SBA 504 Hotel Feasibility Study in Nebraska

What SBA's own loan files show about SBA 504 lending to hotel and motel projects in Nebraska, and what a feasibility study for an SBA 504 loan there has to test.

Size and standing of the Nebraska hotel and motel record

The Nebraska hotel and motel cell holds 27 loans under SBA 504, $57.1 million in all, from FY2017 through FY2026. Nebraska is 31 among states by hotel and motel loan count, while Nebraska holds hotel and motel at 2 of 39 among its classes. Nebraska borrowers took a median of $1.3 million, which is 0.65x of the figure that hotel and motel borrowers elsewhere receive, in Nebraska, below the SBA 504 norm for hotel and motel. The central half of Nebraska loans starts at $933,500 and, for hotel and motel, tops out near $3.4 million; 77.8% of Nebraska hotel and motel loans carry a franchise flag.

Nebraska holders and counties

By hotel and motel loans approved in Nebraska, Nebraska Economic Development Corporation (24; $52.4 million) come first. SBA lists each Nebraska hotel and motel holder as current. Geographically, Sarpy (5), Douglas (4), Hall (4), Buffalo (2) and Lincoln (2) lead Nebraska hotel and motel lending.

How the hotel and motel pipeline moved

Nebraska hotel and motel approvals per year: FY2017 4 ($8.3 million), FY2018 2, FY2019 5, FY2020 0, FY2021 0 ($0); then for hotel and motel in Nebraska FY2022 5, FY2023 2, FY2024 4, FY2025 2, FY2026 3. The top Nebraska dollar year, $8.6 million, was FY2019. In FY2020 and FY2021, Nebraska saw no hotel and motel approvals.

How Nebraska loans ended up

In Nebraska, no cancellation rate is published for hotel and motel; the Nebraska cohort is too thin, and silence on hotel and motel is not zero. Charge-offs of Nebraska hotel and motel loans are withheld: Nebraska funded too few hotel and motel loans in Nebraska, so no rate is printed in Nebraska for FY2017 to FY2021; a blank there means withheld data, not a rate of zero.

Nebraska hotels financed under SBA 504

A hotel loan under SBA 504 funds the building and its fixed assets, and a Nebraska study should therefore show demand sources, whether travelers on the interstate, business travel or events, and the competing properties in the set. Franchise terms, flagged on 77.8% of loans, add brand standards. Construction or acquisition cost is set against the $1.3 million median, coverage is shown through a ramped occupancy, and the appraiser values the hotel on income.

Nebraska lodging in one code

Limited and full service share a single hotel code, so the Nebraska figures blend them and the study should place the project.

SBA 504 hotel and motel loans in Nebraska

Loans approved, FY2017 to FY202627
Gross dollars approved$57.1 million
Median loan$1.3 million
Middle half of loans, from$933,500
Middle half of loans, to$3.4 million
Franchise share of loans77.8%
Rank among states for SBA 504 hotel and motel loans, by number of loans31
Rank of hotel and motel among classes in Nebraska2 of 39
Median loan against the national SBA 504 median for the class0.65x

Cancellation and charge-off

Cancelled after approval, FY2017 to FY2024 approvals (a floor) not reported: fewer than 30 loans in the cohort
Charged off to date, FY2017 to FY2021 disbursed loans (a floor) not reported: fewer than 30 loans in the cohort

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 504 hotel and motel loans approved in Nebraska, by fiscal year

012345FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026Loans, FY2017: 4Loans, FY2018: 2Loans, FY2019: 5Loans, FY2020: 0Loans, FY2021: 0Loans, FY2022: 5Loans, FY2023: 2Loans, FY2024: 4Loans, FY2025: 2Loans, FY2026: 3
Fiscal yearLoansDollars
FY20174$8.3 million
FY20182$379,000
FY20195$8.6 million
FY20200$0
FY20210$0
FY20225$7.1 million
FY20232$4.8 million
FY20244$10.5 million
FY20252$7.8 million
FY20263$9.6 million

Most active SBA lenders

SBA 504: lenders by loans approved (the current holder of each loan, as SBA reports it)
LenderLoansDollars
Nebraska Economic Development Corporation24$52.4 million

Where the loans are, by county

CountyLoans
SARPY5
DOUGLAS4
HALL4
BUFFALO2
LINCOLN2
PLATTE2
BUTLER1
CHEYENNE1
DAKOTA1
DODGE1

One code for hotels and motels; limited service and full service cannot be separated. Shared code: Hotels and motels share 721110.

Source: U.S. Small Business Administration, 7(a) and 504 loan-level FOIA files (data.sba.gov), as of 2026-09-30; Loan Analytics loan-outcome cell SAP-NE-C07-504.

Loan Analytics prepares the feasibility study a lender reads before it commits: for a hotel and motel project in Nebraska, 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.

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