SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW JERSEY
Motel 6 franchise in New Jersey: what the public record shows
Franchisees of Motel 6 in New Jersey have taken 5 SBA loans since 1991 (average $2,107,200)— 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 4.6% is the better guide.
Loans in NJ
5
Resolved
1
Local charge-off
thin
National charge-off
4.6%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NJ. 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 NJ | Local charge-off | Units in NJ |
|---|---|---|---|
| Days Inn | 21 | 0.0% | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 19 | 20.0% | — |
| Holiday Inn Express | 19 | 18.2% | — |
| Ramada Inn | 16 | 0.0% | — |
| Howard Johnson | 10 | thin | — |
| Red Carpet Inn | 10 | thin | — |
| Best Western Inn | 7 | thin | — |
| Hampton Inns | 7 | thin | — |
| Super 8 | 7 | thin | — |
| Fairfield Inn | 6 | thin | — |
| Choice Hotels International | 5 | thin | — |
| Red Roof Inn | 5 | thin | — |
Same sector, same state, same public records — how Motel 6 compares to the systems a buyer in New Jersey 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 Motel 6's numbers, including talking you out of a bad deal.