11.9% default rate on the matured 2018-2021 loan cohort.
At 11.9%, Rooming and Boarding Houses 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. Lenders price this risk into rate and structure, which is why matching the file to the right lender matters.
NAICS 721310 (Rooming and Boarding Houses) received 237 SBA loans worth $114.5M across 5+ states. Average loan $483K, average term 205 months, 11.9% default rate (resolved-loan basis).120 active SBA-approved lenders fund this industry. Most rooming and boarding houses loans use the SBA 7(a) program. There are approximately 1,637 U.S. establishments in this industry (Census 2022).
Is SBA Lending Growing for Rooming and Boarding Houses?-71% decline
Which SBA Program Do Rooming and Boarding Houses Businesses Use Most?
What Is the Best SBA Loan for Rooming and Boarding Houses?
The most widely used SBA program for rooming and boarding houses businesses — flexible terms, multiple use cases
Where Are Rooming and Boarding Houses SBA Loans Most Common?
Top SBA Lenders for Rooming and Boarding Houses
These banks have funded the most SBA loans for rooming and boarding houses businesses (NAICS 721310). PeerSense routes deals to lenders with proven appetite in your industry.
| # | Lender | Loans | Volume |
|---|---|---|---|
| 1 | Wells Fargo Bank National Association(SD) | 24 | $9.4M |
| 2 | JPMorgan Chase Bank, National Association(OH) | 9 | $1.8M |
| 3 | BMO Bank National Association(IL) | 6 | $2.7M |
| 4 | KeyBank National Association(OH) | 6 | $2.1M |
| 5 | Business Lenders, LLC(CT) | 6 | $1.7M |
Rooming and Boarding Houses Industry Context
Ready to Fund Your Rooming and Boarding Houses Business?
PeerSense places SBA loans for rooming and boarding houses businesses nationwide. We match you with the right capital source — no retainers, referral fee at closing.
Retainers
Down with SBA 7(a)
Terms Available
Financing a Rooming and Boarding Houses business? Get matched to an SBA lender.
Tell us your loan amount and use of funds. We route you to the lender most likely to fund a deal in your industry.
SBA 7(a) / 504 — Response within 4 business hours. No obligation.
How Does SBA Lending Work for Rooming and Boarding Houses Businesses?
Across all SBA loan programs, 237 loans have been approved for businesses classified under NAICS 721310 (Rooming and Boarding Houses), representing $114.5M in total capital deployed. The average approved loan of $483K is 42% above avg the national SBA average of $340K, with typical repayment terms of 205 months.
SBA lending for rooming and boarding houses has contracted approximately 71% over recent fiscal years. This shift may reflect changing market conditions, industry consolidation, or tightening credit standards in this sector. However, 120 lenders remain active, maintaining competitive options for qualified borrowers.
The industry sees a balanced mix of SBA programs, with 7% of loans using the 504 program for fixed asset acquisition and the majority using 7(a) for its flexibility across working capital, equipment, and business acquisition uses. SBA 7(a) loans offer up to $5M with terms up to 25 years for real estate.
PeerSense specializes in matching rooming and boarding houses business owners with the capital sources most likely to approve their specific deal structure. As an advisory firm (not a lender), we structure your deal across our network of 500+ SBA-approved lenders to find the best terms — our referral fee is established upfront and paid at closing. No retainers.
Frequently Asked Questions — Rooming and Boarding Houses SBA Loans
What is the average SBA loan size for rooming and boarding houses businesses?
Which SBA loan program is best for a rooming and boarding houses business?
How many lenders fund SBA loans for rooming and boarding houses?
What states have the most SBA lending for rooming and boarding houses?
How does PeerSense help rooming and boarding houses businesses get SBA loans?
Related Accommodation & Food Services Industries
Full-Service Restaurants
Full-Service Restaurants
Limited-Service Restaurants
Hotels (except Casino Hotels) and Motels
Limited-Service Restaurants
Drinking Places (Alcoholic Beverages)
Data aggregated from SBA loan records (1992–2025). Rooming and Boarding Houses defined by NAICS code 721310. Not financial advice. PeerSense is a capital advisory firm, not a lender. Consult a lending professional before making financial decisions.