FRANCHISE·WATCH·DESK

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

Holiday Inn Express franchise in Minnesota: what the public record shows

Franchisees of Holiday Inn Express in Minnesota have taken 20 SBA loans since 1991 (average $1,675,500), and of the 12 loans whose story has ended, 0.0% were charged off — versus 11.7% for Holiday Inn Express nationally and 14.8% across all rateable franchise brands.

SBA loan outcomes · Minnesotavs national

Loans in MN

20

Resolved

12

Local charge-off

0.0%

National charge-off

11.7%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MN. 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 Minnesota11 systems

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

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A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing Holiday Inn Express's numbers, including talking you out of a bad deal.

Don Drummond, CPA — Virginia #43775 · what I charge

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