SBA 7(a)/504 FOIA · FY1991–PRESENT · IOWA
Holiday Inn Express franchise in Iowa: what the public record shows
Franchisees of Holiday Inn Express in Iowa have taken 10 SBA loans in the FY1991–present FOIA files (average $2,156,000). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Holiday Inn Express's national ratio is 0.6×.
Loans in IA
10
Charged off (all years)
1 of 6
Loss ratio in IA
—
Loss ratio nationally
0.6×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IA. 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.
| System | Loans in IA | Charged off (all years) | Loss ratio in IA | Units in IA |
|---|---|---|---|---|
| Super 8 | 57 | 3 of 46 | 0.5×NOT CLEAR | — |
| Americinn | 17 | 0 of 10 | — | — |
| QUALITY INN | 17 | 1 of 10 | — | 31 |
| Days Inn | 14 | 3 of 9 | — | — |
| SLEEP INN | 9 | 0 of 5 | — | 11 |
| Holiday Inn | 8 | 0 of 3 | — | — |
| Ramada Inn | 8 | 1 of 5 | — | — |
| Baymont Inn & Suites | 7 | 0 of 6 | — | — |
| Best Western Inn | 6 | 0 of 3 | — | — |
| CLARION HOTEL | 6 | 1 of 3 | — | 1 |
Other systems in Holiday Inn Express's sector whose franchisees borrowed in Iowa. 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 Holiday Inn Express’ numbers, including talking you out of a bad deal.
Don Drummond — internal audit and controls background · what I charge