SBA 7(a)/504 FOIA · FY1991–PRESENT · VIRGINIA
Knights Inn franchise in Virginia: what the public record shows
Franchisees of Knights Inn in Virginia have taken 9 SBA loans since 1991 (average $1,337,444)— 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 16.8% is the better guide.
Loans in VA
9
Resolved
4
Local charge-off
thin
National charge-off
16.8%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = VA. 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 VA | Local charge-off | Units in VA |
|---|---|---|---|
| Quality Inn/Quality Suites, Hotel Or Resort | 60 | 10.3% | — |
| Econo Lodge Motel | 42 | 10.7% | — |
| Days Inn | 36 | 25.8% | — |
| Super 8 by Wyndhan / Super 8 | 28 | 0.0% | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 27 | 6.3% | — |
| Holiday Inn Express/Holiday Inn Express & Suites | 26 | 11.8% | — |
| Super 8 Motel | 22 | 0.0% | — |
| Ramada Inn | 21 | 21.4% | — |
| Best Western Inn | 15 | 9.1% | — |
| Howard Johnson | 15 | 21.4% | — |
| Motel 6 | 14 | thin | — |
| Travelodge | 14 | thin | — |
Same sector, same state, same public records — how Knights Inn compares to the systems a buyer in Virginia 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 Knights Inn's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →