SBA lending data · fiscal year 2025
17 lenders funded hotels (except casino hotels) and motels in Virginia last year
25 SBA 7(a) loans approved under NAICS 721110. Median approval $3,690,000, median term 300 months, median initial rate 8.5%.
What was actually approved
Half of all approvals in this industry and state fell between $1,450,000 and $4,998,100. 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.
- 1GBank6 loans · $21.5M
- 2Northeast Bank2 loans · $0.2M
- 3Everwise Credit Union2 loans · $10M
- 4Open Bank2 loans · $3.7M
- 5TD Bank, National Association1 loan · $0.1M
- 6United FCU1 loan · $1.4M
- 7Hanover Community Bank1 loan · $4M
- 8US Metro Bank1 loan · $1.2M
- 9Bank of Oak Ridge1 loan · $4.3M
- 10Bank of Clarke1 loan · $4.1M
- 11American Pride Bank1 loan · $5M
- 12Enterprise Bank & Trust1 loan · $5M
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 | 14 | 8 | $3,150,500 |
| FY2024 | 12 | 4 | $4,042,800 |
| FY2025 | 25 | 17 | $3,690,000 |
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 Virginia
- Full-Service Restaurants · 71 loans
- Limited-Service Restaurants · 54 loans
- Fitness and Recreational Sports Centers · 38 loans
- Beauty Salons · 33 loans
- Home Health Care Services · 32 loans
- Offices of All Other Miscellaneous Health Practitioners · 29 loans
- General Automotive Repair · 28 loans
- Child Care Services · 27 loans
Hotels (except Casino Hotels) and Motels in other states
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