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Hotels (except Casino Hotels) and Motels: SBA acquisition loans in Washington
14 SBA-financed business acquisitions in Washington classified as Hotels (except Casino Hotels) and Motels, FY2024–FY2026. Median loan $3.7M. See which lenders did them.
- Acquisitions financed
- 14
- Total approved
- $49.6M
- Median loan
- $3.7M
- Middle half of loans
- $2.6M to $4.6M
- Median starting rate
- 9.12%
- Median term
- 25 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Open Bank | 6 | 43% | $3.0M | $16.8M |
| 2 | US Metro Bank | 2 | 14% | $5.0M | $10.0M |
| 3 | Readycap Lending, LLC | 2 | 14% | $4.2M | $8.5M |
| 4 | PCB Bank | 2 | 14% | $3.6M | $7.2M |
| 5 | Shoreham Bank | 1 | 7% | $4.5M | $4.5M |
| 6 | Mountain Pacific Bank | 1 | 7% | $2.7M | $2.7M |
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.