SBA 7(a)/504 FOIA · FY1991–PRESENT · MICHIGAN
Holiday Inn franchise in Michigan: what the public record shows
Franchisees of Holiday Inn in Michigan have taken 14 SBA loans in the FY1991–present FOIA files (average $2,679,500). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Holiday Inn's national ratio is 0.8× (not clearly different from 1.0×).
Loans in MI
14
Charged off (all years)
0 of 8
Loss ratio in MI
—
Loss ratio nationally (not clear)
0.8×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MI. 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 MI | Charged off (all years) | Loss ratio in MI | Units in MI |
|---|---|---|---|---|
| Super 8 | 58 | 10 of 42 | 1.3×NOT CLEAR | — |
| Best Western Inn | 40 | 4 of 23 | — | — |
| Red Roof Inn | 34 | 1 of 20 | — | — |
| QUALITY INN | 29 | 3 of 19 | — | 45 |
| Days Inn | 25 | 2 of 15 | — | — |
| ECONO LODGE | 25 | 2 of 19 | — | 13 |
| Holiday Inn Express | 21 | 0 of 10 | — | — |
| Ramada Inn | 21 | 5 of 13 | — | — |
| Comfort Inn | 19 | 2 of 10 | — | — |
| Baymont Inn & Suites | 17 | 1 of 9 | — | — |
| Americinn | 15 | 3 of 9 | — | — |
| Hampton Inns | 15 | 0 of 7 | — | — |
Other systems in Holiday Inn's sector whose franchisees borrowed in Michigan. 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’s numbers, including talking you out of a bad deal.