SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW JERSEY
Holiday Inn franchise in New Jersey: what the public record shows
Franchisees of Holiday Inn in New Jersey have taken 14 SBA loans in the FY1991–present FOIA files (average $3,078,642). 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 NJ
14
Charged off (all years)
1 of 9
Loss ratio in NJ
—
Loss ratio nationally (not clear)
0.8×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NJ. 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 NJ | Charged off (all years) | Loss ratio in NJ | Units in NJ |
|---|---|---|---|---|
| Days Inn | 25 | 0 of 12 | — | — |
| Ramada Inn | 19 | 0 of 14 | — | — |
| Comfort Inn | 12 | 0 of 5 | — | — |
| QUALITY INN | 12 | 0 of 8 | — | 11 |
| Howard Johnson | 10 | 1 of 6 | — | — |
| Red Carpet Inn | 10 | 2 of 5 | — | — |
| Best Western Inn | 7 | 0 of 3 | — | — |
| Hampton Inns | 7 | 0 of 3 | — | — |
| Super 8 | 7 | 0 of 4 | — | — |
| ECONO LODGE | 6 | 0 of 4 | — | 5 |
| Fairfield Inn | 6 | 0 of 4 | — | — |
| Holiday Inn Express | 6 | 0 of 1 | — | — |
Other systems in Holiday Inn's sector whose franchisees borrowed in New Jersey. 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.