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Hotels (except Casino Hotels) and Motels: SBA acquisition loans in West Virginia
10 SBA-financed business acquisitions in West Virginia classified as Hotels (except Casino Hotels) and Motels, FY2024–FY2026. Median loan $4.0M. See which lenders did them.
- Acquisitions financed
- 10
- Total approved
- $36.1M
- Median loan
- $4.0M
- Middle half of loans
- $2.5M to $4.7M
- Median starting rate
- 9.50%
- Median term
- 25 yrs
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Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | GBank | 4 | 40% | $3.4M | $13.3M |
| 2 | First Western SBLC, LLC d/b/a Peachtree Group | 3 | 30% | $2.5M | $9.1M |
| 3 | Commonwealth Business Bank | 1 | 10% | $5.0M | $5.0M |
| 4 | FDIC - Community Bank & Trust-West Georgia | 1 | 10% | $4.8M | $4.8M |
| 5 | Open Bank | 1 | 10% | $3.9M | $3.9M |
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.