Hotel loans in Santa Maria at a glance

Santa Maria reports FY2017 to FY2026 approvals: 29 hotel loans, $77.6 million gross. Santa Maria, on hotel loans, holds place 77 of 807 among areas. Inside Santa Maria, hotel places 4 of 39. Santa Maria's quotient is 2.09x: hotel above the national share.

Santa Maria loan sizes and mix

Santa Maria shows half its loans at or under $2.7 million, with the middle half spanning $988,000 up to $4.0 million. Santa Maria loans sit at 1.27x of the national class median. In Santa Maria, borrowers draw bigger loans than nationally. Santa Maria has 19 SBA 7(a) loans. Santa Maria has 10 SBA 504 loans. Santa Maria 504 loans fund property and equipment. In Santa Maria, 7(a) adds working capital or acquisitions. Santa Maria franchise share of loans is 34.5%. Santa Maria loans run larger. Santa Maria borrowers carry a heavier payment, which Santa Maria studies test.

Santa Maria loan holders and counties

Holder in Santa Maria: Pinnacle Bank (CA), 5 loans, $7.9 million, SBA 7(a). Santa Maria names here hold or held loans. In Santa Maria, SBA rows say nothing of requirements. Santa Maria borrowers see holders, not lenders. Santa Maria puts all 29 loans under Santa Barbara County, CA.

Santa Maria floors, limits and yearly record

Santa Maria years print only in part. FY2022 brings Santa Maria 5 loans, $12.7 million. Other Santa Maria years stay blank on thin counts. Santa Maria blanks are silence, never zero, and Santa Maria treats FY2026 as complete. Santa Maria floors follow Loan Analytics' own rule. That Santa Maria cohort holds fewer than 30 loans. The Santa Maria cohort covers FY2017 to FY2021 disbursements. So Santa Maria prints no cancellation floor. So Santa Maria prints no charge-off floor. Santa Maria blanks are no zero. Santa Maria blanks are no clean book. Each Santa Maria rate is a floor. Santa Maria borders come from the July 2023 list. Santa Maria places each loan by project county. Santa Maria drops loans with unplaceable counties. Santa Maria note: Hotels and motels sit under one code here, so a Santa Maria reader sees them together and cannot isolate a service level.

Santa Maria: what a study must prove

Santa Maria hotel projects open with the $2.7 million median, a size check for Santa Maria. We would test the Santa Maria seasonality of demand with monthly figures from comparable hotels, not an annual average. The Santa Maria study should show what happens to debt service if rate and occupancy fall short of the plan together. A Santa Maria property that needs renovation has to show the cost, the downtime and the revenue lost while rooms are offline. Daniel Smith, MAI, signs every Santa Maria hotel study. For Santa Maria, demand and cost are tested. In Santa Maria, coverage and value are tested. No Santa Maria approval is promised by any study.

SBA hotel and motel loans in the Santa Maria-Santa Barbara, CA Metro Area

Loans approved, FY2017 to FY2026	29
Gross dollars approved	$77.6 million
Median loan	$2.7 million
Middle half of loans, from	$988,000
Middle half of loans, to	$4.0 million
SBA 7(a) loans	19
SBA 504 loans	10
Franchise share of loans	34.5%
Rank among metro and micro areas for hotel and motel loans	77 of 807
Rank of hotel and motel among the classes in this area	4 of 39
Location quotient (share of loans against the national share)	2.09x
Median loan against the national median for the class	1.27x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor)	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 Santa Maria-Santa Barbara, CA Metro Area, by fiscal year

Fiscal year	Loans	Dollars
FY2017	withheld	withheld
FY2018	withheld	withheld
FY2019	withheld	withheld
FY2020	withheld	withheld
FY2021	withheld	withheld
FY2022	5	$12.7 million
FY2023	withheld	withheld
FY2024	withheld	withheld
FY2025	withheld	withheld
FY2026	withheld	withheld

Most active SBA lenders

SBA 7(a): lenders by loans approved (the current holder of each loan, as SBA reports it)
Lender	Loans	Dollars
Pinnacle Bank (CA)	5	$7.9 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
Santa Barbara County, CA	29

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-42200-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 Santa Maria-Santa Barbara, CA 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 Santa Maria-Santa Barbara, CA Metro Area