Hotels and Motels acquisitions in Arizona: SBA loan data
Since FY2018, SBA lenders have approved 23 7(a) loans to buy an existing business classified as Hotels and Motels in Arizona, totaling $70.1M. The median loan was $3,325,000. That is 2.1% of the 1,095 acquisition loans in Arizona.
- Loans, FY2018-FY2026
- 23
- Median loan
- $3,325,000 (middle half $1,536,000 to $4,702,500)
- Top lender
- Poppy Bank (13%, 3 loans)
- FY2026 loans (latest complete year)
- 2
SBA lenders approved 23 7(a) loans to buy a business classified as Hotels and Motels in Arizona from FY2018-FY2026, with a median of $3,325,000 and a middle half of $1,536,000 to $4,702,500. Poppy Bank made 13% of them. FY2026 had 2 loans.
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How Hotels and Motels in Arizona compares
| Measure | Hotels and Motels in Arizona | Arizona, all industries | Hotels and Motels, nationwide | All acquisitions |
|---|---|---|---|---|
| Median loan | $3,325,000 | $770,000 | $2,621,250 | $645,250 |
| Middle half of loans | $1,536,000 to $4,702,500 | $369,550 to $1,523,600 | $1,644,250 to $4,100,000 | $283,000 to $1,465,000 |
| Average initial rate | 6.70% | 8.06% | 7.11% | 7.76% |
| Median term | 25 years | 10 years | 25 years | 10 years |
| Charge-off rate (seasoned loans) | n/a | 3.5% | 0.8% | 3.5% |
| Loans in sample | 23 | 1,095 | 2,310 | 48,902 |
The median for loans to buy hotels and motels in Arizona is $3,325,000, well above the $770,000 median for all Arizona acquisitions, above the $2,621,250 median for Hotels and Motels acquisitions nationwide and well above the $645,250 median for all SBA-financed acquisitions nationally.
The middle half runs $1,536,000 to $4,702,500, against $283,000 to $1,465,000 nationally; the median term is 25 years, longer than the national median of 10 years; the average initial rate is 6.70%, below the 7.76% national average.
Too few of these loans are old enough to measure a charge-off rate; the national rate for seasoned acquisition loans is 3.5%.
Loan size distribution
| Loan size | Hotels and Motels in Arizona | All acquisitions |
|---|---|---|
| Under $350K | 4% | 30% |
| $350K to under $1M | 4% | 33% |
| $1M to under $2M | 22% | 19% |
| $2M and over | 70% | 17% |
Most loans to buy hotels and motels in Arizona (91%) were $1M or more, and the largest single band is $2M and over at 70%, against 17% of all acquisition loans.
Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.
Lender concentration
Poppy Bank made 13% of loans to buy hotels and motels in Arizona, and the top three lenders together made 35%. 2 of the 16 lenders involved made three or more. Only 2 lenders have repeat experience here. That is a rough guide to how many banks have seen this kind of deal before.
Recent activity
In FY2025 and FY2026 combined, 3 loans to buy hotels and motels in Arizona were approved. Fewer than 10 loans were approved in FY2023 and FY2024, so no change is computed. The median was $4,100,000, above the $3,325,000 median across all years.
Hotels and Motels acquisition loans in Arizona by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 2 | $8.6M | $4,300,000 | |
| FY2019 | 4 | $6.5M | $1,125,000 | |
| FY2020 | 3 | $9.1M | $3,960,000 | |
| FY2021 | 3 | $10M | $3,325,000 | |
| FY2022 | 5 | $17.8M | $3,033,100 | |
| FY2023 | 2 | $6.2M | $3,116,000 | |
| FY2024 | 1 | $1.8M | $1,840,000 | |
| FY2025 | 1 | $4.1M | $4,100,000 | |
| FY2026 | 2 | $5.9M | $2,956,750 |
How often do these acquisition loans fail?
