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NAICS sector 72
Accommodation and Food Services
137,471 SBA loans worth $91.65B across 18 industries in this sector.
Loans
137,471
Approved
$91.65B
Median loan
$300,000
Median term
10 yr
Charge-off rate
8.6%
vs 7.6% all sectors
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.
Inside the sector
All 18 industries
| Industry | NAICS | Loans | Median loan | Median rate | Charge-off | Volume |
|---|---|---|---|---|---|---|
| Full-Service Restaurants | 722511 | 43,646 | $250,000 | 7.00% | 9.8% | |
| Limited-Service Restaurants | 722513 | 29,225 | $288,000 | 6.75% | 10.6% | |
| Hotels (except Casino Hotels) and Motels | 721110 | 19,493 | $1,804,000 | 6.00% | 3.3% | |
| Snack and Nonalcoholic Beverage Bars | 722515 | 9,692 | $210,600 | 7.75% | 10.0% | |
| Full-Service Restaurants | 722110 | 9,574 | $185,000 | 6.00% | 8.4% | |
| Drinking Places | 722410 | 6,905 | $200,000 | 6.75% | 8.0% | |
| Limited-Service Restaurants | 722211 | 6,127 | $201,000 | 6.00% | 8.4% | |
| Caterers | 722320 | 3,448 | $125,000 | 7.25% | 9.5% | |
| Mobile Food Services | 722330 | 2,789 | $45,000 | 8.25% | 10.2% | |
| Food Service Contractors | 722310 | 1,745 | $105,000 | 6.25% | 8.6% | |
| RV (Recreational Vehicle) Parks and Campgrounds | 721211 | 1,327 | $618,000 | 6.00% | 2.9% | |
| Bed-and-Breakfast Inns | 721191 | 1,158 | $495,000 | 6.00% | 3.1% | |
| Snack and Nonalcoholic Beverage Bars | 722213 | 1,146 | $116,300 | 6.00% | 9.7% | |
| All Other Traveler Accommodation | 721199 | 379 | $339,200 | 7.00% | 2.7% | |
| Cafeterias, Grill Buffets, and Buffets | 722514 | 361 | $210,000 | 7.25% | 9.6% | |
| Recreational and Vacation Camps | 721214 | 299 | $321,000 | 6.35% | 5.2% | |
| Rooming and Boarding Houses, Dormitories, and Workers' Camps | 721310 | 91 | $407,000 | 6.35% | 17.4% | |
| Cafeterias, Grill Buffets, and Buffets | 722212 | 58 | $81,250 | 6.00% | 16.7% |
Lenders
Most active in this sector
| Lender | Loans | Approved | Share |
|---|---|---|---|
| The Huntington National Bank | 10,446 | $3.08B | |
| GBank | 848 | $2.45B | |
| Bank of Hope | 2,570 | $2.20B | |
| Celtic Bank Corporation | 1,530 | $1.53B | |
| Readycap Lending, LLC | 1,371 | $1.24B | |
| Byline Bank | 1,178 | $1.18B | |
| Mortgage Capital Development Corporation | 692 | $1.09B | |
| Open Bank | 737 | $1.08B | |
| Columbia Bank | 1,434 | $1.07B | |
| Commonwealth Business Bank | 738 | $1.02B |
Approvals by fiscal year
Gross approval dollars. Final bar is a partial fiscal year.
An SBA 7(a) lender for loans this size
55% of the SBA loans approved in the restaurants & hotels sector since FY2010 were under $350,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
By state
Restaurants & Hotels SBA lending in 54 states
Each state page lists the lenders and industries behind the sector's loans there. States with fewer than 20 loans in the sector have no page.
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