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Hotels (except Casino Hotels) and Motels: SBA acquisition loans in Virginia
29 SBA-financed business acquisitions in Virginia classified as Hotels (except Casino Hotels) and Motels, FY2024–FY2026. Median loan $2.7M. See which lenders did them.
- Acquisitions financed
- 29
- Total approved
- $89.1M
- Median loan
- $2.7M
- Middle half of loans
- $2.0M to $5.0M
- Median starting rate
- 8.50%
- Median term
- 25 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | GBank | 14 | 48% | $3.3M | $47.6M |
| 2 | US Metro Bank | 6 | 21% | $2.0M | $11.9M |
| 3 | Everwise Credit Union | 2 | 7% | $5.0M | $10.0M |
| 4 | American Pride Bank | 1 | 3% | $5.0M | $5.0M |
| 5 | The Huntington National Bank | 1 | 3% | $4.0M | $4.0M |
| 6 | Hanmi Bank | 1 | 3% | $2.7M | $2.7M |
| 7 | Hanover Community Bank | 1 | 3% | $2.6M | $2.6M |
| 8 | Open Bank | 1 | 3% | $2.2M | $2.2M |
| 9 | Commonwealth Business Bank | 1 | 3% | $2.0M | $2.0M |
| 10 | American Bank | 1 | 3% | $1.1M | $1.1M |
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.