Top SBA Acquisition Lenders for Accommodation & Food Services
259 SBA 7(a) lenders specializing in accommodation & food services acquisitions nationwide.
Lenders
nationwide
Total Volume
Median Rate
Median Loan Size
Top Accommodation & Food Services Lenders
Top 25 Accommodation & Food Services Lenders
| # | Lender | Loans | Volume | Rate | Default Rate |
|---|---|---|---|---|---|
| 1 | GBank | 101 | $350.8M | P+1.00% | 0.6% |
| 2 | The Huntington National Bank | 69 | $63.3M | P+2.25% | 1.5% |
| 3 | Hanmi Bank | 50 | $34.5M | P+1.75% | 1.0% |
| 4 | Live Oak Bank | 43 | $78.5M | P+1.50% | 0.8% |
| 5 | PCB Bank | 35 | $33.0M | P+1.50% | 0.8% |
| 6 | Centerstone SBA Lending, Inc. | 33 | $54.9M | P+2.00% | 0.9% |
| 7 | Global One Bank | 27 | $77.3M | P+1.25% | 0.0% |
| 8 | Celtic Bank Corporation | 25 | $35.7M | P+2.50% | 1.7% |
| 9 | Shoreham Bank | 24 | $88.0M | P+1.00% | 0.0% |
| 10 | US Metro Bank | 20 | $47.4M | P+1.25% | 0.0% |
| 11 | Brookline Bank | 18 | $28.6M | P+2.25% | 0.8% |
| 12 | Open Bank | 17 | $41.2M | P+1.50% | 0.5% |
| 13 | Truliant FCU | 16 | $7.7M | P+2.75% | 0.0% |
| 14 | Metro City Bank | 16 | $15.1M | P+1.25% | 0.6% |
| 15 | First Western SBLC, Inc | 15 | $32.9M | P+1.00% | 0.0% |
| 16 | First Internet Bank of Indiana | 14 | $20.8M | P+2.75% | 1.7% |
| 17 | TowneBank | 13 | $11.2M | P+2.75% | 0.4% |
| 18 | Cadence Bank | 13 | $16.8M | P+2.63% | 2.3% |
| 19 | GBC International Bank | 13 | $4.6M | P+2.00% | 0.0% |
| 20 | Dogwood State Bank | 13 | $11.2M | P+2.75% | 0.5% |
| 21 | East West Bank | 13 | $4.9M | P+2.00% | 0.0% |
| 22 | Byline Bank | 12 | $12.3M | P+2.75% | 1.5% |
| 23 | Rockland Trust Company | 12 | $5.3M | P+0.00% | 0.0% |
| 24 | Bank of Hope | 12 | $27.8M | P+1.50% | 2.1% |
| 25 | Merchants Bank of Indiana | 12 | $38.9M | P+1.75% | 1.1% |
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Customize your search →SBA 7(a) Lending for Accommodation & Food Services
259 SBA 7(a) lenders have originated 1,305 acquisition loans in the accommodation & food services sector, totaling $1859.2M in volume. The median loan size is $600K, with a median interest rate of Prime + 2.00% (Prime + spread).
When evaluating lenders for a accommodation & food services acquisition, compare loan volume (indicating experience in this sector), interest rates, and historical default rates. PLP (Preferred Lender Program) lenders have delegated SBA authority for faster loan processing.
Frequently Asked Questions
How many SBA 7(a) lenders serve the accommodation & food services industry?
There are 259 active SBA 7(a) lenders that have originated accommodation & food services acquisition loans, with a combined 1,305 loans nationwide.
What is the typical SBA loan rate for accommodation & food services acquisitions?
The median SBA 7(a) acquisition loan rate for accommodation & food services is approximately Prime + 2.00%. The SBA caps the spread at 3.0% for loans over $250,000.
Which states have the most accommodation & food services SBA lenders?
The top states for accommodation & food services SBA lending include .
Data source: SBA 7(a) FOIA lending data. Rankings are based on loan count within the accommodation & food services sector. Rates shown are median interest rates expressed as Prime + spread. Default rates represent 10-year cumulative default rates.
Figures shown here are historical SBA 7(a) lending data presented for general information only. They are not an offer of credit, a prediction of the terms you will receive, or financial advice. VerSquare is not a licensed broker, lender, or financial advisor. Consult a licensed professional before making a financing decision.