SBA 7(a)/504 FOIA · FY1991–PRESENT · OHIO
ECONO LODGE franchise in Ohio: what the public record shows
Franchisees of ECONO LODGE in Ohio have taken 35 SBA loans in the FY1991–present FOIA files (average $1,046,489). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. ECONO LODGE's national ratio is 0.7×. Its latest FDD Item 20 state table reports 10 franchised outlets in Ohio (fiscal 2025) — about 0.08 per 100k residents.
Loans in OH
35
Charged off (all years)
3 of 27
Loss ratio in OH
—
Loss ratio nationally
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = OH. 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 11 | — |
| 2024 | 11 | — |
| 2025 | 10 | — |
| System | Loans in OH | Charged off (all years) | Loss ratio in OH | Units in OH |
|---|---|---|---|---|
| Days Inn | 84 | 11 of 57 | 1.1×NOT CLEAR | — |
| Super 8 | 74 | 6 of 49 | 0.7×NOT CLEAR | — |
| QUALITY INN | 57 | 5 of 31 | — | 67 |
| Holiday Inn Express | 53 | 3 of 26 | — | — |
| Best Western Inn | 47 | 5 of 24 | — | — |
| Comfort Inn | 47 | 4 of 30 | — | — |
| Hampton Inns | 39 | 0 of 26 | — | — |
| Red Roof Inn | 37 | 1 of 21 | — | — |
| Motel 6 | 33 | 3 of 17 | — | — |
| Holiday Inn | 26 | 2 of 11 | — | — |
| Knights Inn | 26 | 3 of 21 | — | — |
| Baymont Inn & Suites | 25 | 1 of 12 | — | — |
Other systems in ECONO LODGE's sector whose franchisees borrowed in Ohio. 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 ECONO LODGE’s numbers, including talking you out of a bad deal.