SBA 7(a)/504 FOIA · FY1991–PRESENT · TENNESSEE
Microtel franchise in Tennessee: what the public record shows
Franchisees of Microtel in Tennessee have taken 9 SBA loans in the FY1991–present FOIA files (average $1,002,333). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Microtel's national ratio is 1.2× (not clearly different from 1.0×).
Loans in TN
9
Charged off (all years)
2 of 5
Loss ratio in TN
—
Loss ratio nationally (not clear)
1.2×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TN. 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 TN | Charged off (all years) | Loss ratio in TN | Units in TN |
|---|---|---|---|---|
| Super 8 | 41 | 0 of 28 | — | — |
| QUALITY INN | 30 | 2 of 17 | — | 69 |
| Holiday Inn Express | 29 | 2 of 21 | — | — |
| Comfort Inn | 28 | 3 of 16 | — | — |
| Days Inn | 26 | 2 of 15 | — | — |
| Hampton Inns | 26 | 1 of 16 | — | — |
| Best Western Inn | 23 | 1 of 17 | — | — |
| Country Inn | 18 | 0 of 11 | — | 13 |
| Ramada Inn | 16 | 4 of 12 | — | — |
| Holiday Inn | 15 | 2 of 8 | — | — |
| Motel 6 | 15 | 2 of 6 | — | — |
| ECONO LODGE | 14 | 4 of 10 | — | 35 |
Other systems in Microtel's sector whose franchisees borrowed in Tennessee. 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 Microtel’s numbers, including talking you out of a bad deal.