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Hotels (except Casino Hotels) and Motels: SBA acquisition loans in Tennessee
15 SBA-financed business acquisitions in Tennessee classified as Hotels (except Casino Hotels) and Motels, FY2024–FY2026. Median loan $2.7M. See which lenders did them.
- Acquisitions financed
- 15
- Total approved
- $44.9M
- Median loan
- $2.7M
- Middle half of loans
- $2.2M to $3.6M
- Median starting rate
- 9.00%
- Median term
- 25 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | GBank | 2 | 13% | $3.5M | $6.9M |
| 2 | American Bank | 2 | 13% | $2.1M | $4.1M |
| 3 | Global One Bank | 1 | 7% | $5.0M | $5.0M |
| 4 | Port 51 Lending LLC | 1 | 7% | $4.7M | $4.7M |
| 5 | Bank of Hope | 1 | 7% | $4.2M | $4.2M |
| 6 | United Midwest Savings Bank National Association | 1 | 7% | $3.1M | $3.1M |
| 7 | Metro City Bank | 1 | 7% | $2.9M | $2.9M |
| 8 | Centerstone SBA Lending, Inc. | 1 | 7% | $2.8M | $2.8M |
| 9 | American Pride Bank | 1 | 7% | $2.7M | $2.7M |
| 10 | Renasant Bank | 1 | 7% | $2.5M | $2.5M |
| 11 | First Western SBLC, LLC d/b/a Peachtree Group | 1 | 7% | $2.4M | $2.4M |
| 12 | Milestone Bank | 1 | 7% | $1.8M | $1.8M |
| 13 | Hometown Bank | 1 | 7% | $1.7M | $1.7M |
For comparison, the same industry nationwide: 768 loans, median $3.1M, median starting rate 8.75%. See Hotels (except Casino Hotels) and Motels in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.