SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement franchise in Michigan: what the public record shows
Franchisees of Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement in Michigan have taken 14 SBA loans since 1991 (average $2,487,178)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 2.3% is the better guide.
Loans in MI
14
Resolved
5
Local charge-off
thin
National charge-off
2.3%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MI. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor of 30 loans.
| System | Loans in MI | Local charge-off | Units in MI |
|---|---|---|---|
| Super 8 | 58 | 23.8% | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 34 | 12.0% | — |
| Red Roof Inn | 34 | 5.0% | — |
| Holiday Inn Express | 33 | 0.0% | — |
| Best Western Inn | 26 | 16.7% | — |
| Ramada Inn | 17 | 45.5% | — |
| Americinn | 15 | thin | — |
| Baymont Inn & Suites | 15 | thin | — |
| Days Inn | 15 | 15.4% | — |
| Travelodge | 14 | thin | — |
| Knights Inn | 13 | thin | — |
| Hampton Inns | 10 | thin | — |
Same sector, same state, same public records — how Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement compares to the systems a buyer in Michigan would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing Best Western - Best Western Plus - Best Western Premier- Executive Residency by Best Western- @Home by Best Western - GLo - Aiden - Membership Agreement's numbers, including talking you out of a bad deal.