FRANCHISE·WATCH·DESK

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

Econo Lodge Motel franchise in Illinois: what the public record shows

Franchisees of Econo Lodge Motel in Illinois have taken 19 SBA loans since 1991 (average $1,321,631), and of the 12 loans whose story has ended, 16.7% were charged off — versus 10.6% for Econo Lodge Motel nationally and 14.8% across all rateable franchise brands.

SBA loan outcomes · Illinoisvs national

Loans in IL

19

Resolved

12

Local charge-off

16.7%

National charge-off

10.6%

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

Same-sector systems with SBA loan history in Illinois12 systems

Same sector, same state, same public records — how Econo Lodge Motel compares to the systems a buyer in Illinois would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.

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