SBA 7(a)/504 FOIA · FY1991–PRESENT · LOUISIANA
Candlewood Suites franchise in Louisiana: what the public record shows
Franchisees of Candlewood Suites in Louisiana have taken 5 SBA loans in the FY1991–present FOIA files (average $2,605,600). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Candlewood Suites's national ratio is 0.5× (not clearly different from 1.0×).
Loans in LA
5
Charged off (all years)
0 of 2
Loss ratio in LA
—
Loss ratio nationally (not clear)
0.5×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = LA. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
| System | Loans in LA | Charged off (all years) | Loss ratio in LA | Units in LA |
|---|---|---|---|---|
| Days Inn | 29 | 3 of 20 | — | — |
| Best Western Inn | 15 | 2 of 11 | — | — |
| La Quinta Inn | 15 | 3 of 9 | — | — |
| Comfort Inn | 12 | 1 of 8 | — | — |
| Comfort Suites | 11 | 0 of 2 | — | — |
| Motel 6 | 10 | 0 of 3 | — | — |
| ECONO LODGE | 9 | 0 of 6 | — | 6 |
| QUALITY INN | 9 | 2 of 4 | — | 25 |
| Ramada Inn | 8 | 2 of 5 | — | — |
| Red Roof Inn | 7 | 0 of 5 | — | — |
| SLEEP INN | 6 | 1 of 5 | — | 8 |
| Studio 6 | 6 | 1 of 5 | — | — |
Other systems in Candlewood Suites's sector whose franchisees borrowed in Louisiana. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing Candlewood Suites’ numbers, including talking you out of a bad deal.