SBA 7(a)/504 FOIA · FY1991–PRESENT · TENNESSEE
Howard Johnson franchise in Tennessee: what the public record shows
Franchisees of Howard Johnson in Tennessee have taken 8 SBA loans since 1991 (average $1,825,312)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 14.8% is the better guide.
Loans in TN
8
Resolved
4
Local charge-off
thin
National charge-off
14.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TN. 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 of 30 loans.
| System | Loans in TN | Local charge-off | Units in TN |
|---|---|---|---|
| Holiday Inn Express/Holiday Inn Express & Suites | 42 | 14.3% | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 36 | 13.6% | — |
| Super 8 Motel | 33 | 0.0% | — |
| Quality Inn/Quality Suites, Hotel Or Resort | 30 | 11.8% | — |
| Hampton Inns | 26 | 6.3% | — |
| Days Inn | 22 | 13.3% | — |
| Best Western Inn | 16 | 7.1% | — |
| Motel 6 | 15 | thin | — |
| Ramada Inn | 15 | 36.4% | — |
| Econo Lodge Motel | 14 | 40.0% | — |
| Country Inn and Suites by Radisson | 13 | thin | — |
| La Quinta Inn | 11 | thin | — |
Same sector, same state, same public records — how Howard Johnson compares to the systems a buyer in Tennessee would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. An independent CPA is paid by you — and the job is pressure-testing Howard Johnson's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →