FRANCHISE·WATCH·DESK

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

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

Franchisees of Comfort/ Comfort Inn & Suites/ Comfort Suites in South Carolina have taken 8 SBA loans in the FY1991–present FOIA files (average $3,451,437). 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 · South Carolinavs same-year franchise loans

Loans in SC

8

Charged off (all years)

0 of 7

Loss ratio in SC

—

Loss ratio nationally

0.2×

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SC. 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 South Carolina12 systems
SystemLoans in SCCharged off (all years)Loss ratio in SCUnits in SC
QUALITY INN674 of 430.8×NOT CLEAR55
Days Inn6411 of 451.5×NOT CLEAR—
Super 8303 of 21——
Comfort Inn271 of 21——
SLEEP INN250 of 16—18
Best Western Inn240 of 15——
Red Roof Inn241 of 15——
Baymont Inn & Suites221 of 11——
Choice Hotels International216 of 20——
ECONO LODGE202 of 13—19
Holiday Inn Express200 of 13——
Howard Johnson181 of 17——

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

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