SBA 7(a)/504 FOIA · FY1991–PRESENT · NEW JERSEY
Ramada Inn franchise in New Jersey: what the public record shows
Franchisees of Ramada Inn in New Jersey have taken 16 SBA loans since 1991 (average $1,408,187), and of the 11 loans whose story has ended, 0.0% were charged off — versus 18.1% for Ramada Inn nationally and 14.8% across all rateable franchise brands.
Loans in NJ
16
Resolved
11
Local charge-off
0.0%
National charge-off
18.1%
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.
| 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% | — |
| 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 | — |
| Motel 6 | 5 | thin | — |
| Red Roof Inn | 5 | thin | — |
Same sector, same state, same public records — how Ramada Inn 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 Ramada Inn's numbers, including talking you out of a bad deal.