Accommodation & Food Services
231,447 SBA loans totaling $117.7B.
Total Loans
231,447
1991–2025
Total Volume
$117.7B
Gross approval amount
Avg Loan Size
$509K
Median: $214K
Default Rate
13.4%
Avg rate: 7.16%
Loan Status
Active20.5%
Paid in Full53.3%
Charged Off11.4%
Cancelled12.9%
Committed1.2%
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Accommodation & Food Services — Annual Lending Volume
Top States
Loan Size Distribution
Top Lenders for Accommodation & Food Services
| Lender | Loans | Volume▼ | Avg Rate | Default Rate |
|---|---|---|---|---|
| Bank of Hope | 6,222 | $2.9B | 6.53% | 26.3% |
| The Huntington National Bank | 10,812 | $2.5B | 7.53% | 7.8% |
| Readycap Lending, LLC | 3,525 | $2.2B | 9.50% | 24.8% |
| GBank | 779 | $2.2B | 7.18% | 0.8% |
| Wells Fargo Bank National Association | 7,071 | $1.9B | 8.50% | 18.8% |
| Celtic Bank Corporation | 1,601 | $1.5B | 7.46% | 7.8% |
| Columbia Bank | 2,607 | $1.5B | 6.76% | 12.6% |
| U.S. Bank, National Association | 6,554 | $1.3B | 7.66% | 13.8% |
| Hanmi Bank | 2,000 | $1.3B | 6.77% | 13.4% |
| PNC Bank, National Association | 6,072 | $1.2B | 7.38% | 19.8% |
| TD Bank, National Association | 4,278 | $1.2B | 9.28% | 14.2% |
| Byline Bank | 1,244 | $1.2B | 7.07% | 10.6% |
| JPMorgan Chase Bank, National Association | 7,061 | $1.2B | 7.21% | 16.3% |
| Comerica Bank | 2,315 | $1.1B | 6.49% | 29.1% |
| Open Bank | 741 | $1.0B | 6.31% | 2.5% |
| Commonwealth Business Bank | 738 | $949.6M | 6.12% | 4.7% |
| Enterprise Bank & Trust | 797 | $946.0M | 6.45% | 3.9% |
| Cadence Bank | 1,156 | $939.3M | 7.52% | 6.3% |
| First Western SBLC, Inc | 594 | $903.0M | 6.41% | 4.1% |
| Business Loan Center, LLC | 1,437 | $894.8M | N/A | 31.2% |
| Live Oak Banking Company | 670 | $890.4M | 8.15% | 1.1% |
| Newtek Small Business Finance, Inc. | 1,457 | $855.4M | 7.32% | 13.1% |
| US Metro Bank | 402 | $836.5M | 6.81% | 3.1% |
| Shoreham Bank | 375 | $817.0M | 7.69% | 3.0% |
| Truist Bank | 2,231 | $800.4M | 5.97% | 13.3% |
Sub-Industries within Accommodation & Food Services
| Sub-Industry | Loans | Volume▼ | Avg Size | Default Rate |
|---|---|---|---|---|
| Hotels (except Casino Hotels) and Motels | 30,727 | $49.8B | $1.6M | 8.5% |
| Full-Service Restaurants | 92,220 | $33.6B | $365K | 14.5% |
| Limited-Service Restaurants | 62,029 | $19.7B | $317K | 15.1% |
| Drinking Places (Alcoholic Beverages) | 13,055 | $4.0B | $310K | 11.3% |
| Snack and Nonalcoholic Beverage Bars | 15,516 | $3.8B | $248K | 14.3% |
| Caterers | 5,741 | $1.9B | $331K | 15.3% |
| RV (Recreational Vehicle) Parks and Campgrounds | 2,288 | $1.7B | $736K | 4.3% |
| Bed-and-Breakfast Inns | 1,976 | $1.1B | $574K | 7.4% |
| Food Service Contractors | 2,336 | $668.0M | $286K | 10.8% |
| All Other Traveler Accommodation | 604 | $317.4M | $525K | 6.9% |
| Mobile Food Services | 3,082 | $309.4M | $100K | 8.2% |
| Recreational and Vacation Camps (except Campgrounds) | 682 | $286.3M | $420K | 9.4% |
| Cafeterias, Grill Buffets, and Buffets | 349 | $224.9M | $644K | 5.2% |
| Rooming and Boarding Houses | 238 | $115.2M | $484K | 10.3% |
| Cafeterias | 551 | $74.3M | $135K | 25.7% |
| Casino Hotels | 48 | $43.1M | $897K | 21.6% |
| All Other Amusement and Recreation Industries | 1 | $268K | $268K | 0.0% |
| Wineries | 1 | $253K | $253K | 0.0% |