{"citation":"SBA loans to hotels and motels in California. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/industries/hotels-motels/california/ Source: SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026 (https://data.sba.gov/dataset/7a-504-foia).","url":"https://www.sbaexpress.loans/industries/hotels-motels/california/","title":"SBA loans to hotels and motels in California","data_as_of":"2026-06-30","checked":null,"sources":[{"label":"SBA 7(a) and 504 FOIA loan-level data, as of June 30, 2026","url":"https://data.sba.gov/dataset/7a-504-foia"}],"data":{"window":{"id":"all","from":"2019-10-01","to":"2026-06-30"},"state":{"code":"CA","name":"California"},"industry":{"naics":"721110","name":"Hotels (except Casino Hotels) and Motels","url":"/industries/hotels-motels/"},"loans":441,"dollars_approved":1199672900,"measures":{"share_of_all_loans_pct":{"state":1.134,"national":1.515,"reading":"No clear gap"},"median_loan":{"state":2550000,"national":2371000,"reading":"No clear gap"},"middle_half_of_loans":{"state":{"p25":1200000,"p75":4375000},"national":{"p25":1302625,"p75":3800875}},"startup_pct":{"state":4.1,"national":8.3,"reading":"No clear gap"},"new_pct":{"state":16.6,"national":22.5,"reading":"No clear gap"},"existing_pct":{"state":51.7,"national":34.3,"reading":"Clearly higher"},"ownership_pct":{"state":25.6,"national":33.3,"reading":"No clear gap"},"express_pct":{"state":1.1,"national":2.9,"reading":"No clear gap"},"loc_pct":{"state":null,"national":1.6,"reading":"No clear gap"},"median_term_months":{"state":300,"national":300},"median_spread_over_prime_points":{"state":1.5,"national":1.5}},"clear_gaps":["existing"],"top_lenders":{"US Metro Bank":51,"Pinnacle Bank":48,"Open Bank":30,"Summit State Bank":26,"West Coast Community Bank":26},"note":"Null means fewer than 5 loans. Loans SBA approved only: the file has no denials. Spread over Prime is the rate at approval minus Prime that day, not today's rate."}}