{"citation":"SBA loans to hotels and motels in Virginia. SBA Express Loans, Janover Capital LLC (data as of June 30, 2026). https://www.sbaexpress.loans/industries/hotels-motels/virginia/ 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/virginia/","title":"SBA loans to hotels and motels in Virginia","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":"VA","name":"Virginia"},"industry":{"naics":"721110","name":"Hotels (except Casino Hotels) and Motels","url":"/industries/hotels-motels/"},"loans":138,"dollars_approved":380245100,"measures":{"share_of_all_loans_pct":{"state":2.427,"national":1.515,"reading":"Clearly higher"},"median_loan":{"state":2592500,"national":2371000,"reading":"No clear gap"},"middle_half_of_loans":{"state":{"p25":1526250,"p75":4076075},"national":{"p25":1302625,"p75":3800875}},"startup_pct":{"state":8.0,"national":8.3,"reading":"No clear gap"},"new_pct":{"state":17.4,"national":22.5,"reading":"No clear gap"},"existing_pct":{"state":21.7,"national":34.3,"reading":"Clearly lower"},"ownership_pct":{"state":52.2,"national":33.3,"reading":"Clearly higher"},"express_pct":{"state":null,"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":1.75,"national":1.5}},"clear_gaps":["mix","ownership","share"],"top_lenders":{"GBank":42,"The Huntington National Bank":17,"Peoples Bank":8,"US Metro Bank":7,"First Western SBLC, LLC":5},"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."}}