SBA 7(a)/504 FOIA · FY1991–PRESENT · WEST VIRGINIA
Microtel franchise in West Virginia: what the public record shows
Franchisees of Microtel in West Virginia have taken 6 SBA loans since 1991 (average $1,709,316)— 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 20.4% is the better guide.
Loans in WV
6
Resolved
4
Local charge-off
thin
National charge-off
20.4%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WV. 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 WV | Local charge-off | Units in WV |
|---|---|---|---|
| Holiday Inn Express | 8 | thin | — |
Same sector, same state, same public records — how Microtel compares to the systems a buyer in West 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. I'm paid by you — and the job is pressure-testing Microtel's numbers, including talking you out of a bad deal.