SBA 7(a)/504 FOIA · FY1991–PRESENT · WASHINGTON
Choice Hotels International franchise in Washington: what the public record shows
Franchisees of Choice Hotels International in Washington have taken 20 SBA loans in the FY1991–present FOIA files (average $1,600,750). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Choice Hotels International's national ratio is 1.3×.
Loans in WA
20
Charged off (all years)
5 of 17
Loss ratio in WA
—
Loss ratio nationally
1.3×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WA. 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 WA | Charged off (all years) | Loss ratio in WA | Units in WA |
|---|---|---|---|---|
| Best Western Inn | 44 | 0 of 23 | — | — |
| Days Inn | 44 | 2 of 33 | 0.4×NOT CLEAR | — |
| QUALITY INN | 38 | 0 of 30 | — | 29 |
| ECONO LODGE | 26 | 0 of 20 | — | 4 |
| Comfort Inn | 24 | 2 of 17 | — | — |
| Super 8 | 20 | 0 of 13 | — | — |
| Travelodge | 20 | 0 of 12 | — | — |
| Ramada Inn | 19 | 1 of 13 | — | — |
| Motel 6 | 16 | 0 of 9 | — | — |
| RODEWAY INN | 16 | 0 of 9 | — | 4 |
| Holiday Inn Express | 14 | 0 of 12 | — | — |
| La Quinta Inn | 12 | 0 of 7 | — | — |
Other systems in Choice Hotels International's sector whose franchisees borrowed in Washington. 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 Choice Hotels International’s numbers, including talking you out of a bad deal.