SBA 7(a)/504 FOIA · FY1991–PRESENT · MISSOURI
KOA franchise in Missouri: what the public record shows
Franchisees of KOA in Missouri have taken 6 SBA loans in the FY1991–present FOIA files (average $599,166). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. KOA's national ratio is 0.2×. Its latest FDD Item 20 state table reports 8 franchised outlets in Missouri (fiscal 2025) — about 0.13 per 100k residents.
Loans in MO
6
Charged off (all years)
0 of 4
Loss ratio in MO
—
Loss ratio nationally
0.2×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = MO. 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.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 8 | — |
| 2024 | 8 | — |
| 2025 | 8 | — |
| System | Loans in MO | Charged off (all years) | Loss ratio in MO | Units in MO |
|---|---|---|---|---|
| Super 8 | 63 | 8 of 45 | 1.0×NOT CLEAR | — |
| Days Inn | 43 | 4 of 24 | — | — |
| QUALITY INN | 25 | 2 of 13 | — | 37 |
| Best Western Inn | 22 | 2 of 13 | — | — |
| Comfort Inn | 18 | 0 of 12 | — | — |
| Holiday Inn Express | 18 | 0 of 14 | — | — |
| Americas Best Value Inn | 14 | 2 of 8 | — | — |
| Baymont Inn & Suites | 14 | 1 of 8 | — | — |
| Choice Hotels International | 14 | 3 of 11 | — | — |
| Ramada Inn | 14 | 3 of 12 | — | — |
| Red Roof Inn | 14 | 1 of 6 | — | — |
| ECONO LODGE | 13 | 3 of 10 | — | 14 |
Other systems in KOA's sector whose franchisees borrowed in Missouri. 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 KOA’s numbers, including talking you out of a bad deal.