SBA Hot Topic Tuesday — Top 2015 SBA Hotel Lenders
May 17, 2016
By Bob Coleman
Editor, SBA Hot Topic Tuesday
For the calendar year 2015:
Top Ten 7(a) Lenders by Loan Amount (2015)
January 1, 2015 – December 31, 2015
721110 — Hotels (except Casino Hotels) and Motels
- BBCN Bank — 41 7(a) Loans $77,216,500 (Gross Approval)
- Pacific Premier Bank — 37 7(a) Loans $74,631,826 (Gross Approval)
- NOA Bank — 34 7(a) Loans $57,733,000 (Gross Approval)
- Celtic Bank Corporation — 29 7(a) Loans $40,391,200 (Gross Approval)
- First Western SBLC, Inc — 28 7(a) Loans $40,959,000 (Gross Approval)
- Royal Business Bank — 26 7(a) Loans $87,885,000 (Gross Approval)
- BankUnited, National Association — 25 7(a) Loans $68,134,400 (Gross Approval)
- Wilshire Bank — 22 7(a) Loans $45,899,500 (Gross Approval)
- Commonwealth Business Bank — 21 7(a) Loans $44,183,000 (Gross Approval)
- Hana Small Business Lending, Inc. — 20 7(a) Loans $30,201,500 (Gross Approval)
Top Ten 504 Lenders by Loan Amount (2015)
January 1, 2015 – December 31, 2015
721110 — Hotels (except Casino Hotels) and Motels
- CDC Small Business Finance Corporation — 15 504 Loans $47,081,000 (Gross Approval) $131,266,700 (Gross Approval & Third Party Dollars)
- Minnesota Business Finance Corporation — 15 504 Loans $15,832,000 (Gross Approval) $38,812,689 (Gross Approval & Third Party Dollars)
- Empire State Certified Development Corporation — 14 504 Loans $31,439,000 (Gross Approval) $85,090,260 (Gross Approval & Third Party Dollars)
- Mortgage Capital Development Corporation — 13 504 Loans $29,379,000 (Gross Approval) $74,737,943 (Gross Approval & Third Party Dollars)
- Colorado Lending Source, Ltd. — 10 504 Loans $22,415,000 (Gross Approval) $55,858,726 (Gross Approval & Third Party Dollars)
- Florida Business Development Corporation — 10 504 Loans $21,189,000 (Gross Approval) $52,996,750 (Gross Approval & Third Party Dollars)
- Granite State Economic Development Corporation — 9 504 Loans $10,143,000 (Gross Approval) $24,529,075 (Gross Approval & Third Party Dollars)
- Evergreen Business Capital — 8 504 Loans $15,694,000 (Gross Approval) $36,882,235 (Gross Approval & Third Party Dollars)
- Economic Development Foundation Certified — 7 504 Loans $11,060,000 (Gross Approval) $28,710,657 (Gross Approval & Third Party Dollars)
- North Texas Certified Development Corporation — 7 504 Loans $16,584,000 (Gross Approval) $47,927,650 (Gross Approval & Third Party Dollars)
Source: Coleman Webinar, “What you Need to Know about Hotel Financing in 2015”