SBA Loans for Hotels (except Casino Hotels) and Motels in Nevada: Top Lenders
NAICS 721NAICS 721 covers hotels (except casino hotels) and motels businesses in Nevada. Based on historical SBA 7(a) lending data.
Total Approvals
5
in Nevada
Median Loan Size
$908,500
per approval
Recent Activity
0
last 90 days through Oct 2024
NAICS 721 covers hotels (except casino hotels) and motels businesses. This is a smaller category in SBA 7(a) lending with 5 approvals on record and a median loan size of $908,500.
Key trends & insights
- Hotels (except Casino Hotels) and Motels in Nevada lending is concentrated — US Metro Bank, Mountain America FCU, Cadence Bank together account for 60% of all approvals. If you're in this industry, these are your highest-probability lenders.
- US Metro Bank leads this industry with 1 approvals (20% market share) and a median loan of $1,240,000.
- Hotels (except Casino Hotels) and Motels in Nevada loans run larger than the SBA average — a $908,500 median vs. ~$450,000 across all industries. These businesses typically need more capital.
- SBA data for this industry goes through 2024-10-04 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Hotels (except Casino Hotels) and Motels in Nevada
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $1,240,000 | |
| 2 | 1 | $308,500 | |
| 3 | 1 | $722,500 | |
| 4 | 1 | $908,500 | |
| 5 | 1 | $1,126,000 |
Recent SBA 7(a) approvals for Hotels (except Casino Hotels) and Motels in Nevada
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2024-10 | Open Bank | Nij*****LLC | FERNLEY, NV | $1,126,000 |
| 2024-08 | Cadence Bank | Eco*****cca | WINNEMUCCA, NV | $722,500 |
| 2022-11 | Enterprise Bank & Trust | 511*****LLC | Winnemucca, NV | $716,100 |
| 2022-10 | US Metro Bank | KOH*****ION | WELLS, NV | $1,240,000 |
| 2022-04 | Mountain America FCU | 530*****LLC | MESQUITE, NV | $308,500 |
| 2021-06 | Celtic Bank Corporation | Sta*****Inn | Elko, NV | $908,500 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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