OHIO · NAICS NAICS 7211 family
Ohio hotel and motel projects run across the Three-C metros and the I-70 and I-75 freight corridors, with the Lake Erie shore adding a seasonal tier. Lender packages turn on a credible third-party study that ties flag standards, average daily rate, occupancy, and revenue per available room to a defined trade area, and stress-tests coverage against ramp, refinance, and rate scenarios.
FEASIBILITY TRIGGER
Hotels are on the SOP 50 10 8 special-purpose list, so a third-party feasibility study is normally required, the appraisal must come from an industry-experienced going-concern appraiser, and equity rises to 15 percent, or 20 percent for a startup flag.
Between FY2010 and FY2026, SBA lenders approved and disbursed 616 7(a) and 504 loans for hotel projects in Ohio, totaling $1.28 billion in approved financing at an average of $2.1 million per loan. Ohio ranks #7 of 38 states tracked for hotel SBA lending volume and accounts for 3.7% of national hotel SBA dollar volume. 82.3% of these loans were made under the 7(a) program, the remainder under 504. 102 loans have been approved since FY2024.
| Disbursed loans (FY2010–FY2026) | 616 |
| Approved volume | $1.28 billion |
| Average loan size | $2.1 million |
| 7(a) share | 82.3% |
| Approvals since FY2024 | 102 |
| State rank by loan count | #7 of 38 |
Among the 418 seasoned loans in this segment (approvals FY2010–FY2021), 4.8% reached adverse resolution — purchased, liquidated, or charged off. The national benchmark for hotel is 4.4%, against 7.3% across all industries. That performance runs above the national benchmark for this asset class, which is a factor lenders weigh in their credit decision.
Source: SBA 7(a) and 504 FOIA loan-level data, as of March 31, 2026. Disbursed loans only. See data methodology.
A 4.8% adverse-resolution rate against the national hotel benchmark of 4.4% tells credit committees to scrutinize revenue projections and coverage assumptions closely on Ohio deals in this class. A rigorous third-party feasibility study — built on documented demand, defensible pricing, and stressed coverage — carries meaningful weight in that underwriting conversation, particularly at an average loan size of $2.1 million across 616 loans.
Every Ohio hotels and motels project we underwrite follows the same lender ready process: independent market analysis, site and technical review, and financial projections tested against SBA SOP 50 10 8 standards. Our SBA feasibility study consultants guide explains scope, timing, deliverables, and what lenders and CDCs expect in the report.
Ohio projects most often pencil under SBA 504 because the 50/40/10 structure delivers up to 90 percent financing on owner-occupied real estate at a fixed debenture rate. SBA 7(a) covers acquisitions, working capital, and equipment, and from July 4, 2026 eligible borrowers can combine 7(a) and 504 for up to $10 million in total program credit.
Hotels carry Ohio's largest average SBA loan at $3,180,380 across 88 trailing-year loans, tenth by count but first by ticket size, which puts nearly every Ohio lodging deal in study-required territory.
For a national view of this asset class, see our hotel SBA feasibility overview, and read our related analysis in the hotel lending research on our blog. Lenders and sponsors can engage a hotel feasibility study consultant for SBA loans.
Compare neighboring markets: North Carolina, Oregon, Texas.
Public SBA and CDC program records, cited as program evidence
SBA 504 partner buyout through Ohio Statewide Development Corporation with LendingClub Bank
Quality Inn property, 2026
Streetsboro, Portage County, Ohio
Fifteen-minute scoping call, written proposal inside one business day, firm fixed fee before you sign.
Book a MeetingOur SBA feasibility study consultants prepare lodging and hospitality studies for lenders, CDCs and sponsors. See pricing, methodology or request a fixed fee quote.
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