Fewer than 20 Hotels and Motels in Arizona acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
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Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Poppy Bank | 3 | 13.0% | $9.8M | |
| 2 | Celtic Bank Corporation | 3 | 13.0% | $8M | |
| 3 | Cathay Bank | 2 | 8.7% | $7.3M | |
| 4 | Open Bank | 2 | 8.7% | $7M | |
| 5 | First Western SBLC, LLC d/b/a Peachtree Group | 2 | 8.7% | $2M |
Top franchise brands
| # | Franchise | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Motel 6 | 4 | 17.4% | $12.9M | |
| 2 | Best Western | 2 | 8.7% | $8.6M | |
| 3 | Super 8 | 2 | 8.7% | $3.9M | |
| 4 | Econo Lodge | 2 | 8.7% | $2.1M | |
| 5 | La Quinta | 1 | 4.3% | $5M |
Seller note standby terms and third-party consents are reviewed before closing.
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Questions buyers ask
How much do SBA loans for Hotels and Motels acquisitions in Arizona run?
The median SBA 7(a) loan was $3,325,000 across 23 loans (FY2018 to FY2026), with the middle half between $1,536,000 and $4,702,500. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Hotels and Motels acquisitions in Arizona?
Poppy Bank (3), Celtic Bank Corporation (3), Cathay Bank (2), Open Bank (2), First Western SBLC, LLC d/b/a Peachtree Group (2). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Hotels and Motels acquisition loans fail in Arizona?
Fewer than 20 loans in this combination are old enough to measure losses reliably, so no rate is shown. The national benchmark for all SBA acquisition loans is 3.5% (FY2018 to FY2021 cohort).
Are franchised businesses part of Hotels and Motels acquisitions in Arizona?
20 of the 23 loans (87%) involved a franchise brand, most often Motel 6 (4).
How much do you need down for an SBA loan to buy a hotel or motel in Arizona?
The SBA requires the buyer to make an equity injection, commonly 10% of total project cost, and a lender may ask for more. The SBA file does not record injections, so the figures here are the financed portion: the median for loans to buy hotels and motels in Arizona was $3,325,000, and the middle half ran $1,536,000 to $4,702,500.
How long does an SBA acquisition loan take?
For a change-of-ownership 7(a) loan, 45 to 90 days from application to close is typical. It varies by lender and by how quickly third-party reports, such as the business valuation and appraisal, come back. The SBA file records approval dates, not application dates, so this site cannot measure it. Lenders approved 3 loans to buy hotels and motels in Arizona in FY2025 and FY2026.
Which banks make SBA loans for a hotel or motel in Arizona?
By loan count, FY2018 to FY2026: Poppy Bank (3), Celtic Bank Corporation (3), Cathay Bank (2), Open Bank (2), First Western SBLC, LLC d/b/a Peachtree Group (2). Poppy Bank made 13% of loans to buy hotels and motels in Arizona. Counts show past approvals only and do not predict whether a lender will approve a particular deal.
Seller note standby terms and third-party consents are reviewed before closing.
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Related
- All Arizona acquisitions
- Financing one? How to get an SBA loan to buy a hotel or motel
- Hotels and Motels nationally
- Hotels and Motels in Texas
- Hotels and Motels in Georgia
- Hotels and Motels in California
- Hotels and Motels in North Carolina
- Hotels and Motels in Ohio
- Hotels and Motels in Illinois
- Hotels and Motels in Florida
- Hotels and Motels in Indiana
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Small samples move a lot: each loan in this combination is 4% of the count. Industry is the NAICS code the lender recorded. See the methodology.
Cite this data
SBA Acquisition Data, "Hotels and Motels in Arizona: SBA acquisition loan data", https://sbaacquisitiondata.com/state/az/hotels-except-casino-hotels-and-motels-721110 (data as of September 30, 2026). Source: U.S. Small Business Administration 7(a) loan file, data.sba.gov. Aggregated by SBA Acquisition Data.
The figures on this page are also published as JSON at https://sbaacquisitiondata.com/data/state/az/hotels-except-casino-hotels-and-motels-721110.json.