Lending data
Who lends to restaurants, bars, and hotels, state by state
26,550 SBA 7(a) loans to restaurants, bars, and hotels across 51 states, with the most active lender and the median loan in each.
26,550 SBA 7(a) loans went to restaurants, bars, and hotels across 51 states with enough volume to report. Pick your state below to see which lenders actually funded them.
By state
Only states with at least 20 loans are listed, because below that the figures are noise rather than signal. Computed from SBA 7(a) loan-level FOIA data released 2026-06-30.
| State | Loans | Median loan | Startup share | Most active lender |
|---|---|---|---|---|
| California | 3,072 | $320,000 | 38% | U.S. Bank |
| Texas | 2,314 | $500,000 | 59% | The Huntington National Bank |
| Florida | 1,608 | $418,150 | 54% | The Huntington National Bank |
| New York | 1,553 | $150,000 | 43% | Manufacturers and Traders Trust Company |
| Ohio | 1,360 | $147,650 | 48% | The Huntington National Bank |
| Georgia | 1,033 | $500,000 | 56% | The Huntington National Bank |
| Illinois | 1,005 | $337,000 | 47% | The Huntington National Bank |
| Pennsylvania | 996 | $220,000 | 51% | The Huntington National Bank |
| Michigan | 943 | $204,700 | 48% | The Huntington National Bank |
| Washington | 897 | $300,000 | 36% | KeyBank |
| New Jersey | 858 | $244,300 | 47% | TD Bank |
| North Carolina | 780 | $500,000 | 55% | The Huntington National Bank |
| Colorado | 695 | $350,000 | 52% | The Huntington National Bank |
| Massachusetts | 647 | $150,000 | 38% | Eastern Bank |
| Indiana | 543 | $333,000 | 51% | The Huntington National Bank |
| Minnesota | 529 | $230,000 | 55% | The Huntington National Bank |
| Virginia | 513 | $350,000 | 56% | The Huntington National Bank |
| Arizona | 491 | $399,500 | 53% | The Huntington National Bank |
| Wisconsin | 476 | $309,200 | 48% | Wisconsin Women's Business Initiative Corporation |
| Maryland | 469 | $210,000 | 57% | Manufacturers and Traders Trust Company |
| Missouri | 423 | $365,000 | 51% | The Central Trust Bank |
| Oregon | 383 | $100,000 | 34% | Columbia Bank |
| South Carolina | 379 | $568,200 | 53% | The Huntington National Bank |
| Tennessee | 377 | $404,000 | 58% | The Huntington National Bank |
| Utah | 366 | $300,000 | 53% | Zions Bank |
| Nevada | 296 | $350,000 | 54% | U.S. Bank |
| Connecticut | 292 | $150,000 | 48% | Manufacturers and Traders Trust Company |
| Alabama | 248 | $460,250 | 57% | Sabre Finance |
| Kentucky | 244 | $306,000 | 47% | Stock Yards Bank & Trust Company |
| Louisiana | 220 | $350,000 | 51% | American Bank |
| Idaho | 205 | $172,800 | 57% | Zions Bank |
| Kansas | 200 | $433,500 | 50% | Emprise Bank |
| New Hampshire | 197 | $100,000 | 40% | TD Bank |
| Maine | 196 | $122,500 | 61% | Bangor Savings Bank |
| Oklahoma | 181 | $354,000 | 55% | BancFirst |
| Iowa | 172 | $224,000 | 46% | Farmers State Bank |
| Mississippi | 151 | $500,000 | 48% | BankFirst Financial Services |
| Arkansas | 136 | $327,350 | 58% | Arvest Bank |
| New Mexico | 125 | $600,000 | 49% | Western Commerce Bank |
| Hawaii | 123 | $50,000 | 31% | Central Pacific Bank |
| Nebraska | 115 | $315,000 | 49% | Union Bank and Trust Company |
| Rhode Island | 107 | $102,500 | 36% | BankNewport |
| Montana | 92 | $390,750 | 35% | The Yellowstone Bank |
| District of Columbia | 88 | $251,350 | 56% | Manufacturers and Traders Trust Company |
| Delaware | 88 | $245,000 | 58% | Manufacturers and Traders Trust Company |
| South Dakota | 82 | $251,650 | 62% | First Bank & Trust |
| West Virginia | 75 | $171,900 | 56% | The Huntington National Bank |
| Vermont | 61 | $100,000 | 51% | TD Bank |
| North Dakota | 57 | $350,000 | 49% | Town and Country CU |
| Alaska | 55 | $150,000 | 33% | KeyBank |
| Wyoming | 34 | $522,700 | 38% | Newtek Bank |
What 7(a) lending to restaurants, bars, and hotels looks like nationally
| Measure | Restaurants, bars, and hotels | All 7(a) borrowers |
|---|---|---|
| Loans approved, fiscal years 2023 to 2026, using data released June 2026 | 26,773 | 214,102 |
| Median loan | $305,000 | $150,000 |
| 25th - 75th percentile | $82,600 - $715,850 | $50,000 - $500,000 |
| Median term | 10 years | 10 years |
| Median initial rate | 10.00% | 10.25% |
| Share to startups | 48.9% | 33.6% |
| Charge-off rate, FY2010-19 | 7.8% | 7.1% |
| Jobs supported | 446,546 | 2,142,602 |
Reading those figures against all 7(a) borrowers:
- Loans here run larger than average. The median of $305,000 is 103% above the $150,000 national median. Expect lenders in this market to be geared toward bigger deals, and expect a small request to get less attention.
- New businesses do well here. 49% of these loans went to startups or businesses under two years old, against 34% nationally — an unusually open market if you have no trading history.
How financing works in this sector
The numbers above say who lends and on what terms. For what actually changes about financing restaurants, bars, and hotels — which products fit the working capital cycle, which metrics underwriters focus on, and which questions get asked — see our restaurants, bars, and hotels financing guide.
How to use this
Open your state, shortlist three lenders whose median loan is close to what you need, then read choosing an SBA lender before you call.