SBA 7(a)/504 FOIA · FY1991–PRESENT · PENNSYLVANIA
Red Carpet Inn franchise in Pennsylvania: what the public record shows
Franchisees of Red Carpet Inn in Pennsylvania have taken 7 SBA loans since 1991 (average $1,375,714)— 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 8.5% is the better guide.
Loans in PA
7
Resolved
5
Local charge-off
thin
National charge-off
8.5%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = PA. 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 PA | Local charge-off | Units in PA |
|---|---|---|---|
| Days Inn | 44 | 9.1% | — |
| Holiday Inn Express/Holiday Inn Express & Suites | 38 | 0.0% | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 37 | 5.3% | — |
| Quality Inn/Quality Suites, Hotel Or Resort | 29 | 0.0% | — |
| Red Roof Inn | 28 | 0.0% | — |
| Econo Lodge Motel | 27 | 0.0% | — |
| Super 8 Motel | 26 | 16.7% | — |
| Super 8 by Wyndhan / Super 8 | 15 | thin | — |
| Best Western Inn | 14 | 10.0% | — |
| Ramada Inn | 14 | 18.2% | — |
| Travelodge | 12 | thin | — |
| Hampton Inns | 10 | thin | — |
Same sector, same state, same public records — how Red Carpet Inn compares to the systems a buyer in Pennsylvania 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. An independent CPA is paid by you — and the job is pressure-testing Red Carpet Inn's numbers, including talking you out of a bad deal.
Talk to an independent CPA before you buy →