Hotels and Motels acquisitions in Colorado: SBA loan data

How Hotels and Motels in Colorado compares

The median for loans to buy hotels and motels in Colorado is $2,262,500, well above the $661,000 median for all Colorado acquisitions, slightly below 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 $1,372,500 to $3,888,500, 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 6.92%, below the 7.76% national average.

Seasoned loans were charged off at 3.2%, below the 4.1% rate for all Colorado acquisitions, well above the 0.8% rate for Hotels and Motels acquisitions nationwide and in line with the 3.5% rate for all acquisition loans.

Loan size distribution

Most loans to buy hotels and motels in Colorado (96%) were $1M or more, and the largest single band is $2M and over at 54%, against 17% of all acquisition loans.

Bands are fixed dollar ranges chosen for comparison. They are not SBA program limits.

Lender concentration

Hanmi Bank made 29% of loans to buy hotels and motels in Colorado, and the top three lenders together made 59%. 7 of the 16 lenders involved made three or more. A few banks carry most of the volume. That is a rough guide to how many banks have seen this kind of deal before.

Recent activity

In FY2025 and FY2026 combined, 15 loans to buy hotels and motels in Colorado were approved. That is 25% more than the 12 approved in FY2023 and FY2024. The median was $3,687,000, well above the $2,262,500 median across all years.

Hotels and Motels acquisition loans in Colorado by year

How often do these acquisition loans fail?

Of the 31 Hotels and Motels in Colorado acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 1 have been charged off by the SBA, a rate of 3.2% by loan count and 1.1% by dollars. 18 have already been paid in full.

For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Hotels and Motels in Colorado is 8% lower than the acquisition-loan average. 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.

Related

• All Colorado acquisitions
• 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
• Beer, Wine, and Liquor Retailers in Colorado
• Full-Service Restaurants in Colorado
• Plumbing, Heating, and Air-Conditioning Contractors in Colorado
• Limited-Service Restaurants in Colorado
• General Automotive Repair in Colorado
• All Other Specialty Trade Contractors in Colorado
• Child Care Services in Colorado
• Landscaping Services in Colorado

Small samples move a lot: each loan in this combination is 1% of the count. Industry is the NAICS code the lender recorded. See the methodology.