FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · FLORIDA

Comfort/ Comfort Inn & Suites/ Comfort Suites franchise in Florida: what the public record shows

Franchisees of Comfort/ Comfort Inn & Suites/ Comfort Suites in Florida have taken 13 SBA loans in the FY1991–present FOIA files (average $2,021,253). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Comfort/ Comfort Inn & Suites/ Comfort Suites's national ratio is 0.2×.

SBA loan outcomes · Floridavs same-year franchise loans

Loans in FL

13

Charged off (all years)

0 of 9

Loss ratio in FL

—

Loss ratio nationally

0.2×

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = FL. 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.

Same-sector systems with SBA loan history in Florida12 systems
SystemLoans in FLCharged off (all years)Loss ratio in FLUnits in FL
Days Inn8811 of 611.2×NOT CLEAR—
Holiday Inn Express5811 of 381.4×NOT CLEAR—
QUALITY INN585 of 32—72
Hampton Inns510 of 23——
Super 8482 of 330.4×NOT CLEAR—
Best Western Inn472 of 27——
Ramada Inn457 of 361.2×NOT CLEAR—
Comfort Inn373 of 19——
SLEEP INN354 of 19—20
ECONO LODGE332 of 24—27
La Quinta Inn310 of 15——
Howard Johnson305 of 25——

Other systems in Comfort/ Comfort Inn & Suites/ Comfort Suites's sector whose franchisees borrowed in Florida. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.

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