Columbus hotel lending in SBA's files

For hotel and motel loans, Columbus, OH stands 19 of 807 among areas, while locally hotel and motel stands 9 of 39. The quotient for location, 0.54x, means hotels carry about half the local share they hold across the country. SBA recorded 73 loans for $197.9 million between FY2017 and FY2026. A $2.6 million median loan in Columbus, OH compares at 1.20x with the national hotel median, while $1.6 million to $3.7 million holds the typical hotel loan. The hotel loans that exist are sizable.

Of the hotel approvals in Columbus, OH, 58 came through SBA 7(a) and 15 through SBA 504. Franchise brands appear on 76.7% of them, so the flag decision is part of almost every borrower's case. Franklin County has 53 loans and Delaware County 8. Columbus 504 lending shows Ohio Statewide Development Corporation with 8 loans for $12.0 million; GBank holds 12 7(a) loans for $42.4 million and Shoreham Bank holds 5 for $17.4 million. Lender rows give SBA's holder record and say nothing about GBank's standards.

Among Columbus, OH hotel approvals, the FY2017 to FY2024 cohorts got cancelled, floor 16.3%, a minimum, not an estimate. Columbus hotel loans carry no printed ceiling for cancellations and no charge-off rate; Loan Analytics withholds both until more loans support them, and withheld never means zero. By year, Columbus, OH shows 6 loans and $12.9 million in FY2018, 13 and $23.2 million in FY2019, 7 and $18.8 million in FY2020, 8 and $26.5 million in FY2022, 6 and $14.0 million in FY2024, 11 and $38.9 million in FY2025, and 13 and $38.3 million in FY2026.

Testing a Columbus lodging plan

One shared code covers every Columbus, OH lodging type here, so budget brands and full-service towers blur together. A hotel loan is assigned to Columbus, OH by its project county, read against the July 2023 county list. An unmatched loan goes uncounted. A study should fix the property type itself, then test supply in the competitive corridor, brand fees and property improvement plans, the sources of occupancy, and debt service coverage at the sizes shown. The appraisal must support a cost in the multi-million range for most of these approvals. These records are context for a hotel study in Columbus, and funding is not guaranteed. A study should also say which program its structure fits; the record has 58 SBA 7(a) loans against 15 under SBA 504.

SBA hotel and motel loans in the Columbus, OH Metro Area

Loans approved, FY2017 to FY2026	73
Gross dollars approved	$197.9 million
Median loan	$2.6 million
Middle half of loans, from	$1.6 million
Middle half of loans, to	$3.7 million
SBA 7(a) loans	58
SBA 504 loans	15
Franchise share of loans	76.7%
Rank among metro and micro areas for hotel and motel loans	19 of 807
Rank of hotel and motel among the classes in this area	9 of 39
Location quotient (share of loans against the national share)	0.54x
Median loan against the national median for the class	1.20x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	16.3%
The same, counting loans still undisbursed as cancelled (a ceiling)	withheld
Charged off to date, FY2017 to FY2021 disbursed loans (a floor)	withheld

Both rates are floors. SBA withholds the status of open loans, so a loan counts as charged off only once SBA reports it; a rate needs at least 30 loans in its cohort and is otherwise not reported.

SBA hotel and motel loans approved in the Columbus, OH Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	withheld	withheld
FY2018	6	$12.9 million
FY2019	13	$23.2 million
FY2020	7	$18.8 million
FY2021	withheld	withheld
FY2022	8	$26.5 million
FY2023	withheld	withheld
FY2024	6	$14.0 million
FY2025	11	$38.9 million
FY2026	13	$38.3 million

Most active SBA lenders

SBA 504: lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Ohio Statewide Development Corporation	8	$12.0 million

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
GBank	12	$42.4 million
Shoreham Bank	5	$17.4 million

Lenders with 5 or more loans here; a lender with fewer is not listed, and loans SBA or a receiver holds are counted but never listed as a lender.

Where the loans are, by county

County	Loans
Franklin County, OH	53
Delaware County, OH	8

Counties with 5 or more loans; smaller ones are not listed.

Metro is the CBSA (metropolitan or micropolitan statistical area) of the loan's project county, July 2023 delineation (OMB Bulletin 23-01). The county is matched by name (manifests/ld2/county-cbsa-map.csv); a loan whose county cannot be placed in a 2023 CBSA is left out of every metro.

One code for hotels and motels; limited service and full service cannot be separated.

Shared code: Hotels and motels share 721110.

A value marked withheld rests on fewer than 5 loans, or is withheld so that such a figure cannot be derived from other published figures.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; areas from the U.S. Census Bureau CBSA delineation, July 2023 (OMB Bulletin 23-01); Loan Analytics metro cell MA-18140-C07.

Related feasibility study pages

Loan Analytics prepares the feasibility study a lender reads before it commits: for a hotel and motel project in the Columbus, OH Metro Area, financed under SBA 7(a), SBA 504, USDA Business and Industry or a conventional bank loan. Tell us the project and the lender's deadline, and we reply with scope, timeline and fee.

Daniel Smith, MAI

Hotel Feasibility Study in the Columbus, OH Metro Area