SBA lending data · fiscal year 2025
12 lenders funded hotels (except casino hotels) and motels in South Carolina last year
28 SBA 7(a) loans approved under NAICS 721110. Median approval $3,260,000, median term 300 months, median initial rate 9%.
What was actually approved
Half of all approvals in this industry and state fell between $2,175,000 and $4,222,750. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.
The most active lenders
Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.
- 1GBank13 loans · $45.4M
- 2Open Bank2 loans · $4M
- 3Wallis Bank2 loans · $3.6M
- 4Peoples Bank2 loans · $8.1M
- 5PromiseOne Bank2 loans · $5.4M
- 6Bank of Hope1 loan · $3.7M
- 7United FCU1 loan · $3.4M
- 8United Midwest Savings Bank National Association1 loan · $3.8M
- 9American Pride Bank1 loan · $4.2M
- 10Commercial Bank of California1 loan · $2.8M
- 11Bank of Oak Ridge1 loan · $1.7M
- 12Harvest Small Business Finance, LLC1 loan · $2.4M
This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.
Is this industry getting easier or harder to finance?
| Fiscal year | Loans | Lenders | Median approval |
|---|---|---|---|
| FY2023 | 19 | 10 | $1,856,000 |
| FY2024 | 14 | 6 | $2,910,200 |
| FY2025 | 28 | 12 | $3,260,000 |
Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.
Where this comes from
The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.
This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
Other industries in South Carolina
Hotels (except Casino Hotels) and Motels in other states
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