SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW JERSEY
Choice Hotels International franchise in New Jersey: what the public record shows
Franchisees of Choice Hotels International in New Jersey have taken 5 SBA loans since 1991 (average $1,840,400)— 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 27.0% is the better guide.
Loans in NJ
5
Resolved
2
Local charge-off
thin
National charge-off
27.0%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NJ. 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 NJ | Local charge-off | Units in NJ |
|---|---|---|---|
| Days Inn | 21 | 0.0% | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 19 | 20.0% | — |
| Holiday Inn Express/Holiday Inn Express & Suites | 19 | 18.2% | — |
| Ramada Inn | 16 | 0.0% | — |
| Quality Inn/Quality Suites, Hotel Or Resort | 12 | thin | — |
| Howard Johnson | 10 | thin | — |
| Red Carpet Inn | 10 | thin | — |
| Best Western Inn | 7 | thin | — |
| Econo Lodge Motel | 7 | thin | — |
| Hampton Inns | 7 | thin | — |
| Super 8 Motel | 7 | thin | — |
| Fairfield Inn | 6 | thin | — |
Same sector, same state, same public records — how Choice Hotels International compares to the systems a buyer in New Jersey 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. An independent CPA is paid by you — and the job is pressure-testing Choice Hotels International's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →