How much do SBA lenders typically lend to a bed-and-breakfast inns business?

The median SBA approval in NAICS 721191 is $495,000, with the middle 80% of loans between $50,000 and $1,605,000. Across all industries the median is $180,000.

Which lenders are most active in bed-and-breakfast inns?

By dollars approved: Granite State Economic Development Corporation, Beacon Bank and Trust, Banc of California, Celtic Bank Corporation, Bay Area Employment Development Company. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.

Is bed-and-breakfast inns considered a risky industry by SBA lenders?

Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.1% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

NAICS 721191 · Restaurants & Hotels

SBA loans for bed-and-breakfast inns

1,158 SBA loans worth $833.0M have been approved in this industry since FY2010 - the #180 most-financed NAICS code in the country.

Median loan

$495,000

+175% vs all industries

Typical range

$50K-$1.6M

Middle 80%

Median rate

6.00%

7(a) initial note rate

Median term

25 yr

Charge-off rate

3.1%

vs 7.6% all industries

Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.

Lenders

Most active in this industry

Lender	Loans	Approved
Granite State Economic Development Corporation	105	$61.9M
Beacon Bank and Trust	28	$30.3M
Banc of California	24	$25.8M
Celtic Bank Corporation	24	$24.8M
Bay Area Employment Development Company	19	$19.2M
Pinnacle Bank	18	$18.6M
Mortgage Capital Development Corporation	13	$17.2M
SouthState Bank	9	$16.4M
Cape & Islands Community Development, Inc.	28	$16.1M
Newtek Small Business Finance, Inc.	19	$15.8M

Geography

Where these loans were made

State	Loans	Share
California	136
Massachusetts	84
Florida	81
Maine	76
North Carolina	67
New Hampshire	65
Vermont	50
New York	48

Approvals by fiscal year

’10

’11

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’26

Loan count. Final bar is a partial fiscal year.

Loan sizes

Under $50K
9%
$50K - $150K
11%
$150K - $350K
19%
$350K - $1M
38%
$1M - $2M
17%
Over $2M
7%

Nearby

Other restaurants & hotels industries

See the sector

Full-Service Restaurants43,646 · $250,000 Limited-Service Restaurants29,225 · $288,000 Hotels (except Casino Hotels) and Motels19,493 · $1,804,000 Snack and Nonalcoholic Beverage Bars9,692 · $210,600 Full-Service Restaurants9,574 · $185,000 Drinking Places6,905 · $200,000 Limited-Service Restaurants6,127 · $201,000 Caterers3,448 · $125,000

Common questions

How much do SBA lenders typically lend to a bed-and-breakfast inns business?: The median SBA approval in NAICS 721191 is $495,000, with the middle 80% of loans between $50,000 and $1,605,000. Across all industries the median is $180,000.
Which lenders are most active in bed-and-breakfast inns?: By dollars approved: Granite State Economic Development Corporation, Beacon Bank and Trust, Banc of California, Celtic Bank Corporation, Bay Area Employment Development Company. A lender's experience in your NAICS code matters - underwriters who have seen a hundred deals like yours ask better questions and move faster.
Is bed-and-breakfast inns considered a risky industry by SBA lenders?: Of FY2010-FY2019 approvals in this industry that have reached a terminal status, 3.1% were charged off, versus 7.6% across all SBA lending. That is below average, which generally makes lenders more comfortable with the sector.

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