Hotel Lending - SBA - Sunwest Bank
Important Articles

SBA 504 and 7(a)

Purpose Acquisitions and Refinances
Collateral Type Hotel/Motel, 3-5 Stars, Minimal F&B and Meeting
Locations CA, ID, UT, and AZ, Non-CBD Locations
Amount Up to $12.5 Million (504), Up to $5 Million (7(a))
Loan Term 10, 20, or 25 Year Terms
Rate 5-Year Fixed (504) - 6.5% Floor, Floating Rate (7(a)) - P + 275
Amortization 25 Years
LTV Up to 75%
DSC 1.50×
Prepayment Declining by Year (504); 5, 3, 1% (7(a))
Loan Fees 2.00% (504)
Recourse Full Repayment

If you are interested in conventional hotel lending options, please click the button below

Conventional Hotel Lending