SBA 7(a)/504 FOIA · FY1991–PRESENT · SOUTH DAKOTA
ECONO LODGE franchise in South Dakota: what the public record shows
Franchisees of ECONO LODGE in South Dakota have taken 5 SBA loans since 1991 (average $781,800)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 10.6% is the better guide. Its latest FDD Item 20 state table reports 9 franchised outlets in South Dakota (fiscal 2025) — about 0.97 per 100k residents.
Loans in SD
5
Resolved
2
Local charge-off
thin
National charge-off
10.6%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SD. 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 of 30 loans.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 10 | — |
| 2024 | 10 | — |
| 2025 | 9 | — |
| System | Loans in SD | Local charge-off | Units in SD |
|---|---|---|---|
| DAIRY QUEEN | 31 | 4.8% | — |
| Subway | 25 | 0.0% | 79 |
| Culligan | 10 | thin | 8 |
| QUALITY INN | 9 | thin | 13 |
| Radioshack | 6 | thin | — |
| SERVICEMASTER RESTORE | 6 | thin | 10 |
| Fastsigns | 5 | thin | — |
| Home Instead | 5 | thin | 4 |
Same sector, same state, same public records — how ECONO LODGE compares to the systems a buyer in South Dakota would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing ECONO LODGE's numbers, including talking you out of a bad deal.