SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW MEXICO
Howard Johnson franchise in New Mexico: what the public record shows
Franchisees of Howard Johnson in New Mexico have taken 6 SBA loans in the FY1991–present FOIA files (average $1,229,016). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Howard Johnson's national ratio is 0.9× (not clearly different from 1.0×).
Loans in NM
6
Charged off (all years)
1 of 5
Loss ratio in NM
—
Loss ratio nationally (not clear)
0.9×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NM. 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 NM | Charged off (all years) | Loss ratio in NM | Units in NM |
|---|---|---|---|---|
| Days Inn | 33 | 3 of 17 | — | — |
| Super 8 | 31 | 1 of 18 | — | — |
| Comfort Inn | 25 | 4 of 17 | — | — |
| Best Western Inn | 18 | 1 of 11 | — | — |
| Choice Hotels International | 17 | 4 of 16 | — | — |
| Hampton Inns | 17 | 5 of 12 | — | — |
| Holiday Inn Express | 17 | 0 of 9 | — | — |
| QUALITY INN | 14 | 1 of 7 | — | 24 |
| Ramada Inn | 14 | 2 of 9 | — | — |
| La Quinta Inn | 12 | 0 of 10 | — | — |
| Travelodge | 12 | 1 of 7 | — | — |
| Motel 6 | 10 | 0 of 6 | — | — |
Other systems in Howard Johnson's sector whose franchisees borrowed in New Mexico. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
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