FRANCHISE·WATCH·DESK

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

Days Inn franchise in Washington: what the public record shows

Franchisees of Days Inn in Washington have taken 44 SBA loans in the FY1991–present FOIA files (average $2,293,656). Those approved through FY2020 defaulted at a rate not clearly different from franchise loans made in the same years nationally: 2 charge-offs among 32 resolved loans, where about 4.9 would be expected (0.4×). Days Inn's national ratio is 0.9×.

SBA loan outcomes · Washingtonvs same-year franchise loans

Loans in WA

44

Charged off (all years)

2 of 33

Loss ratio in WA (not clear)

0.4×

Loss ratio nationally

0.9×

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.

Same-sector systems with SBA loan history in Washington12 systems
SystemLoans in WACharged off (all years)Loss ratio in WAUnits in WA
Best Western Inn440 of 23——
QUALITY INN380 of 30—29
ECONO LODGE260 of 20—4
Comfort Inn242 of 17——
Choice Hotels International205 of 17——
Super 8200 of 13——
Travelodge200 of 12——
Ramada Inn191 of 13——
Motel 6160 of 9——
RODEWAY INN160 of 9—4
Holiday Inn Express140 of 12——
La Quinta Inn120 of 7——

Other systems in Days Inn'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.

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